National Assembly Chairman Vuong Dinh Hue (R) and former Speaker of the Republic of Korea’s National Assembly Byeong-seug. (Photo: VNA) Hanoi (VNA) – National Assembly Chairman Vuong Dinh Hue hosted a receptionin Hanoi on July 24 for former Speaker of the Republic of Korea’s National AssemblyByeong-seug.
On the basis of a new cooperation agreement between the two NAssigned in 2021, Hue believed that the two legislatures have enough conditionsto establish exemplary relations, making it a model of parliamentary ties inthe world.
Having spoke highly of and thanked Park for his importantcontributions to promoting the Vietnam – RoK comprehensive strategic partnership,Hue hoped that Park, with his prestige and in his capacity as a member of the Foreign Affairs andUnification Committee of the RoK’s NA, he would continue to support andcontribute to cooperative ties between the two legislatures and parliamentarians,thus promoting the Vietnam-RoK relationship in a more practical and effectivemanner.
Park affirmed that Hue has made very important contributions tothe bilateral relationship, especially Memoranda of Understanding signed duringthe latter’s official visit to the RoK in 2021 which have been deployed byVietnam’s competent agencies.
At the reception (Photo: VNA) Both host and guest held that the Vietnamese and RoK governmentsneed to early deploy the agreement on social insurance signed in December 2021in order to further beef up labour cooperation.
While stressing the importance of bilateral cooperation informing strategic supply chains in which the two nations have demand, potentialand strength, Hue and Park exchanged open views on the fields that the twosides should step up cooperation, including the building of favourable legal frameworks to increase two-way trade ina more balanced and sustainable manner.
They discussed several issues, including the RoK’s expandedprovision of official development assistance (ODA) with increased preferentialtreatment and loaning conditions suitable to international practices; the RoK’s continued assistance to help Vietnam operate the Vietnam – Korea Institute of Science andTechnology (VKIST) in the first phase and soon deploy the second phase; encouragingmajor enterprises of the RoK to open innovation and R&D centres in Vietnam.
Regarding Vietnam’s new visa policy which will come into force onAugust 15, Hue said it will create favourable conditions for foreign citizens,including Korean citizens and experts.
On theoccasion, Hue reiterated his invitation to the RoK NA to send adelegation to the 9th Global Conference of Young Parliamentarians in Vietnam inSeptember.
Park affirmed that he willconvey the invitation to the RoK NA, stressing that exchanges and cooperationbetween young parliamentarians of the two countries are of significance to strengtheningand enhancing the sustainable relations between the two legislatures.
Deputy Prime Minister Le Minh Khai receives former Speaker of the Republic of Korea’s National Assembly Byeong-seug. (Photo: VNA) The same day, Deputy Prime Minister LeMinh Khai received Park Byeong-seug and RoK parliamentarians, believing that their visit will contribute to tighteningexchanges between the two legislatures and deepening the comprehensive strategic partnershipbetween the two nations.
Khai said since the establishment of diplomatic ties in1992, Vietnam and the RoK have achieved remarkable progress in theirrelationship which has become a model of bilateral cooperation between nations.The RoK continued to take the lead in terms of direct investment in Vietnam with combined capital of 82.2 billion USD, and ranks second in development cooperation, tourism,and labour; and third in trade cooperation with 88 billion USD in 2022.
Notably, there are over200,000 expatriates from each country living, studying, and working in theother nation, including around 80,000 multicultural Vietnamese-Korean families.
The host suggested Park, inhis capacity as a member of the Foreign Affairs and Unification Committee ofthe RoK’s National Assembly, step up several key areas of cooperation, includingin national defence-security, support for Vietnam in law enforcement at sea,defence industry and sharing a common vision to ensure security, safety,freedom of navigation and overflight in the East Sea.
He wished that bothcountries would expand trade on a balanced and sustainable basis. He urged theRoK to help Vietnamese firms join more deeply in their supply chains andextend the supply of official development assistance to Vietnam.
TheDeputy PM also proposed the RoK pay attention to building a safe, sustainable,and increasingly growing Korean-Vietnamese community, as well as further enhancingpeople-to-people exchanges.
Park, for his part, said theRoK Government will strive to maximise preferential treatment for fundingprogrammes to Vietnam, particularly through the Economic DevelopmentCooperation Fund (EDCF) and the Economic Development Promotion Facility (EDPF),and improve the balance of bilateral trade. In 2024, the RoK will increase thequota for foreign workers, thus creating opportunities for Vietnamese workers inthe RoK.
The RoK consistentlyadheres to the view that all activities in the East Sea must strictly complywith international law, he said, adding that the East Asian country also supports safetyand freedom of navigation in the East Sea.
He proposed Vietnam simplify theprocedures for granting licences to Korean experts and skilled workers to workin the Southeast Asian country, and deals with educational needs of Korean children andmulticultural Vietnamese-Korean families.
In reply, Khai askedagencies and educational establishments to work with the People's Committee ofHanoi to find suitable solutions to allocating land plots. He expressedreadiness to resolve any arising obstacles to facilitate the process.
The Vietnamese Government will soon amendregulations to create favourable conditions for Korean firms to attractresources and operate more effectively, he promised./.
