A garment factory near Hanoi. - Vietnam News/ANN
HANOI, June 12 (Bernama): The UK-Vietnam Free Trade Agreement (UKVFTA), which officially took effect on May 1, is believed to herald a new era for Vietnamese goods to gain a foothold in a market with strong purchasing power, according to Vietnam News Agency quoting the Dau tu (Vietnam Investment Review) newspaper.
Vietnam’s exports to the UK rose nearly 27.4 per cent year-on-year in the opening four months of 2021, to US$1.94 billion, data from the General Department of Vietnam Customs shows, which is considered an impressive result amid Covid-19’s impact on global trade.
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