VOV.VN - Vietnam and the Republic of Korea (RoK) have made efforts to intensify trade promotion activities as a contribution to bringing the two-way trade turnover up to US$100 billion this year.

In the recent three years after the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect, trade revenue between Vietnam and other member countries has seen two-digit growth every year, said Director of the Multilateral Trade Policy Department under the Ministry of Industry and Trade (MoIT) Luong Hoang Thai.

VOV.VN - Vietnam is set to fetch US$732 billion in foreign trade this year, representing an annual rise of 10%, said the Ministry of Trade and Industry at a year-end meeting in Hanoi on December 26.

The trade turnover between Vietnam and the European Union (EU) reached US$52.5 billion in the first ten months of this year, up 14% over the same period last year, according to the Ministry of Industry and Trade (MoIT).

The Ministry of Industry and Trade (MoIT) recently sent a delegation of 20 Vietnamese businesses to South Africa to scope out the market.

Despite growing uncertainties in the global economy, China-Vietnam economic and trade cooperation has continued to develop and achieved positive results, General Secretary of the China Chamber of International Commerce's Yunnan branch Mu Jiansheng has said.

VOV.VN - Trade revenue between Vietnam and Laos during the first nine months of the year reached US$1.22 billion, a year-on-year rise 29%, according to the Vietnamese Trade Office in Laos.

VOV.VN - Two-way trade turnover between the nation and Laos during the opening eight months of the year surged by 27% to reach US$1.076 billion compared to the same period from last year.

The Republic of Korea (RoK) is one of the largest investors in Vietnam.

VOV.VN - The nation is currently the Republic of Korea (RoK)’s third largest trading partner, while the RoK has developed into the largest direct investor in country.