United Kingdom (UK) imports from Vietnam amounted to US$6.06 billion last year, rising by 5.2% over 2021, according to the General Department of Vietnam Customs.
The Vietnam - UK Free Trade Agreement (UKVFTA) has substantially assisted Vietnam’s coffee sector to expand its market share in the UK, according to the Foreign Trade Agency under the Ministry of Industry and Trade (MoIT).
Trade between Vietnam and the UK reached over 6 billion USD as of November 2021, up 17 percent year on year, with Vietnam enjoying surplus of 4.46 billion USD, the General Department of Vietnam Customs reported.
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Experts from the UK and the Secretariat of the Organisation for Economic Cooperation and Development (OECD) shared their experience in accelerating the reform of business regulations and designing digital services for people and enterprises during a workshop on December 16.