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Knowledge · Vietnam FTAs · Bilateral

VKFTA Vietnam–Korea Free Trade Agreement

The Vietnam–Korea FTA deepens the commitments of AKFTA. Korea is one of the largest investors in Vietnam, and VKFTA underpins much of the electronics and garment trade between the two.

Source from Vietnam under VKFTA All Vietnam FTAs
Type
Bilateral
Signed
5 May 2015
In force for Vietnam
20 Dec 2015
Partner markets
1
Proof of origin
Form VK

Overview

What it changes for buyers

  • 01

    Korea removed duties on about 95% of tariff lines for Vietnamese goods

  • 02

    Opened sensitive lines that AKFTA kept closed, such as shrimp, crab and some fruit

  • 03

    Works alongside AKFTA and RCEP: three routes into Korea

Partner markets

Markets covered by VKFTA

Open a country for its ports, airports and every agreement that applies.

FijiTanzaniaCanadaUnited StatesKazakhstanUzbekistanPapua New GuineaIndonesiaArgentinaChileDR CongoSomaliaKenyaChadHaitiDominican RepublicRussiaBahamasNorwayTimor-LesteSouth AfricaLesothoMexicoUruguayBrazilBoliviaPeruColombiaPanamaCosta RicaNicaraguaHondurasEl SalvadorGuatemalaBelizeVenezuelaGuyanaSurinameFranceEcuadorJamaicaCubaZimbabweBotswanaNamibiaSenegalMaliMauritaniaBeninNigerNigeriaCameroonTogoGhanaIvory CoastGuineaGuinea-BissauLiberiaSierra LeoneBurkina FasoCentral African RepublicCongoGabonEquatorial GuineaZambiaMalawiMozambiqueEswatiniAngolaBurundiIsraelLebanonMadagascarGambiaTunisiaAlgeriaJordanUnited Arab EmiratesQatarKuwaitIraqOmanVanuatuCambodiaThailandLaosMyanmarVietnamSouth KoreaMongoliaIndiaBangladeshBhutanNepalPakistanAfghanistanTajikistanKyrgyzstanTurkmenistanSyriaArmeniaSwedenBelarusUkrainePolandAustriaHungaryMoldovaRomaniaLithuaniaLatviaEstoniaGermanyBulgariaGreeceTürkiyeAlbaniaCroatiaSwitzerlandLuxembourgBelgiumNetherlandsPortugalSpainIrelandSolomon IslandsNew ZealandAustraliaSri LankaChinaItalyDenmarkUnited KingdomIcelandAzerbaijanGeorgiaPhilippinesMalaysiaBruneiSloveniaFinlandSlovakiaCzechiaEritreaJapanParaguayYemenSaudi ArabiaCyprusMoroccoEgyptEthiopiaDjiboutiUgandaRwandaBosnia and HerzegovinaNorth MacedoniaSerbiaMontenegroTrinidad and TobagoAndorraAntigua and BarbudaBahrainBarbadosComorosCape VerdeDominicaMicronesiaGrenadaKiribatiSaint Kitts and NevisSaint LuciaLiechtensteinMonacoMaldivesMarshall IslandsMaltaMauritiusNauruPalauSingaporeSan MarinoSão Tomé and PríncipeSeychellesTongaTuvaluSaint Vincent and the GrenadinesSamoa

Rules of origin

How goods qualify

Regional value content of at least 40%, or a change of tariff heading; product-specific rules for garments.

Proof of originForm VK

Product groups that gain most

  • Garments and textiles
  • Seafood
  • Wood and furniture
  • Electronics components

Sourcing tip

Korean buyers increasingly ask for VKFTA origin. Make sure the supplier's bill of materials shows Vietnamese or Korean fabric where the product rule requires it.

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 VKFTA

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