Southern metropolis boosts comprehensive co-operation with RoK’s province
VOV.VN - Nguyen Thi Le, chairwoman of the Ho Chi Minh City People’s Council, welcomed a delegation on May 17 from the Gyeongsangbuk Provincial Council of the Republic of Korea (RoK), led by its chairman Bae Han Chul.
Le showed her elation at the strong development recorded in the mutual relationship, demonstrated through exchanges in many areas such as politics, economics, trade, investment, culture, and education.
Both nations officially upgraded ties to the level of “Comprehensive Strategic Partnership” in December, 2022, 30 years after the official establishment of their diplomatic relations on December 22, 1992.
The Southern metropolis regards the RoK as being one of its closest and most trustworthy partners, Le said, adding that the country is currently the city’s fourth largest investor, with nearly 2,200 projects under operation at a total investment value of US$5.5 billion.
Around 80,000 Korean citizens and 2,000 Korean businesses are based in the city, thereby contributing to its development and ramping up co-operative relations between the two countries.
Ho Chi Minh City has established friendly and co-operative relations with eight localities in the RoK, including Gyeongsangbuk province.
During the past few years the southern city and Gyeongsangbuk have launched a broad range of effective co-operation activities, such as working trips, supporting each other during the COVID-19 pandemic, cultural exchanges, and trade facilitation.
Le said she hopes that the Gyeongsangbuk Provincial Council will incentivise Korean businesses and investors to seek greater co-operation activities in the southern city in key areas such as infrastructure development, innovation, bio-technology, automation, green economy and clean energy.
Bae Han Chul said that the both nations have a rich history of cultural exchanges, with the two country’s relations growing ever stronger.
Gyeongsangbuk has advantages in industry, information technology, high-tech agriculture, and tourism. Gyeongsangbuk’s strengths are areas that Ho Chi Minh City is paying attention to, which makes for great co-operation opportunities between the two localities.
The province also has a provincial representative office in the southern city, whilst many businesses from the province are partners with RoK corporations in Vietnam. This will further facilitate investment, trade, and cultural exchange activities between Ho Chi Minh City and Gyeongsangbuk.
