Senior leaders extend greetings on 30th anniversary of Vietnam-RoK diplomatic ties
VOV.VN - Party General Secretary Nguyen Phu Trong and President Nguyen Xuan Phuc sent messages of greetings to President of the Republic of Korea (RoK) Yoon Suk-yeol on the occasion of the 30th anniversary of bilateral diplomatic relations.
Prime Minister Pham Minh Chinh also offered his congratulations to his RoK counterpart Han Duck-soo, and National Assembly Chairman Vuong Dinh Hue sent his greetings to Speaker of the RoK National Assembly Kim Jin-pyo.
The leaders shared the view that over the past three decades, the bilateral relationship has recorded great achievements across a multitude of fields, and mutual trust and understanding have been further consolidated.
They emphasized that the upgrading of the relationship to a comprehensive strategic partnership, made during the visit to the RoK by President Phuc earlier this month, is of significance as it opens up a new period of development for the ties.
The leaders agreed to work hand in hand to boost the relationship, making it more substantive, effective and comprehensive in the time ahead, thus bringing pragmatic interests to the two countries’ people, for peace, stability, cooperation and development in the region and the world.
On this occasion, Minister of Foreign Affairs Bui Thanh Son exchanged greetings with his RoK counterpart Park Jin.
As of September 2022, the RoK remained the biggest foreign investor in Vietnam with US$80.52 billion, accounting for 18.6% of the total investment in the country.
With US$1.2 billion in preferential loans from the Economic Development Cooperation Fund (EDCF) for 2012-2015 and US$1.5 billion for 2016-2020, the RoK was the second biggest provider of official development assistance (ODA) for Vietnam.
The RoK was also the third biggest trade partner of Vietnam with two-way trade of US$66.65 billion in 2019, US$65 billion in 2020 and US$78 billion in 2021.
On the back of the Vietnam-Korea Free Trade Agreement (VKFTA) and the Regional Comprehensive Economic Partnership (RCEP), Both nations are looking toward US$100 billion in bilateral trade next year and US$150 billion by 2030, by creating optimal conditions for Vietnamese exports of agro-aquatic products and seasonal fruits.