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KVFTA has Korean firms targeting fresh sectors

The Korea-Vietnam Free Trade Agreement has been the key driver in Korea’s soaring exports and investment into Vietnam, especially in the foodstuffs and consumer foods sector.

The Korea-Vietnam Free Trade Agreement has been the key driver in Korea’s soaring exports and investment into Vietnam, especially in the foodstuffs and consumer foods sector.

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S.Korea firms say customs rules still bothersome

South Korean business executives in a dialogue on June 13 with the HCMC Customs Department complained the prevailing customs regulations are difficult to comply with and requested such rules be further streamlined.

South Korean business executives in a dialogue on June 13 with the HCMC Customs Department complained the prevailing customs regulations are difficult to comply with and requested such rules be further streamlined.

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FTA with Vietnam to boost exports on tariff removals

The three-year-old free trade agreement with Vietnam will allow South Korean companies to further increase their auto, steel and petrochemical exports on tax removal or cuts, customs experts said Thursday.

The three-year-old free trade agreement with Vietnam will allow South Korean companies to further increase their auto, steel and petrochemical exports on tax removal or cuts, customs experts said Thursday.

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Việt Nam willing to foster bilateral trade with RoK: PM says

Việt Nam is ready to work with the Republic of Korea (RoK) to effectively implement the bilateral free trade agreement (FTA), boosting their trade to US$70 billion, perhaps even $100 billion, by 2020.

Việt Nam is ready to work with the Republic of Korea (RoK) to effectively implement the bilateral free trade agreement (FTA), boosting their trade to US$70 billion, perhaps even $100 billion, by 2020.

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Rules of origin and non-tariff measures in EVFTA and VKFTA: Matters of interest for businesses

Rules of origin and non-tariff measures in EVFTA and VKFTA: Matters of interest for businesses

In terms of customs and trade facilitation, commitments on customs procedures and cooperation and legal provisions will be a bridge for customs authorities to access new standards and use modern methods for more efficient and proactive customs management. However, to take advantage of these opportunities, in the coming, Vietnam should continue to improve capacity of customs officials, develop a fine information and risk management system and innovate management methods. Import and export tax revenues will be greatly affected by these commitments.

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Korea-Vietnam FTA support center opened

HCMC – A Vietnam-Korea FTA Support Center was inaugurated in HCMC last Friday (4th March 16) as one of two such facilities in Vietnam the Korean government had decided to form under the Korea Trade-Investment Promotion Agency (KOTRA).

HCMC – A Vietnam-Korea FTA Support Center was inaugurated in HCMC last Friday (4th March 16) as one of two such facilities in Vietnam the Korean government had decided to form under the Korea Trade-Investment Promotion Agency (KOTRA).

The establishment of one center in HCMC and another in Hanoi aims to help Korean and Vietnamese investors benefit from the Free Trade Agreement (FTA) between the two nations.

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South Korea plans to boost food exports to VN

Viet Nam and South Korea signed a free trade agree-ment (FTA) in May and it will take effect next year. Trade between the two countries, including in food products, is expected to soar.

VNS - Viet Nam and South Korea signed a free trade agree-ment (FTA) in May and it will take effect next year. Trade between the two countries, including in food products, is expected to soar.

Viet Nam News reporter Yen Vy spoke with Yoo Chung-sik, an executive at the Korea Agro-Fisheries & Food Trade Corporation, about this at the 2015 K-Food Fair held recently in Ha Noi.

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