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PM to attend South Korea-ASEAN summit

Update: December, 05/2014 - 08:38
Prime Minister Nguyen Tan Dung will attend a Commemorative Summit to mark the 25th anniversary of ASEAN-Republic of Korea dialogue relations from December 10-12. — Photo Duc Tamn

HA NOI (VNS) — Prime Minister Nguyen Tan Dung will attend a Commemorative Summit to mark the 25th anniversary of ASEAN-Republic of Korea dialogue relations from December 10-12.

The visit is being made at the invitation of the South Korean President, Park Geun-hye.

ASEAN and the South Korea upgraded their relationship to a strategic partnership in 2010.

The two sides target two-way trade of US$150 billion by 2015 and $200 billion by 2020.

South Korea is Viet Nam's second largest foreign-direct investor and trade partner. Two-way trade turnover hit $27.5 billion in 2013.

The country is also the second largest provider of development aid for Viet Nam. It committed a total of $1.2 billion in 2012-2015. — VNS

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