Meet Korea 2022: To bolster bilateral investment partnership between Viet Nam and RoK
The Meet Korea 2022 was held in Sam Son city in the central province of Thanh Hoa on March 25 with the participation of more than 500 delegates representing ministries, central agencies and 10 northern localities as well as businesses from Viet Nam and the Republic of Korea (RoK).
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| Deputy Foreign Minister Nguyen Minh Vu delivered a speech at the opening ceremony of the Meet Korea 2022. (Photo: Tuan Anh) |
Addressing the event, Deputy Foreign Minister Nguyen Minh Vu said that this is the first event to open a series of activities to mark the 30th anniversary of the Viet Nam-RoK diplomatic relations, aiming to bolster bilateral investment partnership.
He highlighted that the Viet Nam-RoK relationship is in a thriving period, with the RoK being an important partner of Viet Nam in many areas, and Viet Nam being an important pillar of the RoK’s New Southern Policy Plus.
Currently, the RoK is the biggest investor in Viet Nam with 9,223 underway projects worth 74.7 billion USD. It is Viet Nam’s second largest labour export market and the third largest trade partner, with two-way trade reaching 78 billion USD in 2021, he noted.
According to Vu, localities of the two countries have signed about 80 memoranda of understanding across various areas including trade, investment, people-to-people exchange, agriculture, education-training, and labour.
The RoK has provided Viet Nam with nearly 1.4 million doses of COVID-19 vaccines, reflecting the close friendship between the two nations, he said.
He expressed belief that the bilateral partnership will further thrive towards the target of 100 billion USD in 2023 and 150 billion USD in 2030.
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| The Meet Korea 2022 was held in Sam Son city in the central province of Thanh Hoa on March 25. |
For his part, Secretary of the Party Committee of Thanh Hoa province Do Trong Hung said that the RoK is an important partner of Thanh Hoa, stressing that the locality hopes to further strengthen the partnership, contributing to completing the province’s socio-economic goals.
Speaking at the event, RoK Ambassador to Viet Nam Park Noh-wan said that he hopes the event will be the opening for a new development period of the strategic partnership between the two countries as well as between the RoK and Thanh Hoa, northern and northern central localities of Viet Nam.
He diplomat said that 2022 is a meaningful year for both sides when they will celebrate their 30th anniversary of diplomatic relations.
He said he hopes through the event, businesses of both sides will strengthen their investment partnerships in all fields, including high technology, human resources development, support industries and logistics, thus contributing to promoting the growth of Viet Nam.
Within the event’s framework, participants discussed measures to boost bilateral trade and investment partnership for the economic recovery and development in both sides, as well as priorities of Korean firms and their interest in the energy sector in Viet Nam.
(Source: VNA)
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