A trade deal in place will help ensure continuity in trade relations between the UK and Vietnam after Brexit’s transitional period ends on December 31, 2020.

The trade deal will open a new chapter in the Vietnam – UK relations, UK International Trade Secretary Liz Truss has said.

The UK and Vietnam announced on December 11 the conclusion of the UK-Vietnam Free Trade Agreement (UKVFTA).

Vietnam continues to be among the world’s most attractive emerging economies, the HSBC Vietnam CEO Tim Evans has said.

The trade deal is expected to spark new opportunities for Vietnam as one of the few Asian countries to secure an exclusive FTA with the UK.