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VietNamNews

VN, S Korea deepen their ties

Update: March, 30/2012 - 10:02

 

PM Nguyen Tan Dung (left) is received by the Republic of Korea's Prime Minister Kim Hwang-sik in Seoul yesterday. — VNA/VNS Photo Duc Tam
SEOUL — The prime ministers of Viet Nam and the Republic of Korea have agreed to continue boosting and deepening friendship and co-operation in all areas, in the spirit of their strategic co-operative partnership.

During their talks in Seoul yesterday, Prime Minister Nguyen Tan Dung of Viet Nam and RoK Prime Minister Kim Hwang-sik also agreed to co-ordinate in organising a series of activities to celebrate the Viet Nam-RoK Friendship Year 2012, aiming to increase friendship and people-to-people exchanges between the two countries.

Kim spoke highly of Dung's visit to the RoK to celebrate the friendship year, which marks the 20th anniversary of diplomatic ties between the countries.

The RoK leader affirmed that his country continued to consider Viet Nam as a key partner in co-operation and investment.

Host and guest said they would work closely together to help their respective residents, including Vietnamese brides living in the RoK.

The two PMs witnessed the signing of an agreement to provide loans to a solar energy project in Viet Nam's central Quang Binh Province and the Long Xuyen solid waste treatment and drainage system project, plus a memorandum of understanding on insurance co-operation between the Vietnamese Finance Ministry, the RoK Import-Export Bank and the RoK financial supervision committee.

Also on the same day, Dung attended round-table talks with more than 50 RoK businesses, affirming Viet Nam's support for RoK businesses to increase investment and economic co-operation in infrastructure, high-tech processing and manufacturing, green growth and clean energy use.

RoK businesses spoke highly of Viet Nam's large workforce and its economic development potential.

The RoK has 3,000 investment projects in Viet Nam worth US$24 billion. It is also a major provider of ODA for Viet Nam, and two-way trade reached $18 billion in 2011.

Prior to his official two-day visit, Dung had been in Seoul to attend the 2nd Nuclear Security Summit from March 26-27.

The visit by Dung was the opening political event for the Viet Nam-RoK Friendship Year in which the two countries were celebrating the 20th anniversary of diplomatic ties, Deputy Foreign Minister Le Luong Minh said after the visit.

The two sides affirmed their desire to raise bilateral trade to $20 billion ahead of 2015 and aimed to reach $30 billion, he added.

The Deputy FM said he believed the strategic co-operative partnership between Viet Nam and the RoK would continue to develop strongly, bringing practical benefits and contributing to prosperity in each country, as well as to peace, stability, co-operation and development in the region and the world.

On Wednesday, Dung held a meeting with members of the Vietnamese community in the RoK.

He said he hoped they would help each other in their daily lives, preserve their cultural identity and bring into play the role of bridging the multifaceted co-operative relations between Viet Nam and the RoK. — VNS

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