Greetings extended on 30th anniversary of Vietnam-RoK diplomatic ties

Party General Secretary Nguyen Phu Trong and President Nguyen Xuan Phuc cabled messages of greetings to President of the Republic of Korea (RoK) Yoon Suk-yeol on the occasion of the 30th anniversary of bilateral diplomatic ties.

  • Vietnam - RoK trade reaches over 73 billion USD
  • State President hosts Vietnam – RoK friendship, cooperation organisations
Greetings extended on 30th anniversary of Vietnam-RoK diplomatic ties -0
Photo for illustration. Source Internet.

Party General Secretary Nguyen Phu Trong and President Nguyen Xuan Phuc cabled messages of greetings to President of the Republic of Korea (RoK) Yoon Suk-yeol on the occasion of the 30th anniversary of bilateral diplomatic ties.

Prime Minister Pham Minh Chinh also extended his congratulations to his RoK counterpart Han Duck-soo, and National Assembly Chairman Vuong Dinh Hue sent his greetings to Speaker of the RoK National Assembly Kim Jin-pyo.

The leaders shared the view that over the past three decades, the bilateral relationship has reaped great achievements across spheres, and mutual trust and understanding have been consolidated.

They stressed that the upgrading of the relationship to a comprehensive strategic partnership, made during the visit to the RoK by President Phuc earlier this month, is of significance as it opens up a new period of development for the ties.

The leaders agreed to work together to promote the relationship, making it more substantive, effective and comprehensive in the time ahead, thus bringing pragmatic interests to the two countries’ people, for peace, stability, cooperation and development in the region and the world.

On this occasion, Minister of Foreign Affairs Bui Thanh Son exchanged greetings with his RoK counterpart Park Jin.

As of September 2022, the RoK remained the biggest foreign investor in Vietnam with 80.52 billion USD, accounting for 18.6% of the total investment in the country.

With 1.2 billion USD in preferential loans from the Economic Development Cooperation Fund (EDCF) for 2012-2015 and 1.5 billion USD for 2016-2020, the RoK was the second biggest provider of official development assistance (ODA) for Vietnam. The RoK was also the third biggest trade partner of Vietnam with two-way trade of 66.65 billion USD in 2019, 65 billion USD in 2020 and 78 billion USD in 2021.

On the back of the Vietnam-Korea Free Trade Agreement (VKFTA) and the Regional Comprehensive Economic Partnership (RCEP), the two countries are looking toward 100 billion USD in bilateral trade next year and 150 billion USD by 2030, by creating favourable conditions for Vietnam’s exports of agro-aquatic products and seasonal fruits.

VNA

Other News

Vietnam needs more modern, creative working class: Top leader

Vietnam needs more modern, creative working class: Top leader

Party General Secretary and State President To Lam urged the Vietnam Trade Union to reform more rapidly, deeply and substantively. It must work together with the State, enterprises and training facilities to improve workers’ professional qualifications, digital skills and adaptability.

Grand opening of 14th Vietnam Trade Union Congress for 2026–2031 term

Grand opening of 14th Vietnam Trade Union Congress for 2026–2031 term

VGCL President Nguyen Anh Tuan said achievements obtained over the past ternure reflect the close guidance of the Party, effective coordination among State agencies, local authorities, the Vietnam Fatherland Front and socio-political organisations, support from employers and, above all, the dedication and innovation demonstrated by trade union officials, members and workers across the country.

Prime Minister chairs Government's regular meeting for May

Prime Minister chairs Government's regular meeting for May

Prime Minister Le Minh Hung emphasised the need to further improve institutions and policy frameworks, develop digital infrastructure and data resources, and create the necessary conditions for science, technology, innovation and digital transformation to become new drivers of economic growth.

Official hails progress in Vietnam – RoK defence cooperation

Official hails progress in Vietnam – RoK defence cooperation

Deputy Prime Minister and Minister of National Defence General Phan Van Giang said that alongside the robust growth of relations between the two countries, defence cooperation has continued to develop extensively and intensively, becoming increasingly practical and effective.

Vietnam's First Lady visits disadvantaged children in Philippines

Vietnam's First Lady visits disadvantaged children in Philippines

Ngo Phuong Ly, spouse of Party General Secretary and State President To Lam, expressed her emotion at seeing the children’s optimism despite difficult circumstances, noting that both Vietnam and the Philippines place children at the centre of their development policies, from education, health care to child protection.

Top leader of Vietnam pays state visit to Philippines

Top leader of Vietnam pays state visit to Philippines

Party General Secretary and State President To Lam and his spouse are paying state visit to the Philippines from May 31 to June 1 at the invitation of President Ferdinand Romualdez Marcos Jr. and his spouse.