Deputy Minister of Agriculture and Rural Development Phùng Đức Tiến on Tuesday had a working session with the visiting Secretary of State for Scotland Alister Jack in Hà Nội.

Wood and wood product exports to the UK, as well as other major export markets, are expected to recover this year after a significant drop, industry experts have predicted.

A series of new policies from the import market pose many challenges for domestic export businesses, in which textiles, furniture and household appliances are directly affected industries.

Vietnam’s tuna exports to the UK in the remaining months of this year will be positive and Vietnamese tuna still has good competitiveness thanks to the advantages that the Vietnam-UK free trade agreement brings about, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The Vietnam Trade Office in the UK on September 13 organised a Vietnam-UK trade promotion workshop in London which saw the participation of more than 60 representatives of Vietnamese and international businesses.

The UK-Vietnam Free Trade Agreement (UKVFTA) has had a significant impact on Vietnam’s export-oriented industries, driving growth and opening up new opportunities for both countries, experts have said.

The second meeting of the Vietnam-UK Free Trade Agreement (UKVFTA) Trade Committee took place in Hanoi on August 24 under the co-chair of Vietnamese Deputy Minister of Industry and Trade Phan Thi Thang and British Minister of State for International Trade Nigel Huddleston.

The UK is set to recognize that Vietnam’s industries are operating in a market economy and will not impose unfavorable rules should they be investigated under trade defense measures. When recognized as a market economy, Vietnamese goods will be treated fairer and exporters will gain more access to other markets.

When the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has the UK as a new member, more cooperation opportunities will open up for Vietnam and the European country, according to insiders.

With many similarities, the UK- Việt Nam Free Trade Agreement (UKVFTA) could be called a direct copy of the EU- Việt Nam Free Trade Agreement (EVFTA).