Participants at the event (Photo: VNA) Hanoi (VNA) - The Ministry of Foreign Affairs (MoFA) in coordination with the Embassyof the Republic of Korea (RoK) held a conference named “Meet Korea 2020” inHanoi on June 30 to promote exchanges and cooperation between Vietnameselocalities and partners in the RoK.
Permanent Deputy Foreign Minister Bui Thanh Son highlighted the fruitfuldevelopment of the Vietnam - RoK relations in many fields, especially after thetwo established a strategic cooperation partnership in 2009.
He said that both Vietnam and the RoK have led the world in containing the spreadof COVID-19, adding the two governments have coordinated closely in controllingthe health crisis, demonstrating the spirit of their strategic cooperationpartnership.
Vietnam has assisted many RoK experts, engineers, and senior managers to enter thecountry during the pandemic, ensuring production and business activities aremaintained in Vietnam, he said.
The Vietnamese Government will continue to support and create favourable conditionsfor foreign enterprises, including RoK ones, to do business smoothly, safely,and permanently in Vietnam, Son affirmed.
He expressed a belief that the two sides will maintain their practical andeffective cooperation in the time to come.
For his part, RoK Ambassador Park Noh-wan said the event offers a good startfor the two sides to build an annual dialogue channel between RoK businessesand Vietnamese localities.
On the occasion, MoFA’s Department of Foreign Affairs of Localities and the Korea Chamberof Business in Vietnam (KORCHAM) signed amemorandum of understanding (MoU) to further promote cooperation between RoKfirms and Vietnamese localities.
Economic cooperation is a key pillar in bilateral relations. The RoK has FDI capitalin Vietnam of nearly 70 billion USD in more than 8,000 projects, which createjobs for over 700,000 Vietnamese workers and make up 30 percent of Vietnam’sexport value.
Two-way trade in 2019 hit 66.6 billion USD and the two sides aim to lift thefigure to 100 billion USD at an early date./.
VNA
