Politics & Law
Contracts worth $286.3 million inked at Việt Nam Int’l Defence Expo 2024
1.
 |
| Prime Minister Nguyễn Xuân Phúc received the ambassadors from South Korea and Sri Lanka to Việt Nam yesterday. — VNA/VNS Photo |
HÀ NỘI — Prime Minister Nguyễn Xuân Phúc received the ambassadors from South Korea and Sri Lanka to Việt Nam yesterday.
Meeting with South Korean ambassador Lee Huyk, Phúc praised the development of the two countries’ strategic partnership in recent years - particularly in security, politics, defense, international co-operation, investment, trade and ODA.
The free trade agreement (FTA) between the two countries will promote bilateral co-operation in economics, trade, investment and labor. The PM said he hopes there will be a new wave of Korean investment in Việt Nam, now that Việt Nam has joined the TPP.Ambassador Huyk said many South Korean businesses are keen to invest in Việt Nam in a number of areas, such as energy, transport, and finance. He said he hopes two-way trade will grow more rapidly to surpass the US$70 billion target by 2020.
Talking to the Ambassador of Sri Lanka, Saranya Hasathi Urgodawatt Dissanayke, Prime Minister Phúc affirmed the strong ties and traditional co-operation of the past 45 years. But he said the bilateral trade turnover, which was around $200 million last year, could be increased.
For her part, Urgodawatt Dissanayke echoed Phúc’s opinion of the good relations between the two countries, saying she has made considerable efforts to foster co-operation between the two countries in the fields of investment, trade, tourism and more. — VNS
