United Kingdom–Vietnam Free Trade Agreement

United Kingdom–Vietnam Free Trade Agreement
Free Trade Agreement between the United Kingdom and the Socialist Republic of Vietnam
United Kingdom Vietnam
Type	Free trade agreement
Context	Trade continuity agreement between the United Kingdom and Vietnam
Signed	29 December 2020
Location	Hanoi, Vietnam
Effective	1 January 2021
Condition	Ratification by all signatories
Negotiators	Liz Truss Trần Tuấn Anh
Parties	United Kingdom Vietnam
Languages	English Vietnamese

The United Kingdom–Vietnam Free Trade Agreement (UKVFTA) is a free trade agreement between the United Kingdom and Vietnam. It was signed prior to the withdrawal of the United Kingdom of the European Union as a Continuity trade agreement in order to protect trade and investment between the two parties as the UK would no longer be a party of the European Union–Vietnam Free Trade Agreement.

The agreement replicates the European Union–Vietnam FTA terms with minor changes.

Trade value between the United Kingdom and Vietnam was worth £7,057 million in 2022.

References

Department for International Trade (10 December 2020). "UK strikes Singapore and Vietnam trade deals, start of new era of trade with Asia '". GOV.UK. Archived from the original on 10 December 2020. Retrieved 10 December 2020.
Nguyen, Quynh (11 December 2020). "U.K., Vietnam Reach Free-Trade Deal as Brexit Deadline Looms". Bloomberg. Archived from the original on 14 May 2024. Retrieved 11 June 2024.
Department for International Trade (31 December 2020). "UK/Vietnam: Free Trade Agreement". GOV.UK. Archived from the original on 31 December 2020. Retrieved 5 May 2024.
Government of Vietnam (20 July 2022). "UK trade deal benefits Vietnamese goods". Ministry of Industry and Trade. Hanoi. Archived from the original on 20 September 2022. Retrieved 17 September 2022.
Department for International Trade (3 November 2022). "UK trade agreements in effect". GOV.UK. Archived from the original on 17 January 2024. Retrieved 9 February 2024.

v t e Free trade agreements
By country / economic union	Australia Canada China Colombia European Free Trade Association European Union Gulf Cooperation Council India Israel New Zealand South Korea Turkey United Kingdom United States Vietnam
By type	Bilateral Multilateral

Active

Bilateral	Australia Canada European Union Japan New Zealand Singapore Vietnam
Multilateral	Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) Crown Dependencies Customs Union

Negotiating

Bilateral	Canada Gulf Cooperation Council India Israel Mexico South Korea Switzerland Turkey United States

Obsolete

Bilateral	France (1860–1892) Belgium (1862–1897)
Multilateral	European Free Trade Association (1960–1972) European Economic Community (1973–1993) European Union (1993–2020)