The festival, to be jointly held by the Department of Foreign Affairsand other relevant departments, agencies and the RoK Consulate General in DaNang, is expected to promote and deepen the friendship between the Vietnamese cityand Korean localities.
It will include traditional art performances staged byKorean artists, 60 booths introducing the culture, products,cuisines and folk games of both countries, a culinary contest and a filmscreening.
The Vietnam-RoK relationship was upgraded to acomprehensive strategic partnership in 2022. The RoK now ranks first in termsof foreign direct investment (FDI) in Vietnam with 9,500 projects and combined registered capital off morethan 80 billion USD.
The two countries are striving to raise their bilateraltrade revenue to 100 billion USD this year, and 150 billion USD by 2030.
The RoK is also the second biggest source of tourists toVietnam. Other fields like culture and sports have also contributed to bringingpeople of the two countries closer.
Particularly, Da Nang has set up friendship andofficial cooperation with five Korean localities, namely Changwon (in 1997),Daegu (in 2004), Hwaseong (in 2008), Seoul (in 2016) and Jeju (in 2023), coveringthe areas of tourism, training, cultural exchange and experience sharing ingreen transport and smart city building.
As of the second quarter of this year, Da Nangattracted 268 Korean projects valued at 362 million USD.
The city welcomed more than 1.8 million visitors fromthe RoK in 2019 before the COVID-19 pandemic broke out./.