Tạ Hoàng Linh, deputy director of the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade, said that South Korea was the third largest trade partner and the fourth biggest export market for Vietnam.
The free trade agreement between Vietnam and the Republic of Korea (VKFTA) took effect at the end of last year, committing to cut more than 90 per cent of tariffs in order to boost opportunities for Vietnamese exports to the country, he said. The free trade agreement would create new export opportunities for more than 500 Vietnamese products, including tropical fruits.
Ra Joohee, from Pulmuone Co., Ltd advised Vietnamese businesses to focus on tropical fruits when exporting to Korea.
“We expect to import more pineapple and mango from Vietnam as these products have higher competitive advantages compared to these of other countries”, she said.
We also wanted to import frozen rambutan, passion fruit and selected dried fruit from Vietnam, she said.
Vietnam needed to diversify its products, as well as paying more attention to a product’s appearance and packaging, she suggested.
