Seoul (VNA) – Minister of Labour, Invalids andSocial Affairs of Vietnam Dao Ngoc Dung and Minister of Health and Welfare ofthe Republic of Korea (RoK) Kwon Deok-cheol on December 14 inked an agreementon social insurance between the two governments.
The signing ceremony was witnessed by Chairman of the VietnameseNational Assembly Vuong Dinh Hue, who is on an official visit to the RoK.
This is Vietnam’s first comprehensive bilateral agreement onsocial securities. The countries began negotiation from 2015 and reachedconsensus on numerous major contents.
Under the pact, insurance scheme will be introduced to coverVietnamese labourers working in the RoK and vice versa.
The agreement is hoped to bolster the Vietnam-RoK partnership,amid the increasing number of Vietnamese labourers working in the RoK and viceversa, as well as pave the way for Vietnam to reach bilateral deal on socialsecurities with the country’s other labour export markets./.