Minister of State Greg Hands of the UK Department for International Trade arrived in Hanoi on February 1 for high-level trade talks on how the UK joining of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will boost the economic firepower of the world’s most dynamic trade bloc, according to the British Embassy.
There remains potential for Vietnam and the UK to tap the UK-Vietnam Free Trade Agreement (UKVFTA) and expand bilateral trade ties, said Ngo Chung Khanh, Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Multilateral Trade Policy Department.
The Vietnam Business Association in the UK (VBUK) has made great contributions to connecting Vietnamese enterprises at home and in the UK, heard the association’s congress held in London on October 16.
The Vietnam - UK Free Trade Agreement (UKVFTA) has substantially assisted Vietnam’s coffee sector to expand its market share in the UK, according to the Foreign Trade Agency under the Ministry of Industry and Trade (MoIT).
Gillian Keegan, British Parliamentary Under Secretary of State at the Foreign, Commonwealth & Development Office, has expressed her belief that the Vietnam-UK comprehensive relationship will continue to grow in the next 50 years.
Vietnamese businesses must stay vigilant and do their homework to avoid trade and legal disputes in exporting to the UK to take full advantage of the UK-Vietnam Free Trade Agreement (UKVFTA), which officially went into effect last May, said industry experts and policymakers.
Minister of Foreign Affairs Bui Thanh Son, on behalf of the Vietnamese President, paid respects to Queen Elizabeth II at her state funeral held at Westminster Abbey in London on September 19.
President Nguyen Xuan Phuc hosted separate receptions in Hanoi on September 8 for the Ambassadors of the UK, Norway, Denmark and Czech Republic, who came to present their credentials.
Vietnamese firms are urged to use online platforms to expand their market reach in the UK now that the UK-Vietnam Free Trade Agreement (UKVFTA) has come into effect, experts said.
Vietnamese businesses are advised to better exploit the UK-Vietnam Free Trade Agreement (UKVFTA) to build and develop brands and expand their presence in the UK market amid stiffer competition driven by the “Global Britain” policy.
Vietnam appreciated the UK’s assistance in human trafficking prevention and control and expected that the two sides would continue cooperation and experience sharing in the field, said Deputy Minister of National Defence Sen. Lt. Gen. Hoang Xuan Chien.
A Party delegation, headed by Politburo member and head of the Party Central Committee's Economic Commission Tran Tuan Anh, paid a visit to the UK from August 10 – 15, aiming to fortify the countries’ strategic partnership, particularly in economy, trade, and investment.
A webinar was held on August 4 to update Vietnamese exporters on the UK Conformity Assessed (UKCA) mark, which is mandatory for most of industrial products circulated and used in the UK from next year.
Prime Minister Pham Minh Chinh hosted a reception in Hanoi on August 2 for British Ambassador Gareth Ward, who came to say goodbye at the end of his tenure in Vietnam.
Representatives from the Vietnamese Embassy in the UK are working with local police following the discovery of human remains in a building in Manchester.
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