President’s state visit expected to further promote Vietnam-RoK relations
President Nguyen Xuan Phuc will lead a high-ranking delegation of Vietnam to pay a state visit to the Republic of Korea (RoK) from December 4-6 at the invitation of Korean President Yoon Suk-yeol.
Hanoi (VNA) – President Nguyen Xuan Phuc will lead ahigh-ranking delegation of Vietnam to pay a state visit to the Republic of Korea (RoK) from𒐪 December 4-6 at the invitation of Korean President Yoꩵon Suk-yeol.
President Phuc will be the first foreign senior leader to pay a state visit to the RoK since President Yoon took office, showing the RoK’s appreciation of its ties with Vietnam when the Vietnamese President will be welcomed with the highestrites. Vietnam and the RoK established their diplomatic relations on December 22, 1992but they had engaged in cooperative activities earlier. In August 2001, the two nations issued a joint statement on the comprehensive partnership in the 21st century on the occasion of Vietnamese President Tran Duc Luong's visit to the RoK. In October 2009, the bilateral ties were upgraded to a strategic cooperative partnership during the Vietnam visit by President Lee Myung-bak. On political, national defence-security cooperation, the exchangeof delegations and bilateral meetings have been maintained in both online andin-person formats. As of September 2022, the RoK remained the biggest foreign investorin Vietnam with 80.52 billion USD, accounting for 18.6% of the total investment in thecountry.
Illustrative image (Photo: VNA)
With 1.2 billion USD in preferential loans from the EconomicDevelopment Cooperation Fund (EDCF) for 2012-2015 and 1.5 billion USD for2016-2020, 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 66.65 billion USD in 2019, 65 billion USD in 2020 and 78billion USD in 2021. On the back of the Vietnam-Korea Free Trade Agreement (VKFTA) and the Regional Comprehensive Economic Partnership (RCEP), the two countries are lookingtoward 100 billion USD in bilateral trade next year and 150 billion USD by 2030, by creating favourable conditions for Vietnam’s exports of agro-aquatic products and seasonal fruits. The two countries are also working closely on regional and global issues ofshared concern, including the East Sea issue and Korean Peninsula, stepping upcoordination at multilateral forums and organisations as well as bilateral andmultilateral free trade deals of which both nations are members. Vietnam is the second biggest source of guest workers to theRoK, behind China, while the RoK was the second largest recipient of Vietnameseguest workers, behind Taiwan (China). At present, about 48,000 Vietnamese labourers areworking in the RoK. In recent years, the RoK has emerged as the second biggestsource of tourists to Vietnam, behind China, reaching 4.2 million in 2019, up23.1% from the previous year. The number of Vietnamese visitors to the RoK reached 550,000,up 21.9% year on year. Bilateral judicial, educational, agricultural and sci-techcooperation has also yielded fruits over the past years. Statistics showed that over 216,000 Vietnamese are living in theRoK, including over 37,000 manual workers under the Employment Permit System (EPS) programme and crewworkers while more than 180,000 Koreans are living and working in Vietnam, most of them arebusinesspeople. So far, most of Vietnamese cities, provinces and localities haveinked cooperation deals with Korean localities, organisations and businesses.Korean investors are now present in 59 localities, mostly in Bac Ninh, Hanoi, DongNai, Hai Phong, Thai Nguyen, and Ho Chi Minh City./.
A Vietnam-Korea literature conference was held on November 25 in Hanoi on the occasion of the 30th anniversary of the diplomatic relations between Vietnam and the Republic of Korea (RoK).
President Nguyen Xuan Phuc met with representatives from organisations of Republic of Korea citizens living and working in Vietnam on December 1, ahead of his State-level visit to the RoK at the invitation of his counterpart Yoon Suk-yeol.
The upcoming state visit to the Republic of Korea (RoK) by Vietnamese President Nguyen Xuan Phuc will be a big breakthrough in the relationship between the two countries, Minister of Foreign Affairs of the RoK Park Jin has affirmed.
President Nguyen Xuan Phuc's upcoming state visit to the Republic of Korea (RoK) from December 4-6 will open up a new chapter in Vietnam-RoK relations, Vietnamese Ambassador to the RoK Nguyen Vu Tung said in an interview granted to the Vietnam News Agency (VNA)'s resident correspondent in Seoul.
Vietnam is a country with which Russia shares a special relationship. In the 1950s and 60s, particularly during Vietnam’s struggle for independence, the two countries forged a deep bond. While much has changed over time, the friendship and cooperation between our nations have endured, said Russian President Vladimir Putin.
For 50 years, Vietnam and New Zealand have worked together to uphold peace and prosperity for their peoples and the region. The friendship, cooperation, and mutual understanding Vietnam and New Zealand nurtured have grown from a seed into a deeply rooted, strong, and thriving tree, she stressed.
Since the Strategic Partnership was established in 2020, Vietnam and New Zealand have witnessed steady growth in the relations. Beyond the remarkable 40% increase in bilateral trade over five years, political relations and multilateral interactions, particularly within the CPTPP framework, have remained highly positive.
Known as the “four pillars for Vietnam’s ascend”, the Pobiburo's Resolutions 57, 59, 66, and 68 focus on cultivating a robust national entrepreneurial spirit, unlocking resources for innovation across society, and accelerating the development of digital economy, knowledge-based economy, green economy, and circular economy, propelling Vietnam forward rapidly and firmly on the path of modernisation and international integration.
Minister of Finance Nguyen Van Thang cleared up deputies' concern regarding how to spur socio-economic growth, renew traditional growth motives and establish new momentum for development.
Vietnam proposed several priorities: narrowing the digital divide, strengthening women’s leadership in the digital economy and AI governance, and mobilising sustainable financing for gender equality initiatives in line with each country’s national priorities and context. Vietnam also advocated for genuine women’s participation and leadership across all areas of public life.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
President Nguyen Xuan Phuc (Photo: VNA) 
Illustrative image (Photo: VNA) 
