Hanoi, Jan. 19 -- Prime Minister Pham Minh Chinh has issued a new decision assigning lead responsibilities to key ministries to drive the UK - Vietnam Free Trade Agreement (UKVFTA) forward.

The new decision, effective on January 16, replaces the earlier assignment from August 24, 2021.

Accordingly, the Ministry of Industry and Trade (MoIT) is named the lead agency, with overall responsibility for the agreement's general goals and definitions, trade remedies, non-tariff barriers to trade and investment in renewable energy, competition policies, State-owned enterprises, enterprises with special or exclusive rights and those with designated monopolies, as well as institutional, general and final terms.

The Ministry of Finance (MoF) will t...