Mr. Hai made the statement when receiving the RoK Minister of Trade, Kim Jong-Hoon on March 22.

The Deputy PM hailed the practical results of the RoK Ministry’s delegation in Vietnam, especially the promotion of the negotiation process to sign the free trade agreement between the two countries.

For his part, the RoK Minister said that the visits of the RoK President, Lee Mung-Bak, and the RoK Chairman of Parliament, Kim Hong O, last year have opened up great opportinities for trade and investment cooperation between the two states.

“The RoK will give priority to investment in building power plants and cooperating with Vietnam in nuclear power research in the near future,” he said.

 The RoK is among Vietnam’s most important investment partners with more than 2,000 projects worth over US$16 billion and generating half of million jobs. Total two-way trade revenue between Vietnam and the RoK is nearly US$9 billion. The two countries plan to increase the trade volume to US$20 billion by 2015.