Vietnam, RoK foster multifaceted cooperation: "Meet Korea 2024" in Binh Duong
WVR/VNA - On May 17, the Ministry of Foreign Affairs in collaboration with the People’s Committee of Binh Duong organised the “Meet Korea 2024” programme in the lead up to the 32nd anniversary of diplomatic relations between Vietnam and the Republic of Korea (RoK).
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| Vietnam, RoK foster multifaceted cooperation: Representatives from Binh Duong and Korean partners at the “Meet Korea 2024” programme on May 17, 2024. (Photo: WVR) |
The event, attended by Deputy Minister of Foreign Affairs Nguyen Minh Hang, Korean Ambassador Choi Youngsam, leaders from southern localities and many Korean firms operating in Vietnam, was an opportunity for the two sides to evaluate their cooperation outcomes in the past 32 years, and discuss orientations for future development.
In her speech, Deputy Minister Hang stressed that the Vietnamese Government treasures contributions made by foreign investors, including those from the RoK, to the socio-economic development of Vietnam.
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| Vietnam, RoK foster multifaceted cooperation: Currently, RoK is the fifth largest investor in Binh Duong province with nearly 800 projects and a total investment capital of 3.4 billion USD. (Photo: WVR) |
She expressed her hope that the two countries will continue enhancing cooperation across the areas of hi-tech electronic device production, semiconductor, tourism and people-to-people exchange.
Discussions at the event are expected to contribute to the sustainable development and prosperity of the two nations, she underlined.
Over the past more than three decades, the bilateral ties have borne fruit in various domains, particularly economy. The East Asian country is now a leading economic partner of Vietnam as it has poured a total of 86 billion USD in investment into the country. Their cooperative relations have also thrived in tourism, labour and trade, among others.
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| Vietnam, RoK foster multifaceted cooperation: "Meet Korea 2024" is a favorable opportunity for Vietnam and RoK to share visions and ideas, as well as collaborate and connect together. (Photo: WVR) |
According to Chairman of the Binh Duong provincial People’s Committee Vo Van Minh, investors from 65 countries and territories have registered nearly 40.6 billion USD in some 4,300 projects in the province, with the RoK being the 5th largest with nearly 800 projects worth 3.4 billion USD.
The province commits to creating the best conditions for Korean firms who run business in the locality, he said, adding it prioritises investors boasting considerable experience in the advanced technology industry, semiconductors, and state-of-the-art electronic products.
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| Vietnam, RoK foster multifaceted cooperation: At "Meet Korea 2024" in Binh Duong, the Ministry of Foreign Affairs, in collaboration with the Korean Embassy, organized nearly 100 effective and substantive working meetings. (Photo: WVR) |
On this occasion, Kocham Binh Duong awarded the "Kocham Scholarship - Empowering Dreams" with a total value of 800 million VND to the Binh Duong Provincial Red Cross. This is the 9th annual scholarship program that Kocham Binh Duong has dedicated to poor students who excel academically.
At the Meet Korea 2024, the Ministry of Foreign Affairs, in collaboration with the Korean Embassy, organized nearly 100 effective and substantive working meetings between local leaders attending the event and the Korean Ambassador and Consul General, local Vietnamese branches and agencies with leaders of important Korean agencies, organizations, and associations, as well as between businesses from both sides.
On this occasion, Binh Duong signed several cooperation deals with its Korean partners on various fields, such as digital transformation and public transportation infrastructure, cultural industry.
"Meet Korea" is a series of events organized by the Ministry of Foreign Affairs in collaboration with the Korean Embassy in Vietnam since 2015, aimed at exchanging information and promoting trade, investment, culture, tourism, and various other sectors between Vietnamese localities, businesses, and Korean partners.
After 9 years of formation and development, the " Meeting Korea" program demonstrates the determination of the leadership, local authorities, and businesses of Vietnam and Korea in promoting the bilateral relationship. It also serves as an opportunity for businesses from both sides to interact, connect for cooperation, share experiences, and convey their aspirations and wishes to the leadership and local authorities.
