Delegates at the ceremony (Photo:

At the ceremony, Vietnamese Ambassador to the UK Nguyen Hoang Long called on the VBUK to maintain its role as a bridge between the business community in the UK and Vietnam.

According to him, the bilateral trade between Vietnam and the UK has increased about 10 times from 600-700 million USD in 2007 to 6.5 billion USD in 2021, and is expected to reach 10 billion USD thanks to the implementation of the UKVFTA.

This is a great opportunity that Vietnamese businesses in general and Vietnamese businesses in the UK in particular need to take advantage of, Mr. Long emphasized.

According to Mr. Pham Minh Nam, Former Chairman of VBUK, the association successfully connected the business communities of the UK and Vietnam, and assisted many European and UK companies in setting up partnerships with Vietnamese firms.

The VBUK also actively work to help overseas Vietnamese in the UK to keep and develop the traditional culture through various community activities.

Mr. Phuong Hoang, Chairman of VBUK for the 2021-2026 term said that the implementation of UKVFTA with preferential tariffs has opened up great opportunities for Vietnamese businesses in the two countries to promote trade, increase import-export activities and investment./.