Vietnam, Britain say conclude free trade agreement negotiations

Britain and Vietnam said on Friday that they had concluded talks to negotiate a new free trade agreement, just weeks before Britain completes its transition out of the European Union on Dec. 31.

"99% of tariffs between the two countries will be eliminated by the time of full implementation," the British Embassy in Hanoi said in a statement.

It was not immediately clear when the final deal, which will for Britain replace the EU-Vietnam Free Trade Agreement (EVFTA), would be signed.