Speaking at the event, Deputy Prime Minister Trinh Dinh Dung stated it is an opportunity for the two nations to exchange visions and chances for collaboration in the new period to deepen their strategic partnership.

Vietnam – RoK economic ties have grown robustly, recording a total of 8.190 investment projects worth 65.7 billion USD.

Deputy Prime Minister Trinh Dinh Dung speaks at the event.

In 2018, the RoK was the third largest trade partner of Vietnam, just after China and the EU. Vietnam exported 18.2 billion USD to while importing 47.5 billion USD worth of products from the RoK.

Vietnam has launched the ‘Made in Vietnam 4.0’ programme, Dung said calling for RoK firms to come to and make fourth-industrial-revolution-related products in the country.

Vietnam wants to strengthen extensive, comprehensive and effective with the RoK based on mutual sharing and support to connect their strengths and potential, the official affirmed, adding that Vietnam encourage investment cooperation in manufacturing, IT, energy, processing and support industries, high-tech agriculture, infrastructure, and smart city development, among others.

He recommended Vietnamese and RoK business communities exchange new ideas and creative solutions to assist their joint startup and collaboration projects.

The Vietnamese Government always creates best conditions possible for RoK investors to operate in Vietnam, particularly in the central region, Dung said.

President of Vietnam Chamber of Commerce and Industry Vu Tien Loc said Vietnam, with stable political environment and good economic growth rate between 6.5 to 7 percent in years, is an attractive destination for foreign investors, including those from the RoK.

He noted with an aim of raising trade between the two countries to 100 billion USD in 2020, Vietnam wants the RoK to facilitate its agro-forestry-fishery products, apparel, and woodwork and rubber products in accessing the local market.

Vietnam is willing to take in major goods from the RoK, he added.

Vietnamese businesses active at RoK’s int’l agriculture expo

The Vietnam-Korea Businessmen and Investment Association (VKBIA) has joined the organiser of the ongoing International Agriculture Exhibition (IAE) 2019 in Seoul, the Republic of Korea, to run several activities at event.

RoK province supports Vietnam’s Agent Orange victims

A ground breaking ceremony for a project to upgrade the Vietnam social protection centre for Agent Orange (AO)/dioxin victims took place in Thach That district of Hanoi on October 10.

Vietnam’s traditional musical instruments featured at RoK’s festival

Vietnam’s traditional musical instruments including monochord and T'rung (bamboo xylophone) were introduced to visitors to the Baekje Cultural Festival which took place in the Republic of Korea on October 3.

RoK waives visa fees for Vietnamese citizens

The Ministry of Justice in the Republic of Korea (RoK) has decided to temporarily waive fees for short-term visas for citizens of all ASEAN member states, including Vietnam, in a bid to boost visitor numbers from the regional community and entice people to make business trips.

Seven records broken at national track and field championships

The 2019 National Track and Field Championships officially concluded in Ho Chi Minh City on September 19, with the Army team coming out on top overall and seven new national records being set throughout four days of competition.

Source: VNA