 Nguyen Canh Cuong, trade counsellor at the Vietnamese Embassy in the UK (Photo: Minh Hop/VNA) |
Vietnam is among the very few countries that have signed a free trade agreement (FTA) with the UK, Nguyen Canh Cuong, trade counsellor at the Vietnamese Embassy in the UK, told the Vietnam News Agency (VNA).
The official pointed to tax incentives for Vietnam under the UK-Vietnam Free Trade Agreement. Next year, the UK may join the Comprehensive and Progressive Agreement for Trans-Pacific (CPTPP), to which Vietnam has been already a member, and during the process the UK has shown its will to make more open-door commitments to many Vietnamese products, he said.
Cuong said apart from trade promotion activities, his office has coordinated to organize many consulting sessions so far this year, focusing on wood and agricultural products, clothes and education products, especially those which Vietnam can benefit under the UKVFTA and the UK has strong demand for.