While the UK continues to be a potential market for Vietnam’s key export staples, the latter could be a springboard for British companies to reach a broader market in Southeast Asia.

Vietnam gives priority to a stable and sustainable trade-economic relation with the US, and will continue to work towards a harmonious and fair-trade relations under the bilateral action plan, stated the country’s central bank.

Vietnam’s good economic performance comes from the resilience of both domestic economy and foreign trade.

A key strength in Vietnam’s business environment is the country’s proliferating membership of free-trade agreements.

A zero percent antidumping rate plays an important role in the local tyre production, which is facing fierce competition from imported products of Thailand and China.