The UKVFTA and the UK’s official participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) from December 15 are creating significant opportunities for Việt Nam to expand exports to the UK. However, the risk of trade defence investigations is always present.

The UK's entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) presents an opportunity for Hanoi and London to expand their markets in an increasingly competitive world, said Rhiannon Harries, Deputy Trade Commissioner of the UK.

Vietnamese businesses have many opportunities and advantages if they take advantage of resources from imports and technology transfers when joining the supply chains of FDI companies within the CPTPP.

Together with the UK – Việt Nam Free Trade Agreement (UKVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will create new opportunities for companies and consumers in the UK and Việt Nam, affirmed British Ambassador to Viet Nam Iain Frew.

Vietnamese enterprises are exposed to many opportunities and benefits if they can take advantage of resources from imports and technology transfer when participating in the supply chain of FDI enterprises in CPTPP.

Indonesia's micro-, small- and medium-sized enterprises (MSMEs) are set to benefit from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), gaining access to new markets and export opportunities, but financial and regulatory challenges remain a significant hurdle. Financing companies could play a key role in helping MSMEs to overcome these challenges, providing crucial investment for technology, capacity building and compliance, enabling Indonesian MSMEs to better reap the benefits of CPTPP membership.

The United Kingdom will officially become a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Dec 15, marking the first-ever free-trade agreement (FTA) between the UK and Malaysia.

Vietnamese enterprises should be more active to participate in the supply chains of foreign-invested companies to leverage the benefits of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Minister of Industry and Trade Nguyen Hong Dien had meetings with Canadian Minister of Export Promotion, International Trade and Economic Development Mary Ng and Singapore’s Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong on November 28 within the framework of the eighth Comprehensive and Progressive Agreement for Trans-Pacific Partnership Commission (CPTPP) meeting in Vancouver, Canada.

Leveraging the mega-port of Chancay in Peru as an optimal logistics solution, Vietnam can boost import-export turnover with Latin American partners, especially in the industrial and energy sectors.