Brexit: What will change from January 1?
It s not clear when the final UK-Vietnam deal, which is expected to come into effect on January 1 next year, will be signed. I think the UK-Vietnam trade deal will basically mimic that of the EU with Vietnam but with potentially less favorable terms for the UK, Alicia Garcia-Herrero, chief economist for Asia-Pacific at Natixis, an investment bank, and a senior research fellow at Bruegel, told DW. For Vietnam, the UKVFTA basically means hyperconnectivity with many economies, including the UK. This can help Vietnam attract manufacturing FDI and become a much more relevant center for the global value chain, she added.