Knowledge · Vietnam FTAs · ASEAN agreement
AKFTA ASEAN–Korea Free Trade Area
The ASEAN–Korea Free Trade Area cut duties between Korea and ASEAN from 2007. For Vietnam it has largely been overtaken by the deeper bilateral VKFTA, but it remains useful for some products.
- Type
- ASEAN agreement
- Signed
- 24 Aug 2006
- In force for Vietnam
- 1 Jun 2007
- Partner markets
- 1
- Proof of origin
- Form AK
Overview
What it changes for buyers
- 01
Korea eliminated duties on about 90% of tariff lines for ASEAN goods
- 02
Allows cumulation with inputs from all ASEAN members
- 03
Sometimes gives a better rate than VKFTA on specific lines; compare both
Partner markets
Markets covered by AKFTA
Open a country for its ports, airports and every agreement that applies.
Rules of origin
How goods qualify
Regional value content of at least 40%, or a change of tariff heading.
Proof of originForm AK
Product groups that gain most
- Electronics components
- Garments
- Wood products
- Processed food
Sourcing tip
Ask your customs broker to compare AKFTA, VKFTA and RCEP rates line by line. Exporters can issue Form AK or Form VK for the same goods, depending on which gives the lower rate.
Other agreements with these markets
Status as of October 2026, based on the WTO Center of VCCI and official partner announcements. Tariff commitments and origin rules vary by product: check the legal text or ask us before you rely on a preferential rate.
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Source from Vietnam under AKFTA
Tell us the product and the destination. We check the origin rule and the preferential duty under AKFTA and quote accordingly.
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