Businesses advised to find potential partners to increase exports to UK
Vietnamese agricultural product exporters that want to establish long-term business relationship with the UK need to have appropriate strategies, and approach potential partners in order to take advantage of export opportunities to this important market – the second biggest economy in Europe, advised Nguyen Canh Cuong, Vietnamese Trade Counselor in the UK, at a recent consulting webinar.
London (VNA) - Vietnamese agricultural product exporters that wantto establish long-term business relationship with the UK need to haveappropriate strategies, and approach potential partners in order to takeadvantage of export opportunities to this important market – the second biggesteconomy in Europe, advised Nguyen Canh Cuong, Vietnamese Trade Counselor in theUK, at a recent consulting webinar.
The event was jointly organized by the Vietnam Trade Officein the UK and the Trade Promotion Agency under the Vietnamese Ministry ofIndustry and Trade with the participation of more than 100 delegates who arerepresentatives of agencies, organisations and enterprises exporting Vietnameseagricultural products.
According to Cuong, the UK - Vietnam Free Trade Agreement(UKVFTA), which became effect on May 1, along with British businesses' need to find suppliersoutside the European Union after Brexit have created competitive advantages for manyVietnamese agricultural products in the UK marketas well as more room and opportunities for cooperation between the two sides.
In 2020, Vietnam exported more than 16,000 tonnes of cashewnuts worth over 92 million USD to the UK, accounting for 71 percent of themarket share. It also shipped 5,620 tonnes of pepper and 27,915 tonnes ofcoffee to the European country, accounting for nearly 40 percent and 5 percentof the market share.
Vietnamese dragon fruit (Photo: VNA)
However, other agricultural products such as rice and fruits are only availablein small supermarkets and have not gained access to big supermarkets in thecountry. This shows that there remains huge potential for Vietnamese farmproduce and vegetables to enter the UK market, Cuong stated.
Stressing the market’s high requirements on product quality,he suggested businesses adopt GlobalGAP standards as this is one of theprerequisites for Vietnamese agricultural products to be able to accesshigh-end markets.
Sharing the same view, Nguyen Huy, a representative ofEurofins Assurance Vietnam Group, and Doctor of Agriculture Han Van Hanh, apost-graduate at Glasgow University, said that GlobalGAP will help Vietnamesebusinesses develop sustainably and stand firm at foreign markets.
In addition, for potential products such as tea, spices and fruits,Vietnamese businesses need to win trust of British buyers before they cansell goods, they added./.
A webinar discussing ways for Vietnamese and Singaporean businesses can fully tap opportunities brought by free trade agreements (FTAs) with the European Union (EU) and the UK to expand their cooperation was jointly held by the Vietnam Embassy and the Vietnam Trade Office in Singapore on August 28.
Amidst difficulties caused by the COVID-19 pandemic, the export of agricultural and aquatic products to the EU still sees many bright signs as Vietnamese enterprises have directly exported fresh fruits to foreign partners.
Vietnam is still a bright spot for foreign businesses, Ambassador to the UK Nguyen Hoang Long has affirmed with representatives of British business circle
Phyllis Papadavid, Head of Research and Advisory at Asia House, a consulting organisation based in London, the United Kingdom, in her research, pointed out that Vietnam should promote investment to revive its economy and strengthen its ability to respond to new risks despite its success in dealing with a crisis caused by the COVID-19 pandemic.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Shrimp processing for export (Photo: VNA) 
Vietnamese dragon fruit (Photo: VNA) 
