Vietnam–Korea Free Trade Agreement (VKFTA)

Key features

• Elimination or reduction of import duties on most goods, phased in according to each party’s tariff schedule.
• Commitments on trade in services.
• Investment liberalisation and/or protection rules.

What it means for Vietnamese businesses

VKFTA (Form VK) opened the Korean market further for Vietnamese seafood, fruit and garments. Compare it with AKFTA and RCEP for each HS code.

Proof of origin

Usual proof of origin for goods traded with Vietnam: VK. Check the current MOIT guidance and the agreement’s product-specific rules.

Related guides

• Certificate of Origin (C/O) in Vietnam: Forms, Rules of Origin and Filing
• HS Code Classification: How to Classify Goods Correctly for Vietnam Customs
• Customs Clearance in Vietnam: A Step-by-Step Guide for Importers and Exporters

Member countries

• 🇰🇷South Korea
• 🇻🇳Vietnam