RoK advocates FTA talks with Vietnam
The Republic of Korea is set to hold ministerial-level talks with
Vietnam soon over a bilateral free trade agreement (FTA), said the RoK
Trade Ministry on July 15.
The Republic of Korea is set to hold ministerial-level talks with
Vietnam soon over a bilateral free trade agreement (FTA), said the RoK
Trade Ministry on July 15.
According to the ministry, the country is making all-out efforts to complete bilateral free trade pacts with a number of ASEAN member countries in a bid to further boost trade volume.
The RoK is also in negotiations with Indonesia over a so-called Comprehensive Economic Partnership Agreement (CEPA), which is equivalent to a free trade agreement.
Last week, the two countries held their first round of free trade talks in Jakarta , the ministry added.
"If bilateral free trade pacts with Vietnam and Indonesia are sealed, exports to both nations will increase," said an official at the ministry.
The RoK has a FTA with the 10-member ASEAN that includes Indonesia and Vietnam .
But the country has also been seeking bilateral pacts with some ASEAN members to further boost trade with the region.-VNA
According to the ministry, the country is making all-out efforts to complete bilateral free trade pacts with a number of ASEAN member countries in a bid to further boost trade volume.
The RoK is also in negotiations with Indonesia over a so-called Comprehensive Economic Partnership Agreement (CEPA), which is equivalent to a free trade agreement.
Last week, the two countries held their first round of free trade talks in Jakarta , the ministry added.
"If bilateral free trade pacts with Vietnam and Indonesia are sealed, exports to both nations will increase," said an official at the ministry.
The RoK has a FTA with the 10-member ASEAN that includes Indonesia and Vietnam .
But the country has also been seeking bilateral pacts with some ASEAN members to further boost trade with the region.-VNA
You should also see
PM raises proposals for ASEAN to become global digital transformation model
Prime Minister Pham Minh Chinh on April 23 proposed breakthrough orientations to make ASEAN a model in digital transformation globally, while co-chairing a business roundtable with his Lao counterpart Sonexay Siphandone in Hanoi.
See more
Business
French auction house to open office in Vietnam
France’s Millon Auction House has decided to open its representative office in Vietnam, and is preparing necessary steps for the official opening of the office in the near future.
Business
3,400 taels of SJC-branded gold bars successfully auctioned
The State Bank of Vietnam auctioned 16,800 taels of SJC-branded gold bars in Hanoi on April 23. This is the first auction of this kind in 11 years.
Business
HCM City seeks to draw remittances in infrastructure
A seminar aimed at channeling overseas remittances into infrastructure took place in Ho Chi Minh City on April 23, given that remittances to the city reached 9.46 billion USD in 2023, nearly three times higher than foreign direct investment (FDI), according to official statistics.
Sci-Tech
FPT, NVIDIA ink MoU to build 200 million USD AI factory
Vietnam’s tech giant FPT plans to build a 200 million USD artificial intelligence (AI) factory using Nvidia's graphics chips and software, as announced on April 23 in a comprehensive strategic partnership with NVIDIA.
Business
Lao Cai province calls for more Japanese investments
The advantages and potential of Vietnam’s northern border province of Lao Cai were introduced to Japanese firms at an investment and tourism promotion conference in Tokyo on April 23.
