Uk

Hanoi (VNA) – Vietnamese enterprises should be well-prepared to enhance shipments to the UK, particularly after the UK-Vietnam Free Trade Agreement took effect on December 31, 2020, according to insiders. Statistics from the Vietnam Association of Seafood Exporters and Producers (VASEP) showed that Vietnam exported some 355 million USD worth of seafood to the UK market in 2020, particularly shipments of tra fish surging 15 times as compared to 2019. Chairman and General Director of Nha Trang Seaproduct Company Ngo Van Ich said that the UK’s withdrawal from the European Union (EU) did not impact Vietnamese exports, and this relished exciting prospects for shipments in 2021. This is a wonderful opportunity for Vietnamese exporters since the UK’s import tariffs are the same as those of the EU while the country’s demand for seafood imports is expected to be stable or even increase in the coming time, Ich said. In a bid to tape advantages from the free trade deal … [Read more...] about Vietnamese firms capitalise on UKVFTA to promote exports to UK

Insiders said leather-footwear production is mostly limited to Cut, Make, Trim activities, and exports were mostly done via intermediaries rather than directly with importing brands. Companies involved often lack human resources for information updates on markets and customers. Most of them produce goods following orders. Their reliance on imported materials also hinders them from meeting origin rules set by new-generation free trade agreements. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 15

Deputy Prime Minister and Foreign Minister Pham Binh Minh will attend the ASEAN Foreign Ministers’ Retreat (AMM Retreat) which will be held virtually on January 21, said Foreign Ministry’s Spokesperson Le Thi Thu Hang at a press briefing on January 14. … [Read more...] about Deputy PM to attend ASEAN Foreign Ministers’ Retreat