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UKVFTA

(seafood.vasep.com.vn) On May 1, 2021, the UK - Vietnam Free Trade Agreement (UKVFTA) officially took effect. The agreement is expected by the two countries to create more new opportunities in trade and investment relations between Vietnam and the UK in the near future.

(vasep.com.vn) Over the past 5 years, the UK has been one of the 17 largest tuna export markets for Vietnam. But in 2020, Vietnam's tuna exports to the UK were unstable. The export value of Vietnamese tuna to this market reached nearly 7 million USD, going down by 2% compared to 2019 due to the impact of the Covid-19 epidemic and Britain's departure from the European Union (EU) changed British consumer behavior.