After being heavily impacted by Covid-19 for two years, trade between Vietnam and the United Kingdom (UK) has recovered, reaching nearly 6.6 billion USD at the end of 2021, up 17 percent from the previous year, according to the Ministry of Industry and Trade.
Vietnam’s exports exceeded 5.7 billion USD, up 16.4 percent year-on-year, the ministry said, attributing the increase to the UK-Vietnam Free Trade Agreement (UKVFTA) which took effect in August 2020.
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Pepper remains one of Vietnam's major exports to the UK.
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Sharp growth was seen in shipments of fruits and vegetables (67 percent), coffee (17 percent), pepper (49 percent), iron and steel (1,269 percent), and toys and sports equipment (19 percent).
Meanwhile, imports from the UK rose by 23.6 percent to nearly 850 million USD.
Vietnam exported more than 4.8 billion USD worth of goods to the UK in the first four months of 2022, with major currency earners including seafood, coffee, pepper, cashew nut, textile and garment, footwear, iron and steel, phones, computers, machinery, and toys and sports equipment.
Rice exports estimated at 715 million USD in Q1
Vietnam exported 1.48 million tonnes of rice, worth 715 million USD, in the first three months this year, up 24 percent in volume and 10.5 percent in value against the same period last year.
Vietnam’s rice export turnover up 10.5 percent in Q1
Vietnam exported 1.14 million tonnes of rice worth 715 million USD in the first quarter of 2022, up 24 percent in volume and 10.5 percent in value year-on-year, according to the Ministry of Agriculture and Rural Development.
Over 600 labours exported to Republic of Korea
(BGO)
– Republic of Korea is among the traditional market for labour export of Bac
Giang province. The province has implemented programme to bring Vietnamese
labour to work in this country under the Employment Permit System which has low
cost of immigration and helps labour earn stable income.
Source: NDO/VNA
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