Friday, December 15 2017

VietNamNews

National Assembly lifts ties with RoK

Update: March, 19/2015 - 10:04
National Assembly Chairman Nguyen Sinh Hung (right) receives his Korean counterpart Chung Ui-Hwa in Ha Noi yesterday.— VNA/VNS Photo Thong Nhat
HA NOI (VNS) — Viet Nam's National Assembly is willing to closely co-operate with its counterparts in the Republic of Korea (RoK) to enhance the two countries' strategic cooperative partnership, said NA Chairman Nguyen Sinh Hung during talks with Speaker of RoK's National Assembly Chung Ui-Hwa in Ha Noi yesterday.

The Vietnamese Chairman said bilateral ties had been developing strongly as seen through delegation exchanges, demonstrating the political trust between the countries' leaders.

Economic co-operation had also enjoyed encouraging progress as the RoK respectively ranked first, second and third in terms of direct investment, official development assistance provision and trade in Viet Nam, he noted.

The leader highly valued the conclusion of bilateral free trade agreement negotiations and the US$70 billion target for trade by 2020, while highlighting successes in culture, education, science-technology, security and defence co-operation.

Chairman Hung said he hoped Speaker Chung Ui-hwa and the RoK's National Assembly would support the extension of the special memorandum of understanding (MoU) on labour co-operation and the renewal of the MoU on labour co-operation between the two nations.

For his part, Speaker Chung Ui-Hwa voiced his delight at the vigorous growth of the countries' strategic co-operative partnership and the affiliation between their parliamentarians through regular visits to exchange legislative experience.

He expressed his hope for increased co-operation between the two parliaments and Governments to meet the expectations of the two nations' peoples.

The growing numbers of Vietnamese and RoK nationals living in the other country was an important reason for fostering multi-faceted connections between the two Governments and peoples, he added.

During their talks, both sides shared the view that the two National Assemblies had successfully implemented their co-operation agreement inked in July 2013. They agreed to maintain all-level delegation exchanges and intensify the sharing of information, experience and viewpoints on regional and international issues of mutual concern.

The countries will also create a favourable legal environment to facilitate travel and co-operation to protect their citizens.

Largest investor

Party General Secretary Nguyen Phu Trong (R) receives the Speaker of the South Korean National Assembly, Chung Ui-Hwa in Ha Noi yesterday. — VNA/VNS Photo Tri Dung

Party General Secretary Nguyen Phu Trong yesterday congratulated South Korea on becoming the largest investor in Viet Nam.

Trong was speaking to the Speaker of the South Korean National Assembly, Chung Ui-Hwa, who is visiting Ha Noi.

He praised South Korea for also being a leading trading partner and supplier of official development assistance (ODA).

Trong hailed the recent conclusion of negotiations on the Viet Nam-South Korean free-trade agreement in December.

The Party chief promised to commit resources to developing Korean business operations in Viet Nam and underscored the value of co-operation between the two legislative bodies in lawmaking and law enforcement.

Chung Ui-Hwa said that the government and people of South Korea had strong confidence in Viet Nam's growth prospects.

He said he looked forward to deeper bilateral co-ordination across all fields, and vowed continued efforts to develop the friendship. — VNS

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