“New trade policies of the UK’s Labour government will significantly facilitate Việt Nam’s export to this market, a representative of the Ministry of Industry and Trade (MIT) has said.
They urged Vietnamese firms to focus on improving competitiveness to better exploit opportunities from the UK-Việt Nam Free Trade Agreement (UKVFTA).
Vũ Việt Thành at the MIT European-American Markets Department has pointed out noticeable trade policies of the UK’s Labour government, which came back to power after 14 years in July and how these policies might impact trade with Việt Nam.
UK Prime Minister Keir Starmer has said the UK will not rejoin either the EU, the single market or the customs union. However, the UK is keen to improve relations with the EU and has announced a review of the UK-EU Trade and Cooperation Agreement (TCA) due in 2025-26.” – Viet Nam News
Source: New Trade Policies Of The UK Government To Ease Việt Nam’s Exports