ROK is strategic partner of Vietnam
Vietnam’s PM said that Vietnam always viewed the RoK as an important and long-term strategic partner
Hanoi, The Gulf Observer: Vietnam’s Prime Minister Pham Minh Chinh affirmed that Vietnam always viewed the RoK as an important and long-term strategic partner during his meeting with Speaker of the Republic of Korea (RoK)’s National Assembly (NA) Kim Jin-pyo in Hà Nội on Tuesday.
Both host and guest noted with satisfaction that the two countries’ relations had been developing unceasingly in all aspects over 30 years since bilateral diplomatic relations were set up.
At present, the RoK is ranking first among foreign investors in Vietnam with total capital reaching US$80.5 billion; second in terms of development cooperation, tourism, and labour; and third in terms of trade with revenue hitting $88 billion in 2022. About 8,000 Korean enterprises are operating in Vietnam. Meanwhile, some 200,000 citizens of each country are living in the other country, including about 80,000 multicultural families.
PM Chinh congratulated the RoK on its national development achievements and thanked the country’s State, NA, and people for their precious, practical, and effective assistance for Vietnam in the recent past.
Congratulating Vietnam on fast and steady economic growth amid difficulties, Speaker Kim appreciated the Vietnamese Government’s attention to the development of the Korean business community.
He called on the Government of Vietnam to support his country’s hosting of World Expo 2023 in Busan; continue facilitating Korean firms’ operations in Vietnam; help Korean banks open branches; facilitate RoK citizens’ travel, work, and life in Vietnam; and back the expansion of the RoK’s educational establishments in the Southeast Asian nation.
PM Chinh has pledged to consider his guest’s proposals.
