Deputy Prime Minister Tran Luu Quang gave a reception in Hanoi on March 19 for President of the Korea International Cooperation Agency (KOICA) Chang Won-sam, during which the guest said official development assistance (ODA) from the Republic of Korea (RoK) for Vietnam will increase to more than 52 million USD, nearly doubling the figure of 2023.
Deputy Prime Minister Tran Luu Quang (right) receives President of the Korea International Cooperation Agency (KOICA) Chang Won-sam in Hanoi on March 19. (Photo:VNA)
Hanoi (VNA) – Deputy Prime Minister Tran Luu Quang gave a reception in Hanoi on March 19 for President of the Korea International Cooperation Agency (KOICA) Chang Won-sam, during which the guest said official development assistance (ODA) from the Republic of Korea (RoK) for Vietnam will increase to more than 52 million USD, nearly doubling the figure of 2023.
The Deputy PM highly appreciated the RoK’s ODA for Vietnam, saying that it has contributed to Vietnam’s socio-economic development. He hoped that the RoK will become Vietnam's largest ODA provider in the near future.
He highlighted that development cooperation is a focus of the comprehensive strategic partnership between Vietnam and the RoK. By the end of 2023, the Korean Government's non-refundable aid through KOICA to Vietnam had reached about 600 million USD.
Quang proposed KOICA in general and the KOICA President personally continue their support, contributing to the development of the ties between the two countries in general and between Vietnam and KOICA in particular. The Deputy PM wished that the RoK will continue to increase the scale of non-refundable aid to Vietnam, especially in innovation, digital transformation, and high-tech development.
He also proposed KOICA consider urging the Korean Government to have official commitment to a rural power supply project in Vietnam’s northern province of Dien Bien.
For his part, KOICA President Chang Won-sam said that his current visit to Vietnam is to assess the implementation of KOICA's projects in Vietnam and discuss cooperation orientations to concretise ODA commitment for the 2024-2027 period by Korean President Yoon Suk-yeol during his visit to Vietnam last June.
The Korean government and KOICA attach great importance to relations with Vietnam, he added.
💜 Established in 1991, KOICA is in charge of non-refundable aid projects of the Korean Government, with the increasing capital scale. In recent times, KOICA's ODA projects in Vietnam have focused on public administration, health care, and education. The two sides are considering the expansion to such new areas as climate change adaptation and digital transformation./.
Vietnam's Ministry of Finance and State Securities Commission (SSC) organised a financial investment promotion conference in the Republic of Korea (RoK) themed "Vietnam - Investment Destination" in Seoul on March 7.
Vietnam and the Republic of Korea (RoK) boast huge potential for economic and trade cooperation, especially after their ties were upgraded to a Comprehensive Strategic Partnership, Vietnamese Minister of Finance Ho Duc Phoc said on March 8.
Departments and Tra Vinh University in the Mekong Delta province of Tra Vinh signed cooperation agreements with partners from the Republic of Korea (RoK) in various fields on March 11.
The Republic of Korea (RoK) is promoting negotiations to improve the Free Trade Agreement (FTA) with the Association of Southeast Asian Nations (ASEAN) to further benefit businesses.
Vietnam, one of the world’s leading agricultural exporters, wants to bolster cooperation in the field with the Republic of Korea (RoK) who boasts strengths in applying advanced technology into cultivation and processing, Minister of Agriculture and Rural Development Le Minh Hoan said on March 18.
The programme to eliminate temporary and dilapidated houses has achieved notable results, with nearly 263,000 housing units addressed to date, including 225,000 houses inaugurated and 38,000 under construction. Thirty-eight provinces and cities across the nation have already fulfilled their targets.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.