HCM City, Seoul people-elected agencies augment cooperation

At the event, Kien stated that the Seoul delegation’s visit will open up fresh cooperation opportunities between the people’s councils of both localities, adding the legislative bodies of the Vietnamese southern economic hub and the RoK's localities boast huge collaboration potential.

He suggested the two cities bolster cooperation in economy, experience exchange, and training of high-quality human resources, as well as incentivize enterprises from the RoK, especially Seoul, to seek cooperation opportunities in HCM City and Vietnam as a whole.

Korean enterprises have poured roughly US$5.5 billion into 2,159 projects in HCM City, ranking fourth among 120 countries and territories having investment in the city, he said, adding the number of Korean visitors to the city has increased over the past time – a vivid illustration for the sound relations between Vietnam and the RoK, and between HCM City and Korean localities.

In response ,Kim showed his elation over the robust development in the Vietnam-RoK ties, especially after the two nations upgraded their relations to a Comprehensive Strategic Partnership in 2022.

Highlighting HCM City’s economic development potential, Kim said the Seoul Metropolitan Council stands ready to share its development experience with the Vietnamese city, including support for startup ecosystem and business connectivity.

Seoul will continue fostering cooperation ties with HCM City in economy and education-training, he said, expressing his hope that the two people’s councils will accelerate discussions towards the signing of an agreement to bolster closer cooperation.

He used the occasion to thank HCM City for offering favourable conditions for Korean citizens to study and work in the city, and pledged to see the Vietnamese community in Seoul as part of the capital city’s population as well as take care of and ensure safety for them.