Legal documents for UKVFTA implementation to be released
The Ministry of Industry and Trade (MoIT) will finalise and issue a number of legal documents needed for the implementation of the UK-Vietnam Free Trade Agreement (UKVFTA) in 2021.
Hanoi(VNA) - The Ministry of Industry and Trade (MoIT) will finalise and issue anumber of legal documents needed for the implementation of the UK-Vietnam FreeTrade Agreement (UKVFTA) in 2021.
Under a plan approvedrecently by Minister Nguyen Hong Dien, the minisry willbuild particular market development programmes for Vietnamese products withstrength and potential for export to the UK, while providing guidelines and supportto enterprises so they clearly understand the methods of approach and make the best use of advantages brought about by the deal.
The ministrywill continue increasing online trade promotions, which have been appliedeffectively for the realisation of the Comprehensive and Progressive Agreementfor Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA),thus presenting more opportunities for Vietnamese firms to engage deeply inproduction and value chains involving UK businesses and expanding their links regionallyand globally.
It will also speedup the building, amendment, and issuance of legal documents relating to theimplementation of commitments within the UKVFTA with a suitable roadmap.
Training courses will be organised and publications released introducing andanalysing the deal, while help will be given to businesses and organisations toparticipate in large-scale trade promotions in the UK and such promotions will be increasedthrough e-commerce platforms. The origin tracing app will be maintained toserve exporters.
At the same time, the MoIT will deal with all mattersarising during the implementation of the deal, according to the plan./.
Deputy Minister of Foreign Affairs To Anh Dung on March 26 chaired a ceremony to exchange official notes between Vietnam and the UK confirming the effective date of the UK-Vietnam Free Trade Agreement (UKVFTA).
Vietnam will announce to the UK side its ratification of the UK-Vietnam Free Trade Agreement (UKVFTA) this month, so the deal can officially come into force from May 1.
Free trade agreements are opening the doors for Vietnamese fruit and vegetable firms to increase export revenue this year, according to the Vietnam Fruit & Vegetables Association (VinaFruit).
The UK - Vietnam Free Trade Agreement (UKVFTA) officially took effect at the beginning of May, 2021. It has provided a huge boost to Vietnam’s exports in terms of market diversification and products. In particular, in the context of COVID-19, trade agreements with major partners will ensure the growth of Vietnamese goods.
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This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
Illustrative image (Source: VNA) 
