Vietnam, Korea sign VKFTA, plan to triple trade turnover

Vietnam PM Nguyen Tan Dung witnessed the signing of a free trade agreement (FTA) between Viet Nam and the Republic of Korea (RoK) by Vietnamese Minister of Industry and Trade Vu Huy Hoang and RoK Minister of Trade, Industry and Energy Yoon Sang-jick in Ha Noi on May 5.

The Vietnam – Korea Free Trade Agreement (VKFTA) was signed on May 5, after two years of negotiation. It has widened the door for both countries to become each other’s major trade partner.

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