UKVFTA fosters prosperity, sustainability for UK and Vietnam
Emily Hamblin, the British consul general in HCM City, said the United Kingdom – Vietnam Free Trade Agreement (UKVFTA) has ushered in a new era of collaboration, fostering economic growth and unlocking numerous opportunities.
The impact of this agreement extends far beyond the removal of 99 per cent of tariffs upon full implementation; it has ushered in a new era of collaboration, fostering economic growth and unlocking numerous opportunities.
The UKVFTA's comprehensive tariff reduction roadmap has played a pivotal role in enhancing market access for a wide array of products. Notably, for Việt Nam, key sectors such as phones, textiles, footwear, furniture, and agricultural products have experienced a surge in market penetration.
The UKVFTA stands as a testament to the power of diplomatic collaboration, fostering prosperity and sustainable development for both nations.
