Vietnam – South Korea to sign FTA at end of 2014

In the latest conference held in South Korea with Central Economic Commission of Vietnam, Mr. Yoon Sang Jik, Minister of Trade and Commerce, Industry and Energy of South Korea, announced to finish negotiating and to sign Free Trade Agreement (FTA) with Vietnam at the end of year.

Mr. Yoon Sang Jik said that recently, Vietnam is the most attractive market for South Korean enterprises to invest. In the future, when FTA is signed, a mass of Korean enterprises will invest in Vietnam. Small and medium Korean enterprises are planning to find out about Vietnam market’s potentiality.

Besides sections which South Korea's enterprises have invested in Vietnam, Korean corporations and companies expect to speed up cooperating in fields such as agriculture, forestry and aquiculture.

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