đăng nhập fun88平台KVFTA impact- imports from South Korea up

KVFTA impact: imports from South Korea up

Inside South Korean supermarket Emart in Hà Nội. Imports from South Korea have grown since the signing of a bilateral free trade agreement by the two countries, a new report says. — Photo nld.com.vn

HÀ NỘI — South Korean exports to Việt Nam has increased by  一 一. 八 per cent year-on-year as of October, according to the Korea Trade Promotion Corporation (KOTRA).

In a report released on December  一 九, KOTRA attributed the increase to the Việt Nam - Korea Free Trade Agreement (KVFTA), noting that it happened at a time when global trade has been sluggish.

This rise in Vietnamese imports from Korea is also very encouraging in the context of a  二. 二-per-cent increase in overall import increase for Việt Nam during the same period, the KOTRA report said.

From January to October  二0 一 六, exports of household goods from South Korea to Việt Nam increased strongly by  一 四. 二 per cent, especially in washing machines, on which a  五-per-cent tax was cut in accordance with the KVFTA.

The report also cited a survey as finding up to  四 二 per cent out of  六0 South Korean respondent exporters had reported an increase in trade with Việt Nam after the implementation of the KVFTA, and  六 三 per cent expected to have the same results in  二0 一 七. — VNS