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FREE TRADE AGREEMENT BETWEEN VIETNAM AND UK (UKVFTA)

In the UKVFTA, Vietnam commits to opening its public procurement market to the UK, allowing UK suppliers access to procurement at the highest level and in Vietnam’s two largest cities, Hanoi and Ho Chi Minh city.

UK suppliers are covered by the UKVFTA’s rules when bidding for tenders above the threshold values laid out in the agreement, and where those tenders are advertised by covered procuring entities. The UKVFTA will gradually increase access to Vietnam’s procurement market for UK suppliers. Vietnam commits to allowing UK suppliers a wide range of goods procurements (with exceptions for sensitive goods) and a selection of services procurements, including accounting, market research, and taxation services.