Tags Korean Minister of Trade Viet Nam, RoK ink action plan to lift bilateral trade to US$100 billion by 2020 Friday, Dec 07, 2018 Viet Nam, RoK signed a memorandum of understanding (MoU) in Seoul on Thursday on an action plan to reach US$100 billion in bilateral trade by 2020. VN, South Korea move towards free trade pact Thursday, Aug 14, 2014 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.