return icon Vietnamnet.vn

Vietnamese, Korean Prime Ministers hold phone talks

Vietnamese Prime Minister Pham Minh Chinh talked over the phone with his counterpart from the Republic of Korea Han Duck-soo on July 5, during which the two leaders compared notes on measures to boost the bilateral relations.
Vietnamese, Korean Prime Ministers hold phone talks hinh anh 1
PM Pham Minh Chinh (right) holds phone talks with his Korean counterpart Han Duck-soo (Photo: VNA) 


This was the first phone talk by the RoK’s PM with a foreign leader since he took office.

Congratulating Han on his appointment as the RoK's PM, Chinh said despite global and regional uncertainties, including COVID-19 impacts, the relationship between Vietnam and the RoK has maintained its stable development pace, and the two countries have become leading important partners of each other, especially in economy, trade and investment.

He affirmed Vietnam’s consistent foreign policy of independence, self-reliance, multilateralisation and diversification of relations, and being a friend, a reliable partner and an active, responsible member of the international community.

Vietnam always regards the RoK as an important, long-term strategic partner, and wishes to work together with the East Asian country to deepen the relationship, for the sake of people, and for peace, stability, cooperation and development in the region and the world at large, the PM said.

For his part, Han congratulated Vietnam on achievements it has recorded over the past time, particularly in pandemic containment and economic growth, noting that the RoK considers Vietnam a leading important partner and wishes to work with the Southeast Asian country to enhance the bilateral relations sustainably in the time ahead.

He used this occasion to thank the Vietnamese government for its support to Korean firms, helping them maintain production in the country, especially amid the COVID-19 spread over the past time.

For specific measures to step up the bilateral ties, the two PMs agreed to implement the outcomes of the online talks between General Secretary of the Communist Party of Vietnam Nguyen Phu Trong and Korean President Yoon Suk-yeol on June 8, continue close coordination between the two sides in organising activities marking the 30th founding anniversary of diplomatic ties this year, and effectively implement bilateral and multilateral cooperation mechanisms such as the Vietnam-Korea Free Trade Agreement (VKFTA) and the Regional Comprehensive Economic Partnership (RCEP) in order to soon raise two-way trade value to 100 billion USD in 2023 and 150 billion USD by 2030.

The two sides will handle trade imbalances and facilitate the penetration of Vietnamese goods like agricultural and aquatic products into the Korean market, and encourage Korean businesses to expand investment in Vietnam, prioritising digital technology, electronics, renewable energy and infrastructure development.

Vietnam pledged to create optimal conditions for Korean enterprises as well as foreign investors to run long-term business in the country.

The leaders also consented to maintain and promote effective official development assistance (ODA) cooperation mechanisms, and expand the scale of ODA supply for Vietnam.

The two countries will enhance collaboration in labour, tourism, people-to-people and cultural exchanges and entertainment industry, and support their overseas citizens, especially Vietnamese brides in the RoK.

The PMs also concurred to foster cooperation in international issues and at different forums.

Regarding the East Sea issue, they shared the common vision on maintaining peace and stability, ensuring security, safety and freedom of navigation in the East Sea, settling disputes at sea by peaceful measures, and ensuring rights and legitimate interests of countries in line with international law, including the 1982 United Nations Convention on the Law of the Sea (UNCLOS)./.

Source: VNA

MORE NEWS

Pharmaceutical firms show mixed performance

Six-month revenues of pharmaceutical firms paint a mixed picture of the industry in the first half.

Ship damages bridge over Saigon River

Binh Phuoc 1 Bridge connecting Thu Duc City and District 12 over the Saigon River was damaged after being hit by a ship traveling under the bridge.

Vietnam sees rise in Covid-19 infections and deaths

Vietnam has seen a recent rise in the number of Covid-19 infections and deaths due to the appearance of new Omicron sub-variants.

Phu Quoc halts scuba diving tours for coral protection

Underwater tourism activities that threaten coral reefs at Phu Quoc marine sanctuary have been suspended.

Vietnam, Poland capitalize on EVFTA preferences

The implementation of the Vietnam - EU Free Trade Agreement (EVFTA) has greatly contributed to raising two-way trade turnover between Vietnam and Poland to over US$1 billion since the beginning of the year.

Foreign trade hits more than US$30 bln in first half of August

The General Department of Vietnam Customs reported the total import-export value of Vietnam in the first half of August 2022 has hit more than US$30 billion.

Vietnam improves forecasting in face of natural disasters

Natural disasters are becoming more unpredictable and extreme due to climate change, causing more extensive damage to people and property.

Expert backs proposal to invest in refinery complex in Ba Ria-Vung Tau

A proposal by the Vietnam Oil and Gas Group (Petrovietnam) to invest in a petrochemical and refinery complex and national oil storage facility with total investment of nearly 19 billion USD in the southern province of Ba Ria-Vung Tau is a good idea.

Vietnam’s public debt decreases significantly

Vietnam’s public debt in the 2017-2021 period decreased dramatically from 61.4% of its GDP to 43.1%, according to the latest information released by the Ministry of Finance.

Get a taste of nature in northern national parks

National parks with abundant greenery and diverse flora and fauna act as lungs for many regions and provide a paradise for nature lovers.

Over US$34 billion set to pour into Vietnam’s real estate market this year

During the first seven months of 2022, over VND420 trillion (US$18 billion) was pumped into the real estate market. The figure could be raised to VND800 trillion ($34 billion) by the end of the year in case of favorable conditions.

VIETNAM NEWS HEADLINES AUGUST 19

Government offers support to additional 243,000 pandemic-hit labourers

Tourism businesses struggle to get cut-rate loans

Struggling tourism businesses in HCM City are in dire need of credit to recover but are finding it very difficult to access the subsidised loans under the Government’s Decree 31 that took effect in May, according to the city's Department of Tourism.

VIETNAM BUSINESS NEWS AUGUST 19

Ministry of Finance seeks to drop fuel price stabilization fund

Vietnam to tighten management, increase supervision to prevent tax loss

Nowadays online shopping becomes more popular than in-store shopping and more people have taken take full advantage of social networking platforms to put an ad on social network platforms about their products.
back_to_top