The Party leader made the suggestion during his meeting with RoK National Assembly Speaker Woo Won-sik in Seoul on August 12 as part of his ongoing state visit to the Northeast Asian nation at the invitation of President Lee Jae-myung.

He highly appreciated parliamentary cooperation between the two countries and proposed that both sides continue to realise the signed cooperation agreement between the two parliaments by increasing their visit exchanges, especially among young parliamentarians and Friendship Parliamentary Groups.

Regarding economic cooperation, General Secretary To Lam called on the RoK to further open its market for Vietnamese exports, aiming to increase bilateral trade turnover to US$150 billion by 2030. He also stressed the need for both sides to ramp up cooperation in labour and training of high-quality human resources.

He expected that the RoK would pay attention to and create more favourable conditions for Vietnamese expatriates to integrate, live, study, and work in the RoK, and to become members of the Korean National Assembly in the near future.

Speaker Woo Won-sik, for his part, welcomed General Secretary To Lam’s visit, which he said, would add fresh impetus to cooperation between the two parliaments and strengthen comprehensive relations between the RoK and Vietnam.

He congratulated Vietnam on its recent development achievements under the leadership of the Communist Party of Vietnam and General Secretary To Lam, and expressed his belief that with its potential and determination, Vietnam would continue to develop even more strongly in the coming time and soon achieve the goal to become a developed high-income country by 2045.

Both host and guest agreed that Vietnam – RoK relations are flourishing across all fields, with parliamentary cooperation playing a vital role in increasing effective economic, trade, and investment connectivity.

Exchanging views on regional and international issues, the leaders agreed to strengthen cooperation at multilateral forums such as the Inter-Parliamentary Union (IPU) and the Asian Parliamentary Assembly for Peace (AAPP).

They shared a common vision to ensure security, safety, freedom of navigation and aviation in the East Sea, known internationally as the South China Sea. They committed to maintaining peace, stability, legal order, and peacefully resolving disputes in accordance with international law and the 1982 United Nations Convention on the Law of the Sea (UNCLOS).

Vietnam and RoK vow to expand economic cooperation at Seoul forum

VOV.VN - Vietnam and the Republic of Korea (RoK) have reaffirmed their commitment to expanding bilateral economic, trade, and investment cooperation across multiple sectors, toward the ambitious targets of achieving US$100 billion in bilateral trade by 2025 and US$150 billion by 2030.