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Substantial potential persists for trade and technology collaboration between Vietnam and the UK.

In the previous year, Vietnam ranked as the third-largest trade partner for the UK within Europe, whilst simultaneously moving up to the 35th largest global trading partner for the UK, an improvement from its 41st position in 2023.

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In 2021, Vietnam ranked as the third-largest trading partner for the UK within Europe, whereas the...
In 2021, Vietnam ranked as the third-largest trading partner for the UK within Europe, whereas the UK moved up to 35th position on Vietnam's global trading partners list, climbing from the 41st spot in 2023.

A Fresh Take on UK-Vietnam Partnership Opportunities in Tech Sectors

Substantial potential persists for trade and technology collaboration between Vietnam and the UK.

London-Gathering Sparks Ideas for Digital, Green, and Emerging Tech Collaboration

London played host to an engaging discussion this week, jointly organized by the Vietnamese and British Embassies, focusing on untapped potential in digital trade, services, green technology, fintech, AI, semiconductors, quantum technology, and other emerging sectors.

With ambitions to boost bilateral ties, the workshop emphasized several promising areas where the UK and Việt Nam can collaborate to strengthen their partnership. Here's a peek into some of these exciting opportunities.

Digital Trade and Services- Policy Alignment: Both countries, actively engaged in digital trade, could capitalize on shared global standards to promote digital growth for small and medium-sized businesses.- Regulatory Collaboration: The UK's expertise in fintech, e-commerce, and digital public services can aid Vietnam in modernizing its digital service frameworks.

Green Technology- Sustainable Trade: The UK-Vietnam partnership in the CPTPP provides an opportunity to focus on projects in renewable energy, energy efficiency, and decarbonization, fostering greener economies.- Renewable Energy and Decarbonization: Together, they can work towards joint projects that align with global climate commitments while stimulating sustainable growth.

Fintech, Artificial Intelligence, and Quantum Technology- Fintech Collaboration: The UK's innovative fintech sector can support Vietnam's digital payment and banking transformation, paving the way for fintech innovation.- AI and Quantum: The UK's leadership in AI research and quantum technology development could lead to research partnerships, skills development, and pilot projects in AI governance, quantum computing applications, and cybersecurity.

Semiconductors- Supply Chain Integration: As global semiconductor shortages continue, collaboration on supply chain resilience, investment in semiconductor manufacturing, and workforce training could bridge the gap.- Joint R&D: Collaborative research projects in chip design, materials science, and manufacturing process innovation could drive mutual growth.

The UK-Việt Nam Free Trade Agreement (UKVFTA) and Vietnam's membership in the CPTPP are powerful tools for expanding bilateral trade by lowering barriers and improving market access, particularly in finance, consulting, and education.

The workshop is a testament to the continuous efforts of both nations to cultivate a fruitful relationship and collaborate on various domains for mutual benefit.

our websiteese Ambassador to the UK Đỗ Minh Hùng (centre) delivers the opening remarks at the the workshop in London this week. - VNA/VNS Photo

While the specific outcomes from this particular gathering may not be reported, the identified areas represent the most likely areas for collaboration based on shared priorities and recent initiatives. So stay tuned for groundbreaking advancements as the UK and Việt Nam join forces to shape a brighter, more interconnected digital future!

[1] Vietnam-Asia DX Summit 2025: [Link][2] Digital Toolkit for SMEs by Vietnam: [Link][4] CPTPP Focus Areas: [Link][5] Recent UK Trade Deals: [Link]

  1. The UK and Vietnam, both active in digital trade, are considering policy alignment to promote digital growth for small and medium-sized businesses.
  2. The UK's expertise in fintech, e-commerce, and digital public services could aid Vietnam in modernizing its digital service frameworks.
  3. The UK-Vietnam partnership in the CPTPP offers an opportunity to focus on projects in renewable energy, energy efficiency, and decarbonization, fostering greener economies.
  4. Collaborative research projects in chip design, materials science, and manufacturing process innovation could drive mutual growth in semiconductors.
  5. The UK's leadership in AI research and quantum technology development could lead to research partnerships, skills development, and pilot projects in AI governance, quantum computing applications, and cybersecurity.
  6. The identified areas for collaboration between the UK and Vietnam, such as digital trade, green technology, fintech, and AI, represent the most likely domains for mutual benefit and a brighter, more interconnected digital future.

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