Vietnam, RoK seek to deepen bilateral ties

Deputy Prime Minister Truong Hoa Binh has called on Vietnam and the Republic of Korea (RoK) to increase the exchange of high-ranking visits and meetings in order to enhance political trust, expand cooperation and deepen their bilateral ties. 

At a reception for President of the RoK-Vietnam Friendship Parliamentarians Group Kim Hack-yong in Hanoi on September 22, the Deputy PM said the two sides should devise a coordination plan to well prepare for President Moon Jae-in’s visit to Vietnam to attend the APEC Economic Leaders’ Meeting slated for November in the central city of Da Nang. 

Deputy Prime Minister Truong Hoa Binh (R) and President of the RoK-Vietnam Friendship Parliamentarians Group Kim Hack-yong
Deputy Prime Minister Truong Hoa Binh (R) and President of the RoK-Vietnam Friendship Parliamentarians Group Kim Hack-yong 

The Vietnamese Government always attaches importance to developing the strategic partnership with the RoK in the coming time, he affirmed, adding that Kim Hack-yong’s visit is significant to promoting the legislative ties in particular and the bilateral relationship between the two countries in general. 

Deputy PM Binh expressed his hope that the RoK National Assembly will continuously expand and increase the efficiency of economic and trade cooperation with Vietnam, while working on measures to reduce Vietnam’s trade deficit with the RoK. 

He also called for the Korean legislative body’s support in maintaining the RoK’s non-refundable aid and official development assistance (ODA) loans for Vietnam. 

The Deputy PM proposed the early signing of a credit framework agreement for 2016-2020 between the two countries, and maintained preferential loans for Vietnam from the Export-Import Bank of Korea (KEXIMBANK). 

He appealed to the RoK side to step up cultural, educational and tourism links with Vietnam, expand Korean and Vietnamese language teaching, especially Vietnamese language teaching for children of Vietnamese-Korean families, and facilitate visa granting for Vietnamese. 

For his part, Kim Hack-yong stressed that Vietnam and the RoK have become important partners in economy, trade, education, national defence and security.

The RoK will continue its position as Vietnam’s largest partner in terms of investment, ODA provision, tourism and trade.

He proposed the Vietnamese Government continue providing optimal conditions for Korean businesses to operate in the country.

VNA

Other News

National Assembly Chairman urges renovation in leadership, working style

National Assembly Chairman urges renovation in leadership, working style

The NA's Committee for Cultural and Social Affairs has moved fast to reshuffle its organisation after the 14th National Party Congress and the election of deputies to the 16th NA, updating its work agenda to match new directives set out in the resolutions of the 14th National Party Congress and the first Congress of the NA Party Organisation for the 2025–2030 term.

Vietnam treasures ties with Croatia: PM

Vietnam treasures ties with Croatia: PM

Vietnam and Croatia should strive to double bilateral trade turnover from the current level of 161 million USD; study the establishment of a Joint Committee on Economic Cooperation to create a long-term, stable, and effective framework for collaboration, said Prime Minister Le Minh Hung.

President Ho Chi Minh's enduring legacy highlighted at Venezuela commemoration

President Ho Chi Minh's enduring legacy highlighted at Venezuela commemoration

Vice President of the United Socialist Party of Venezuela (PSUV) Jesús Faria expressed deep admiration for President Ho Chi Minh and Vietnam’s indomitable struggle for national independence. He described President Ho Chi Minh as an immortal symbol of 20th-century national liberation movements, whose legacy continues to inspire leftist parties, progressive movements, and peoples across Latin America, including Venezuela.

Vietnam proposes key cooperation orientations at BRICS Foreign Ministers' Meeting

Vietnam proposes key cooperation orientations at BRICS Foreign Ministers' Meeting

Deputy Foreign Minister Nguyen Minh Hang shared Vietnam’s approach to building an independent and self-reliant economy linked to deep international integration, while proposing several key areas for enhanced cooperation between BRICS and partner countries at the Expanded BRICS Foreign Ministers' Meeting that opened on May 14 in India.

Vietnam asks parties to respect its sovereignty over Truong Sa

Vietnam asks parties to respect its sovereignty over Truong Sa

PSNews - The spokesperson stated that the dispatch of personnel by relevant parties to features belonging to Truong Sa without Vietnam’s permission constitutes a violation of Vietnam’s sovereignty under international law. She stressed that such actions run counter to the Declaration on the Conduct of Parties in the East Sea (DOC) as well as ongoing efforts by countries to negotiate a Code of Conduct in the East Sea (COC).

Hanoi to host ASEAN Future Forum 2026 in mid-June

Hanoi to host ASEAN Future Forum 2026 in mid-June

PSNews - Vietnam’s proposals placed the highest priority on ensuring a peaceful and stable environment conducive for continued sustainable development and improving the well-being and happiness of the ASEAN people. They were praised by member states and incorporated into the core contents of the ASEAN Leaders’ Statement on the response to the Middle East crisis.

Vietnam promotes cooperation with United Nations on crime prevention

Vietnam promotes cooperation with United Nations on crime prevention

Vietnam highly values the support of the United Nations Office on Drugs and Crime (UNODC) in strengthening national capacity in crime prevention and criminal justice, drug control, and addressing emerging challenges, particularly cybercrime, said Ambassador Vu Le Thai Hoang.

Party, State leader calls for consolidation of central steering committees on legal, judicial reform

Party, State leader calls for consolidation of central steering committees on legal, judicial reform

Consolidating the central steering committees for institutional and legal reform and for judicial reform is necessary in order to streamline organisational structures without reducing responsibilities, while ensuring clear accountability, measurable outputs and concrete results. Following the restructuring, the body will be renamed the central steering committee for institutional improvement and law enforcement, with the Party General Secretary and State President serving as its head.

Vietnam strives for substantive outcome at NPT review conference

Vietnam strives for substantive outcome at NPT review conference

At the meeting this week, Ambassador Viet briefed the UNGA President on developments during the first two weeks of the conference. He stressed that the current international geopolitical landscape poses numerous complex challenges, while reaffirming Vietnam’s determination, together with other member states, to promote substantive and balanced outcomes at the conference.

Top leader of Vietnam receives Vientiane official in Hanoi

Top leader of Vietnam receives Vientiane official in Hanoi

The host leader stressed that cooperation between localities, particularly between the capitals of Hanoi and Vientiane, plays an especially important role as a pioneering force in effectively implementing the foreign polices of the two Parties and States, while also serving as a bridge between politics and development, as well as between strategy and concrete action.