PM Pham Minh Chinh meets RoK President

During the meeting, the Vietnamese Government chief conveyed regards of General Secretary Nguyen Phu Trong and President Vo Van Thuong to President Yoon Suk-yeol.

He showed his elation at the tremendous achievements in the relationship between the two nations over the past three decades since the establishment of bilateral diplomatic ties in 1992, including the upgrade of the bilateral relationship to a comprehensive strategic partnership.

Both countries share many similar strategic interests in the development of each country as well as views on various international and regional issues, especially the promotion of the role of international law, multilateralism, and the putting of people at the centre of service, Chinh told the RoK President.

In its foreign policy approach, Vietnam consistently treasures its relationship with the RoK, and aspires to deepen cooperation between the two nations, with a focus on economic and trade cooperation as the core and political trust as the foundation, contributing to peace and prosperity in the region and the world.

On Vietnam's socio-economic development orientations, the Vietnamese cabinet leader stated that the country is building a socialist law-governed state, a market-oriented socialist economy, and socialist democracy that takes the people as the centre, the objective, the subject, and the driving force for development.

In that spirit, PM Chinh suggested the RoK continue to cooperate and support Vietnam in five specific areas, including capital, technology, human resources, institutional building, and management.

He underlined the need for the two sides continue to boost economic, trade, and investment cooperation, with the goal of achieving a balanced and healthy trade of US$150 billion by 2030.

He also welcomed RoK businesses to invest in major infrastructure projects in Vietnam and affirmed that the State, Government, and relevant agencies of Vietnam will continue to offer favourable conditions for the RoK's businesses to invest and expand their investment in the country in the time ahead.

President Yoon Suk-yeol agreed with the Vietnamese leader on the assessment of the outstanding results of bilateral ties over time, and affirmed that Vietnam is one of the RoK's top important partners in the region, as demonstrated by the fact that Vietnam is its third-largest trading partner.

Regarding orientations for relationship development, the RoK stays ready to work with Vietnam for closer cooperation in various fields, especially in the areas where the RoK has strengths and Vietnam has needs, such as science and technology and innovation, contributing to the socio-economic development and improving the lives of people in both countries, he said.

The RoK President said he believes that on the basis of the comprehensive strategic partnership, the two countries' ties will grow and flourish in the future.

The two leaders also affirmed that practical measures will be taken to support the Vietnamese community in the RoK and the Korean community in Vietnam.

Both sides consented to continue to exchange views and boost coordination on international and regional issues of shared concern at multilateral cooperation mechanisms and international organisations, as a contribution to maintaining  peace, stability, cooperation, and development in the region and the world as a whole.