Related Keywords: easier for local companies to do business, FTA between S Korea and Vietnam, fuel trade and expand investment opportunity, go effective from next week, Southeast Asian country, tariffs would go down at start of every new year, two trading partners can benefit from more tariff cuts, Vietnam third-largest export market for S Korea
South Korea and Vietnam after starting negotiations in September 2012, the two sides formally signed the free trade agreement (FTA) on May 5, with South Korea's National Assembly approving the trade agreement on Nov. 30. The free trade pact between South Korea and Vietnam now will go into effect on Dec. 20, and will help fuel trade and expand investment opportunities, the government said Wednesday.
