2015 sees breakthrough in Vietnam-RoK ties: Ambassador
2015 is a successful year for the relations between Vietnam and the Republic of Korea, particularly with breakthroughs in bilateral economic ties, said Vietnamese Ambassador to the RoK Pham Huu Chi.
Ambassador to RoK (R) grant an interview to Vietnam News Agency (Photo: VNA)
Seoul (VNA)⛦ – 2015 is a successful year for the relations between Vietnam and the Republic of Korea (RoK), particularly with breakthroughs in bilateral economic ties, said Vietnamese Ambassador to the RoK Pham Huu Chi.
The diplomat highlighted several major investment projects of the RoK in Vietnam, bringing the total RoK investment capital in Vietnam to nearly 50 billion USD as of the end of 2015.
Bilateral trade also surged by a year-on-year 23 percent to 36 billion USD despite a downturn in commercial activities around the world in general and in the RoK in particular.
Ambassador Chi noted that the approval of the Vietnam-RoK free trade agreement on December 20, 2015 is expected to open up a new phase in economic cooperation between the two countries.
Cooperation in other fields, from tourism, culture to labour also saw progress, the ambassador said.
He was optimistic that bilateral ties will see stronger growth in 2016, especially with the approval of the FTA. In addition, RoK businesses are increasing their investment in Vietnam in anticipation of opportunities brought about by the Trans-Pacific Partnership agreement, to which Vietnam is a member.
“Based on those positive trends, the goal of raising bilateral trade turnover to 70 billion USD by 2020 is within reach,” the ambassador said, adding that the target may even be fulfilled ahead of schedule.
Regarding labour cooperation, Ambassador Chi said the embassy has coordinated closely with the Ministry of Labour, Invalids and Social Affairs to address the problem of overstaying Vietnamese workers in the RoK, paving the way for the re-signing of an MoU on sending more workers to the RoK in the time ahead.
According to the diplomat, the Vietnamese community in the RoK number more than 130,000. He said the community have conducted numerous activities to support each other in life, preserve the national cultural characteristics and help disadvantaged people in their homeland.-VNA
Experts from Vietnam and the Republic of Korea (RoK) have gathered at a seminar in Hanoi to seek ways to foster the bilateral relationship in the new context.
Creditors and entrepreneurs from Vietnam and the Republic of Korea (RoK) gathered at a workshop in Ho Chi Minh City on December 4 to boost economic-financial cooperation.
Republic of Korea (RoK) businesses have poured additional 6.72 billion USD into Vietnam, making the RoK the largest among 62 foreign investors in the Southeast Asian nation.
Party General Secretary To Lam and his spouse Ngo Phuong Ly, along with a high-ranking delegation of Vietnam arrived in Seongnam Air Base in Seoul on August 10 afternoon (local time), beginning a state visit to the Republic of Korea from August 10-13.
General Secretary of the Communist Party of Vietnam Central Committee To Lam and his spouse Ngo Phuong Ly departed from Hanoi on August 10 morning for a four-day state visit to the Republic of Korea (RoK), which is made at an invitation of RoK President Lee Jae Myung.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
Ambassador to RoK (R) grant an interview to Vietnam News Agency (Photo: VNA)
