Viet Nam - UK Free Trade Agreement (UKVFTA)

Viet Nam - UK Free Trade Agreement, which entered into force in 2021, provides for preferential border tariffs, notably for:  

• Mineral fuel and oils
• Iron-steel
• Nickel
• Copper
• Aluminium
• Zinc
• Tin
• Rare earth metals
• Nuclear reactors

Rules of origin delineated in the Agreement state that in order to benefit from preferential tariff treatment, products should  be wholly produced or have undergone a significant production process in the Parties territories,  or incorporate non-originating materials which value does not exceed 40% - 70% of the product exworks price. 

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