Head of the Party Central Committee’s Economic Commission Nguyen Van Binh (R) and KOICA President Lee Mi-kyung. (Photo:VNA)Hanoi (VNA) – Head of the Party Central Committee’s EconomicCommission Nguyen Van Binh has proposed the Government of the Republic of Korea(RoK), including the Korean International Cooperation Agency (KOICA), to expandcooperation with Vietnam in various fields.
Binh made the suggestion while holding a reception for KOICA President Lee Mi-kyungin Hanoi on January 16.
Lauding the effective bilateral collaboration which has made significantcontributions to Vietnam-RoK relations, Binh hoped that the RoK side will joinhands with Vietnam to carry out vocational training projects, improvemanagement capacity for Vietnamese officials and share experience with thecountry in developing financial and capital markets as well as tax, fiscal,industry and specialised economic zone development policies.
He expressed his wish that the KOICA will have programmes to exchange expertsin state budget management and sustainable energy development.
According to the official, since theestablishment of diplomatic relations 25 years ago, Vietnam and the RoK haveenjoyed robust cooperation in various spheres, especially in economy. The RoKis one of the most important economic partners of Vietnam and the largestforeign investor in the nation.
The Vietnam-RoK free trade agreement, which took effect on December 20, 2015,has created a new momentum for the two countries to achieve the target of 100billion USD in two-way trade by 2020.
Lee, for her part, noted the RoK Government and the KOICA always prioritisecooperation with Vietnam, saying that the Southeast Asian country haseffectively used official development assistance (ODA) provided by the RoK inthe past years.
She affirmed that the KOICA will continue its support for Vietnam’ssocio-economic development and bolster the sound bilateral cooperative tiesbetween the RoK and Vietnam.-VNA
VNA
