Vietnam and the Republic of Korea (RoK) have agreed to boost cooperation in trade, industry and energy to support businesses amid global economic uncertainties.

VOV.VN - Vietnamese tuna exports to the Republic of Korea (RoK) during the first half of the year reached US$14 million, representing a 2.4–fold rise from the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

The Ministry of Industry and Trade (MoIT) will continue to focus on and tie into solutions to develop foreign exports, in which Northeast Asia and its prime markets, is one of the focal points.

Vietnam’s agro-forestry-fishery exports to the Republic of Korea (RoK) have surged thanks to the bilateral Free Trade Agreement (VKFTA), topping US$2 billion annually during 2016 - 2023, and the Northeast Asian country is forecast to remain an attractive market in the coming time.

VOV.VN - The Vietnam Association of Seafood Exporters and Producers (VASEP) has proposed eliminating quotas on shrimp exports to the Republic of Korea within the framework of the Vietnam-Korea Free Trade Agreement (VKFTA) during the review period in 2024.

VOV.VN - Trade exchange and trade promotion activities have been enhanced by Vietnamese and Korean businesses this year with a view to elevating two-way trade turnover to US$100 billion moving forward.

VOV.VN - The National Office of Intellectual Property of Vietnam and the Korean Intellectual Property Office (KIPO) signed a Memorandum of Understanding (MoU) on June 22 in Hanoi regarding future co-operation in intellectual property.

VOV.VN - East year sees the Republic of Korea (RoK) import over 100,000 tonnes of shrimp worth between US$800 million and USS$1 billion, with Vietnamese shrimp products always accounting for the highest market share at over 50%.

Since the Republic of Korea (RoK) started to invest in Vietnam in the 1990s, especially since the two countries set up their bilateral diplomatic relations in 2009, the country has become an important investor of Vietnam with capital rising year after year.

VOV.VN - Minister of Foreign Affairs Bui Thanh Son and his counterpart from the Republic of Korea (RoK) Park Jin agreed to take a score of measures for further strengthening of bilateral cooperation during their talks in Hanoi on October 18.