Participants at the talks (Photo: VNA) Hai, who is making an official visit to the RoK, noted that the political trust between thetwo countries has been continuously strengthened, and they have maintained a regularexchange of delegations at all levels.
The most recent visit to Vietnam by Speakerof the National Assembly (NA) of the RoK Kim Jin-pyo in January opened practicaland effective activities between the two nations in 2023, he stressed.
The NA Vice Chairman said the two sides need to workclosely to effectively implement the Vietnam - Korea Free Trade Agreement(VKFTA) and the RegionalComprehensive Economic Partnership (RCEP) agreement. The goal is to lift two-waytrade to 100 billion USD this year and 150 billion USD by 2030 in a sustainableand balanced direction.
Participants takes a group (Photo: VNA)
Vietnam welcomes Korean businesses to expandtheir investment in Vietnam, especially in priority fields such as high technology, innovation, green economy, digital transformation,clean energy, and development of smart and ecological cities and green industrial parks.
Vietnam hopes that RoK firmswill boost connection with and support Vietnamese businesses in joining supplyand production chains, contributing to turning Vietnam into a centre inregional and global value chains, and helping Vietnam build an independent andself-reliant economy, the Vietnamese legislator said.
He suggested the RoK continue providing official development aid(ODA) for Vietnam, including increasing preferential loans for Vietnam from its Economic Development Co-operation Fund (EDCF). Vietnam is also looking to promotingnew forms of labour cooperation, and hopes that the RoK will expand professions and fields for receivingVietnamese labourers, he said, urging the two sides to early implement the social insurance agreement between the two nations to ensure the rights ofworkers in each country.
Relations between localities of the two countries should also be promoted inthe coming time through investment, trade, culture and tourism promotionactivities, Hai added.
Vietnam is willing to work with the Rok tostrengthen cooperation in international and regional issues of mutual concern,Hai stressed. He said Vietnam will coordinate closely with the RoK tosuccessfully fulfill its role as the coordinator for the ASEAN-RoK relations inthe 2021-2024 tenure.
Vietnam is always interested and ready tomake active contributions to the process of denuclearization of the KoreanPeninsula, and supports efforts to maintain peace in Northeast Asia throughdialogue, he said, adding that the Southeast Asian nation also supports theRoK to host the World Expo 2030 in Busan.
For his part, the guest spotlighted thesignificance of the exchange of high-level delegations between the twocountries, including their legislative delegations, in promoting the bilateralcooperation.
The most recent visit to Vietnam by Speakerof the National Assembly (NA) of the RoK Kim Jin-pyo in January opened practicaland effective activities between the two nations in 2023, he stressed.
The NA Vice Chairman said the two sides need to workclosely to effectively implement the Vietnam - Korea Free Trade Agreement(VKFTA) and the RegionalComprehensive Economic Partnership (RCEP) agreement. The goal is to lift two-waytrade to 100 billion USD this year and 150 billion USD by 2030 in a sustainableand balanced direction.
Participants takes a group (Photo: VNA)Vietnam welcomes Korean businesses to expandtheir investment in Vietnam, especially in priority fields such as high technology, innovation, green economy, digital transformation,clean energy, and development of smart and ecological cities and green industrial parks.
Vietnam hopes that RoK firmswill boost connection with and support Vietnamese businesses in joining supplyand production chains, contributing to turning Vietnam into a centre inregional and global value chains, and helping Vietnam build an independent andself-reliant economy, the Vietnamese legislator said.
He suggested the RoK continue providing official development aid(ODA) for Vietnam, including increasing preferential loans for Vietnam from its Economic Development Co-operation Fund (EDCF). Vietnam is also looking to promotingnew forms of labour cooperation, and hopes that the RoK will expand professions and fields for receivingVietnamese labourers, he said, urging the two sides to early implement the social insurance agreement between the two nations to ensure the rights ofworkers in each country.
Relations between localities of the two countries should also be promoted inthe coming time through investment, trade, culture and tourism promotionactivities, Hai added.
Vietnam is willing to work with the Rok tostrengthen cooperation in international and regional issues of mutual concern,Hai stressed. He said Vietnam will coordinate closely with the RoK tosuccessfully fulfill its role as the coordinator for the ASEAN-RoK relations inthe 2021-2024 tenure.
Vietnam is always interested and ready tomake active contributions to the process of denuclearization of the KoreanPeninsula, and supports efforts to maintain peace in Northeast Asia throughdialogue, he said, adding that the Southeast Asian nation also supports theRoK to host the World Expo 2030 in Busan.
For his part, the guest spotlighted thesignificance of the exchange of high-level delegations between the twocountries, including their legislative delegations, in promoting the bilateralcooperation.
Chung Woo-taik underlined the important role of the NAs of the two countries in promoting bilateral exchange and cooperation. He expressed his hope that the two sides will share experience in law-making and the procedures for drafting and issuing legal documents while stepping up bilateral cooperation in potential fields,and in solving arising problems in citizen protection and supporting businesses.
He thanked Vietnam for helping the RoK to overcome the crisis of ureasupply in 2022, and suggested Vietnam back the RoK to host the World Expo 2030 inBusan.
A day earlier, on March 19, the Vietnamese delegation had a meeting with representativesof the Korea-VietnamEconomic and Cultural Association (KOVECA), during which the association's Chairman Kim Kil-soo said KOVECA will continueits objective of promoting economic, cultural, and social service exchangebased on a common understanding of the culture and history of both countries./.
He thanked Vietnam for helping the RoK to overcome the crisis of ureasupply in 2022, and suggested Vietnam back the RoK to host the World Expo 2030 inBusan.
A day earlier, on March 19, the Vietnamese delegation had a meeting with representativesof the Korea-VietnamEconomic and Cultural Association (KOVECA), during which the association's Chairman Kim Kil-soo said KOVECA will continueits objective of promoting economic, cultural, and social service exchangebased on a common understanding of the culture and history of both countries./.
VNA
