Viet Nam’s trade with Republic of Korea (RoK) increased 7 per cent in the first 11 months of this year, making the country the RoK’s fourth largest trading partner after China, the United States and Japan.
Enterprises from Viet Nam and South Korea are encouraged to tap unexploited potential to foster co-operation based on common interests and individual strengths of each country in the face of opportunities and challenges arising from the 4th Industrial Revolution.
The Republic of Korea will accelerate negotiations over a free-trade
agreement (FTA) with Viet Nam, in an effort to sign the trade pact later
this year.