Building brands key to expanding Vietnam's presence in UK market

Lychees are processed at Global Export and Import Foodstuff JSC's factory in Bắc Giang Province. - VNA/VNS

HANOI (Vietnam News/Asia News Network): Vietnamese businesses are advised to better exploit the UK-Vietnam Free Trade Agreement (UKVFTA) to build and develop brands and expand their presence in the UK market amid stiffer competition driven by the “Global Britain” policy.

After Brexit, Britain is reaching new partners as an independent actor and Vietnam, together with Singapore, are the two Asean countries that have signed a free trade deal with the UK, showing their important position in the UK’s trade policy.