Illustrative image (Source: Reuters)

Hanoi (VNA) - Vietnamese President Tran Dai Quang on August 15 sent a congratulatory message to President of the Republic of Korea (RoK) Moon Jae-in on the country’s 73rd Liberation Day (August 15).

On this occasion, Vietnamese Prime Minister Nguyen Xuan Phuc and National Assembly Chairwoman Nguyen Thi Kim Ngan extended congratulations to their RoK counterparts Lee Nak-yeon and Moon Hee-sang, respectively.

Deputy Prime Minister and Foreign Minister Pham Binh Minh also sent a message of congratulations to RoK Foreign Minister Kang Kyung-wha.

Vietnam and the RoK oficially established diplomatic ties on December 22, 1992. Since then, relations between the two countries have been growing fruitfully in different fields.

The RoK is currently Vietnam’s largest foreign investor, with accumulative registered capital of over 60 billion USD. Up to 5,500 Korean firms are operating in Vietnam and creating millions jobs for Vietnamese workers. 

According to the General Department of Vietnam Customs, two-way trade between Vietnam and the RoK hit 61.5 billion USD in 2017, a year-on-year increase of 41.3 percent. Vietnam’s exports to the RoK reached 14.8 billion USD, while its imports from the RoK stood at 46.7 billion USD, up 30 percent and 45.3 percent against 2016, respectively. 

Last year, around 2.5 million Korean tourists visited Vietnam, while the number of Vietnamese holidaymakers to the RoK surged by 70 percent. People-to-people exchanges have been also held at all levels and in all fields.-VNA