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UKVFTA: Transforming Trade and Investment

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The UK receives high interest from investors in the manufacturing and processing industry in Vietnam. The UKVFTA – Overcoming Global Fluctuations The UKVFTA is a significant step forward as Vietnam and the UK share a strategic commitment to global trade and the liberalization of capital and investment transactions. The UKVFTA is a crucial element in ensuring the continuity of the dynamic and growing trading relations between the two countries. With the strong foundation and progress inherited from the Vietnam – EU Free Trade Agreement (EVFTA), the UKVFTA serves as a driving force in promoting bilateral trade relations. After almost 3 years of implementation, the UKVFTA has proven its vitality as a bilateral FTA by creating economic momentum to support people and businesses on both sides in overcoming the challenging period of the pandemic. In 2021, amidst the difficult context of the pandemic, the supply chain experienced disruptions; however, bilateral trade between V...