Updated  
January, 21 2014 09:10:00

Nation steps up RoK co-operation

Deputy Prime Minister Nguyen Xuan Phuc (L) meets RoK Prime Minister Chung Hong-won in Seoul yesterday.— Photo VGP

SEOUL (VNS)— Deputy Prime Minister Nguyen Xuan Phuc has said Viet Nam will work with the Republic of Korea (RoK) to further accelerate bilateral co-operation in economics, trade, investment and labour.

He made the remarks during a meeting yesterday with RoK Prime Minister Chung Hong-won, as part of his official visit to the country from January 19-23.

Phuc affirmed that the Party and State of Viet Nam attach much importance to the relationship with the RoK, considering it a priority in the country's external policy.

He also proposed that the RoK Government create more favourable conditions for Vietnamese goods to penetrate the RoK market.

Further, he said Viet Nam would always remain open to RoK enterprises interested in developing their businesses and transfer technology to Viet Nam, to help Viet Nam boost its support industry.

During the meeting, the two sides expressed their pleasure at the growing ties between Viet Nam and the RoK over the past two decades, especially since they set up their strategic partnership in 2009.

They also discussed measures to implement the agreements that leaders of both countries reached during the Viet Nam visit of President Park Geun-hye last September.

They agreed that it is necessary to strengthen political trust and beef up comprehensive cooperation in the years ahead.

PM Chung Hong-won confirmed that his country believes Viet Nam will be a key partner in its development cooperation.

The RoK Government will actively implement agreements between the two countries and speed up joint projects in economics, science and technology, as well as development cooperation.

He suggested that the two sides exert more efforts so the Viet Nam -RoK free trade agreement could be signed this year, fueling two-way trade to reach the goal of US$70 billion by 2020.

The Prime Minister also pledged that his country will continue stepping up measures to gradually reduce Viet Nam's trade deficit with the RoK, to reach a balance in trade between the two countries.

Further, the two sides agreed to strengthen their coordination in regional and international forums, contributing to maintaining peace, stability, along with maritime and airspace freedom and safety in accordance with international law.

Regarding the tense situation in the Korean Peninsula, Phuc affirmed that Viet Nam supports peace, stability and non-nuclearisation on the peninsula.

Phuc also met RoK Ministers of Public Administration and Security, Defence, and Justice, as well as leaders of some enterprises.

Additionally, he visited the staff of the Vietnamese Embassy in Seoul. — VNS

Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

Highlight

President leads tribute to war hero who stood up to colonialism 1    President leads tribute to war hero who stood up to colonialism

President Truong Tan Sang yesterday attended a ceremony marking the 150th anniversary of the death of Truong Dinh, a national hero in the war against the French, in the Mekong Delta province of Tien Giang.

Viet Nam topple Japan in int'l Robocon finals Viet Nam topple Japan in int'l Robocon finals

The Lac Hong University Robocon team yesterday triumphed over their Japanese rival to take out this year's International Robocon contest in Pune, India.

How to eat to beat the heat: lessons from Asian tradition 2    How to eat to beat the heat: lessons from Asian tradition

At a recent English conversation get-together, I chose the topic - How to beat the heat? I also chose a second topic - Ways to calm down when one gets hot-headed.

Government refuses to give preferential policies to Vinalines in debt restructuring Government refuses to give preferential policies to Vinalines in debt restructuring

The Vietnamese Government will not make any preferential policies to support the Vietnam National Shipping Lines (Vinalines) during its restructuring plan.

Vietnamese lions to roar again Vietnamese lions to roar again

In the near future, foreign-style stone lions with fierce looks, large paws and sharp teeth are expected to be removed from relics, pagodas and temples throughout the country.