Vietnam and the Republic of Korea (RoK) have agreed to boost cooperation in trade, industry and energy to support businesses amid global economic uncertainties.

National Assembly (NA) Vice Chairwoman Nguyen Thi Thanh received in Hanoi on August 28 visiting Minister of Small- and Medium-sized Enterprises and Startups Oh Young Joo of the Republic of Korea, proposing the guest continue coordination with Vietnamese agencies to strengthen economic cooperation and promote the implementation of measures to increase bilateral trade.

VOV.VN - Vietnam has committed to creating the optimal conditions for the Republic of Korean businesses to operate successfully in the country, aiming to raise two-way trade turnover to US$150 billion by 2030, said Minister of Finance Ho Duc Phoc at an investment promotion conference held in Seoul, the RoK, on March 7.

A Vietnam - Republic of Korea (RoK) trade promotion week kicked off in the northern city of Hai Phong on September 1.

VOV.VN - Vietnam slipped into a trade deficit of US$10.8 billion with the Republic of Korea (RoK) in the first five months of this year, marking a decrease of 38.3% compared to the same period from last year.

Trade between Vietnam and the Republic of Korea (RoK) has witnessed a strong growth over the past time, with tremendous room noticed for future development of the ties.

VOV.VN - A Vietnam - Republic of Korea (RoK) business week is running from October 31 and November 2 in Ho Chi Minh City focusing on Business To Business (B2B) trade promotion in the fields of environmentally-friendly technology, smart farming, and smart health.