During the 8th meeting of the Vietnam-RoK Joint Committee for Cooperation in Nuclear power, Industry and Trade in Ho Chi Minh City on February 2, the two sides debated cooperation in projects related to oil and gas, renewable energy, energy safety, support industry, development of electricity plants under the form of build-operate-transfer (BOT). They also had a dialogue on the auto industry and cooperation mechanisms to promote Vietnam’s agro-aquaculture products and processed food export to the RoK. These were considered as foundation for the two countries to outline and carry out practical and specific projects of industrial, trade and energy cooperation in 2018 and 2018 and subsequent years. At the 2nd meeting of the Vietnam-RoK Joint Committee on the implementation of the Vietnam-Korea Free Trade Agreement (VKFTA) on the same day, Vietnamese Minister of Industry and Trade Tran Tuan Anh and RoK Minister of Trade, Industry and Energy Paik Un-gyu highly valued the development of economic, trade and investment relations between the two countries in recent years. Paik Un-gyu stressed after the VKFTA took effect, export value of the two sides to each other has increased remarkably, helping concretise cooperation in many fields. The two sides pledged to continue discussing ways to settle issues arising in the process of implementing the agreement, while reviewing committed contents to ensure that the deal will benefit the respective business communities, contributing to maintaining trade and investment growth. The officials also acknowledged efforts made by both sides in actively promoting activities of their cooperation sub-committees, and approved a joint… [Read full story]
(VOVworld) - Vietnam is ready to work with the Republic of Korea (RoK) to effectively implement the bilateral free trade agreement (FTA), boosting their trade to 70 billion USD, even 100 billion USD, by 2020. Prime Minister Nguyen Xuan Phuc made the remark at a meeting with RoK Foreign Minister Yun Byung-se, who is on an official visit to Vietnam, in Hanoi yesterday. PM Phuc suggested RoK companies enhance investment in Vietnam, particularly in infrastructure, renewable energy, and high technology. They were also recommended to import more goods that Vietnam has advantages such as agricultural and aquacultural products and assist…... [read more]
Viet Nam and the Republic of Korea vowed to raise the two-way trade value to US$100 billion by 2020. Deputy PM Truong Hoa Binh pays courtesy call on Korean PM Lee Nak-yon. Photo: VGP Permanent Deputy PM Truong Hoa Binh paid courtesy call on Korean PM Lee Nak-yon on Tuesday as part of his on-going visit to Northeast Asian country.Deputy PM Binh extended thanks to the Korean Government for offering US$1 million to help the central provinces to overcome consequences caused by recent storm.The two sides expressed their pleasure at the extensive and intensive development of the Viet Nam-RoK relations…... [read more]
(VOV) - Party General Secretary Nguyen Phu Trong will pay a State-level visit to the Republic of Korea (RoK) from October 1-4 at the invitation of Korean President Park Geun-hye, aiming to deepen the strategic partnership. Twenty-two years after diplomatic ties were set up in 1992 and five years since bilateral ties were upgraded to a strategic cooperative partnership in 2009, the Vietnam-RoK relations have gone from strength to strength over the years. The two countries have maintained annual exchange visits, including Vice State President Nguyen Thi Doan's visit to the RoK in February 2013, National Assembly Chairman Nguyen Sinh…... [read more]
President of the Republic of Korea (RoK) Park Geun-hye is set to arrive in Hanoi on September 7 for her four-day state visit to Vietnam, which is expected to greatly enhance trust, co-operation and understanding between the two sides. This is President Park's first visit to Vietnam since taking office in February of this year and the fifth visit by an RoK President since the two nations established diplomatic relations in 1992. She is scheduled to hold talks with President Truong Tan Sang and have meetings with Party General Secretary Nguyen Phu Trong, Prime Minister Nguyen Tan Dung and National…... [read more]
President of the Republic of Korea (RoK) Park Geun-hye is set to arrive in Hanoi on September 7 for her four-day state visit to Vietnam, which is expected to greatly enhance trust, cooperation and understanding between the two sides. President of the Republic of Korea (RoK) Park Geun-hye - Source: AFP/VNA This is PresidentPark's first visit to Vietnam since she took office in February this year, and the fifth one by a RoK President since the two nations established diplomatic relations in 1992. She is scheduled to hold talks with President Truong Tan Sang and have meetings…... [read more]
