The event was held by the Vietnamese Ministry of Industry and Trade, in collaboration with the Republic of Korea (RoK)’s Ministry of Trade, Industry and Energy and the Korea Trade-Investment Promotion Agency (KOTRA),

Minister of Industry and Trade Nguyen Hong Dien at the seminar.

Speaking at the seminar, Dien said that since the establishment of their diplomatic ties in 1992, Vietnam and the RoK have enjoyed the best-ever development stage of their relations. The RoK is Vietnam’s third biggest trade partner and largest investor with over 9.000 projects.

He affirmed that Korean groups and businesses have made important contributions to boosting export growth and trade surplus of Vietnam in the past years.

He called on them to pour more capital to fully tap Vietnam’s 100-million-strong market and gradually access the ASEAN market of 600 million as well as other markets which have signed free trade agreements (FTAs) with Vietnam.

Chang Sang Hyun from KOTRA said that Vietnam is one of the important destinations of Korean investors.

An increase of Korean investment in Vietnam amidst the complicated developments of the Covid-19 pandemic has shown their trust in the country’s business and investment environment, he stressed.

At the event, RoK enterprises proposed the Vietnamese Government and Ministry of Industry and Trade help untie difficulties in entry and ground clearance, and create more favourable conditions for them, especially in the fields of energy, chemicals and textile and dyeing.

They expressed their confidence in Vietnam’s potential and development, hoping to expand their investment in the time to come.

Meanwhile, Vietnamese firms showed their hope to strengthen cooperation with Korean partners in clean energy, recycling materials and chemicals, and get engaged in their production chains in the field of support industries.

Concluding the seminar, Minister Dien affirmed that the Vietnamese Government and the Ministry of Industry and Trade have consistently supported and created favourable conditions for domestic and foreign investors, including those from the RoK, to continue expanding their investment and business activities in Vietnam as well as supporting Vietnamese firms to deepen cooperation with Korean partners.

Provincial Chairman Le Anh Duong attends NA Chairman’s official visits to RoK

(BGO)- At the invitation of the Speaker of the National Assembly of the Republic of Korea (RoK) Park Byeong-seug, Chairman of the National Assembly (NA) Vuong Dinh Hue led a high-ranking delegation of the Vietnamese National Assembly to pay official visits to RoK from 12 September.

Vietnam-RoK strategic cooperative partnership

The official visit by Chairman of the National Assembly Vuong Dinh Hue to the Republic of Korea (RoK) starting December 12 is viewed as an opportunity to lift the countries’ strategic cooperative partnership to a new height, towards bringing two-way trade to 100 billion USD in a balanced, sustainable and effective manner.

Vietnam, RoK top legislators back upgrading bilateral relationship

Vietnamese National Assembly Chairman Vuong Dinh Hue and Speaker of the National Assembly of the Republic of Korea (RoK) Park Byeong-Seug expressed their support for upgrading the relationship between the two countries to a comprehensive strategic partnership during their talks in Seoul on December 13.

Vietnam, RoK eye bringing two-way trade to 100 billion USD

The upcoming official visit by Chairman of the National Assembly Vuong Dinh Hue to the Republic of Korea (RoK) starting December 12 is viewed as an opportunity to lift the countries’ strategic cooperative partnership to a new height, towards bringing two-way trade to 100 billion USD in a balanced, sustainable and effective manner.

Bac Giang provincial leader extends Tet greeting to Embassies of Japan and RoK in Vietnam

(BGO) – On December 7, Vice Secretary of Bac Giang provincial Party Committee, Chairman of the provincial People’s Committee (PPC) Le Anh Duong paid a visit and extended New Year greetings to the Embassies of Japan and Republic of Korea (RoK) in Vietnam.

Source: NDO/VNA