Việt Nam exported nearly 1.2 million tonnes of coffee over the past eight months of this year, earning nearly $3 billion, down 5.7 per cent in volume but up 32.3 per cent in value thanks to increased selling prices.

To support businesses in promoting trade and effectively exploiting the UK-Việt Nam Free Trade Agreement (UKVFTA), the Việt Nam Trade Office in the UK has been building networks with the British business community and Vietnamese businesses in the UK so that it could introduce partners for Vietnamese businesses.

Vietnam has capitalised on the free trade agreements (FTAs) it has signed to bolster exports amidst weakening demand, high input costs, and inflation pressure across the globe, Minister of Industry and Trade Nguyen Hong Dien said on November 7.

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 export turnover in October is expected to reach 32.3 billion USD, up 5.3 month-on-month, showing a positive signal given the 6.3% decrease recorded in the previous month.

The expansion of Vietnamese fruits and vegetables to the UK market has demonstrated that the country’s production capacity of farm produce is improving in terms of quality, as the UK is a very demanding market with high requirements for food hygiene and safety.

Vietnamese exports to the UK grapple with challenges due to shifting policies and global conditions.

Vietnamese durian exports to the UK have increased due to high demand for this fruit and the advantages of the UK-Việt Nam Free Trade Agreement (UKVFTA).

Christopher Jeffery, Chairman of the BritCham Vietnam, shares insights on the specific challenges and opportunities faced by British businesses in Việt Nam.

Transitioning to eco-friendly and sustainable practices has become essential for Vietnam's fashion sector if it wishes to benefit from free trade agreements (FTAs), including the trade agreement with the UK, and increase its presence in the global market.