Vietnam always views RoK as important, long-term strategic partner: PM

(VOVWORLD) - Prime Minister Pham Minh Chinh affirmed that Vietnam always views the RoK as an important and long-term strategic partner during his meeting with Speaker of the Republic of Korea (RoK)’s National Assembly (NA) Kim Jin-pyo in Hanoi on Tuesday.
Vietnam always views RoK as important, long-term strategic partner: PM - ảnh 1PM Pham Minh Chinh (R) and Speaker of the RoK’s National Assembly Kim Jin-pyo in Hanoi on January 17, 2023 (Photo: VNA)

As economic ties remain an important pillar of bilateral cooperation, PM Chinh asked the two sides to work together to fruitfully implement the Vietnam - RoK Free Trade Agreement (VKFTA) and the Regional Comprehensive Economic Partnership (RCEP) to raise bilateral trade to 100 billion USD in 2023 and 150 billion USD by 2030 in a balanced and sustainable manner.

Vietnam welcomes Korean enterprises' expansion of investment, especially in high technology, science - technology, innovation, green economy, digital economy, digital transformation, clean energy, smart city, and eco-city development, the PM noted, calling on them to create conditions for Vietnamese businesses to take part in supply chains to help Vietnam soon become a centre of regional and global value chains.

He expressed his hope for the RoK’s continuation of ODA cooperation mechanisms and assistance for Vietnamese people in the RoK. He also pledged support for Korean investors and citizens in Vietnam.

Speaker Kim said Vietnam is the RoK's major partner in Southeast Asia. He thanked the Vietnamese government for supporting Korean businesses and urged for further cooperation between the two countries' legislatures and governments to strengthen their comprehensive strategic partnership. 

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