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United Kingdom–Vietnam relations

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United Kingdom–Vietnam relations

United Kingdom
Vietnam

United Kingdom–Vietnam relations (Vietnamese: Quan hệ Vương quốc Anh – Việt Nam) refer to the bilateral relations between the United Kingdom of Great Britain and Northern Ireland and the Socialist Republic of Vietnam. They established diplomatic relations on 11 September 1973, 3 years prior to Vietnamese reunification.[1]

The United Kingdom and Vietnam on a map.

Both countries share common membership of CPTPP, and the World Trade Organization. Bilaterally the two countries have a Double Taxation Agreement,[2] a Free Trade Agreement,[3] an Investment Agreement,[4] and a Strategic Partnership.[5]

Economic relations

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The UK and Vietnam entered into a strategic partnership agreement, to boost bilateral ties, in 2010.[6]

From 1 August 2020 until 30 December 2020, trade between Vietnam and the UK was governed by the European Union–Vietnam Free Trade Agreement, while the United Kingdom was a member of the European Union.[7]

Following the withdrawal of the United Kingdom from the European Union, the UK and Vietnam signed the United Kingdom–Vietnam Free Trade Agreement on 14 March 2019. The United Kingdom–Vietnam Free Trade Agreement is a continuity trade agreement, based on the EU free trade agreement, which entered into force on 1 January 2021.[8][3] Trade value between Vietnam and the United Kingdom was worth £7,049 million in 2022.[9]

In July 2023, the United Kingdom signed the agreement to accede to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, a trade bloc of which Vietnam is a founding member. CPTPP covered UK–Vietnam trade from15 December 2024.[10][11]

Diplomatic missions

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See also

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References

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  1. ^ Lamdong Foreign Affairs Department (14 July 2014). "Europe". Lamdong Foreign Affairs Department. Archived from the original on 27 November 2024. Retrieved 29 April 2023.
  2. ^ HM Revenue and Customs (22 February 2007). "Vietnam: tax treaties". GOV.UK. Archived from the original on 28 March 2019. Retrieved 2 April 2025.
  3. ^ a b 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.
  4. ^ "United Kingdom - Viet Nam BIT (2002)". UN Trade and Development. Archived from the original on 24 February 2024. Retrieved 29 June 2024.
  5. ^ Vietnam News Agency (18 October 2020). "UK-Vietnam strategic partnership makes remarkable progress". Vietnam+. London. Archived from the original on 26 November 2024. Retrieved 26 November 2024.
  6. ^ "UK-Vietnam strategic partnership makes remarkable progress". Vietnam Law and Legal Forum. 9 November 2023. Retrieved 13 January 2024.
  7. ^ "EU - Viet Nam". World Trade Organization. Retrieved 2 April 2025.
  8. ^ 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.
  9. ^ 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.
  10. ^ Department for International Trade (31 March 2023). "The UK and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)". GOV.UK. Archived from the original on 24 December 2024. Retrieved 24 December 2024.
  11. ^ Colchester, Max; Landers, Peter (30 March 2023). "U.K. Joins Trans-Pacific Partnership as It Seeks to Diversify International Commerce". The Wall Street Journal. London; Tokyo. Archived from the original on 31 March 2023. Retrieved 19 May 2024.
  12. ^ Diplomat Magazine (1 December 2014). "Vietnam". Diplomat Magazine. Archived from the original on 29 April 2017. Retrieved 2 April 2025.
  13. ^ "British Embassy Hanoi". GOV.UK. Archived from the original on 10 March 2016. Retrieved 30 December 2015.
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