Seminar promotes trade, investment with RoK market
VOV.VN- The Vietnam Trade Promotion Agency under the Ministry of Industry and Trade, in coordination with the Korea Trade-Investment Promotion Agency (KOTRA), will organise an online seminar on trade and investment promotion with the market of the Republic of Korea (RoK) on May 13.
The event is designed to provide market information, policy updates, expand cooperation opportunities for enterprises, and strengthen business linkages between the two countries in industry, manufacturing and supply chains.
This is one of the major markets for Vietnamese goods, with high quality requirements and consumer trends evolving towards sustainability and stricter standards.
At the seminar, experts and relevant agencies will analyse consumer trends, distribution systems, as well as regulations related to quality standards, food safety, traceability and technical requirements for goods imported into the RoK. Meeting these requirements will help Vietnamese businesses improve market access.
A key focus of the programme is to support businesses in understanding and making use of preferential commitments under free trade agreements between Vietnam and the RoK, including the Vietnam–Korea Free Trade Agreement (VKFTA), the ASEAN-Korea Free Trade Agreement (AKFTA) and the Regional Comprehensive Economic Partnership (RCEP).
Updating rules of origin, technical standards and conditions for preferential tariffs will enable businesses to develop appropriate export strategies, enhance competitiveness and optimise costs when entering this Northeast Asian market.
The RoK is currently one of Vietnam’s major trading partners, after China and the United States, while Vietnam is the Northeast Asian nation’s largest trading partner in ASEAN.
In 2025, total bilateral trade turnover reached approximately US$90 billion. The two countries aim to raise this figure to US$150 billion by 2030.
In the first quarter of 2026, bilateral trade stood at nearly US$27 billion. Vietnam’s exports to the RoK amounted to US$8.13 billion, up 19.4%, up US$1.32 billion year-on-year, while imports hit US$18.73 billion, up 34.5%, an increase of US$4.8 billion.
Vietnam posted a trade deficit of US$10.6 billion with the RoK during the reviewed period.
Market access granted for processed chicken in Vietnam–RoK deal
VOV.VN - Vietnam and the Republic of Korea (RoK) have agreed to open their markets to processed chicken products following the signing of a memorandum of understanding (MoU) on veterinary cooperation and animal quarantine.
