The seminar, co-hosted by the MoIT and the British Embassy in Hanoi, focused its discussion on e-commerce in the UKFTA – key to Vietnam – U.K. growth.

Thai said room for Vietnam – U.K. cooperation remains huge as Vietnam’s shipments to the U.K. only accounted for 0.88 percent of its total imports while the U.K.’s exports to Vietnam remain modest.

leftcenterrightdel
UKVFTA brings positive results to bilateral trade. (Photo for illustration)

British Consul General in Ho Chi Minh City and Director for U.K. Trade in Vietnam Oliver Todd said the pandemic pushed Vietnam’s e-commerce market to a growth of 53 percent compared to 2020, making it an optimal choice for businesses and people.

Nguyen Thi Minh Thuy, Director of the Vietnam Trade Promotion Agency’s Information Technology and Application Centre, said the U.K. is always among the top buyers on Alibaba.com, except farm produce.

Meanwhile,  the Vietnamese firms successfully built the trademark “Made in Vietnam” on the world map on Amazon.com, leaving strong impression on the Vietnamese economy in international market and in the U.K. in particular, she added.

Head of the International Cooperation Office under the MoIT’s E-Commerce and Digital Economy Agency Bui Thanh Hang suggested the State continue refining legal framework and partner with the U.K. to offer capacity improvement programs for businesses.

Source: VNA