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Parliamentary cooperation plays an important role in overall Vietnam-China cooperation.

VTC NewsVTC News23/06/2023


National Assembly Chairman Vuong Dinh Hue warmly welcomed and highly valued the President and his wife and the high-ranking Korean delegation's State visit to Vietnam; affirmed that the Party, National Assembly and Government always attach importance to and wish to develop friendly and cooperative relations with Korea, considering Korea an important, long-term partner and a top priority partner, not only in the fields of economics , trade and investment but also in many other fields. Therefore, he suggested that the two sides continue to maintain and increase exchanges of high-level delegations at all levels through all Party, National Assembly and Government channels and enhance people-to-people exchanges.

Parliamentary cooperation plays an important role in overall Vietnam - Korea cooperation - 1

National Assembly Chairman Vuong Dinh Hue warmly welcomed and highly valued the President and his wife and the high-ranking Korean delegation's State visit to Vietnam.

The National Assembly Chairman emphasized that in the overall relationship between the two countries, cooperation between the two National Assemblies plays an important role and has achieved many positive results. The leaders of the National Assembly, specialized committees and the Vietnam - Korea Friendship Parliamentarians Group maintain regular exchanges and dialogues. The two sides closely cooperate and support each other in multilateral inter-parliamentary forums such as the IPU, APPF, ASEP, MSEAP, actively contributing to maintaining peace, stability and cooperation in the region and the world .

According to National Assembly Chairman Vuong Dinh Hue, economic, trade and investment cooperation between the two countries has been developing very strongly, is a pillar, and has become a driving force for other areas of cooperation; highly appreciated the contributions of the Korean business community in Vietnam, including business implementation as well as comments on Vietnam's legal system; expressed his impression of the Korean business delegation accompanying the President during the visit; hoped that this visit would create new momentum for the relationship between the two countries.

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The National Assembly Chairman emphasized that in the overall relationship between the two countries, cooperation between the two National Assemblies plays an important role and has achieved many positive results.

National Assembly Chairman Vuong Dinh Hue suggested that the two countries further enhance trade facilitation, continue to promote the scale of bilateral trade according to the set goals towards balance and sustainability, and prevent Vietnam from having a large trade deficit with South Korea. The Vietnamese National Assembly is always ready to create favorable conditions for Korean investors and businesses to have a long-term presence, expand and succeed in Vietnam.

The National Assembly Chairman affirmed that the National Assembly and the Government of Vietnam attach great importance to and will continue to create favorable conditions for Korean investors to invest in Vietnam. The National Assembly of Vietnam has requested the Government to carefully review issues related to the global minimum tax in order to continue to maintain and enhance Vietnam's competitiveness in attracting investment. The National Assembly of Vietnam is expected to consider this issue at its session later this year; hoping that Korea will share its experience with Vietnam on the issue of global minimum tax.

The National Assembly Chairman announced that at the ongoing session, the Vietnamese National Assembly has approved amendments to visa regulations with breakthroughs in facilitating foreigners to enter, reside in, and exit Vietnam. The National Assembly will discuss with the Government the issue of work permits to create maximum convenience for Korean expert workers to enter Vietnam.

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The National Assembly Chairman affirmed that the National Assembly and Government of Vietnam attach great importance to and will continue to create favorable conditions for Korean investors to invest in Vietnam.

The National Assembly Chairman hopes that the President will pay attention to expanding the scale of ODA provision to Vietnam, increasing the level of incentives and adding non-binding loan conditions for Korean loans to Vietnam in the Korean Economic Development and Cooperation Fund (EDCF), helping to soon complete the necessary procedures so that Vietnam can soon access loans in the Korean Economic Development Promotion Fund (EDPF), promoting the implementation of the Framework Agreement for these two frameworks.

The two countries continue to promote cooperation in the field of defense and security, commensurate with the comprehensive strategic partnership between Vietnam and Korea.

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The National Assembly Chairman hopes that the President of South Korea will pay attention to expanding the scale of ODA provision to Vietnam.

The National Assembly Chairman also suggested that the two countries continue to promote cooperation in other areas such as: labor cooperation: promoting cooperation in seasonal labor, holiday labor; The two governments should soon implement the agreement on Social Insurance signed between the two National Assemblies in December 2021. This is the first agreement that Vietnam has signed with another country.

Regarding science and technology, I hope that Korea will support the operation of VKIST Institute in phase 1. Soon support phase 2, encourage large Korean corporations to open innovation centers and R&D centers in Vietnam; sponsor exchange programs for Vietnamese and Korean students, including young delegates/parliamentarians. This is the future of Vietnam - Korea relations in the next 30 years.

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The two countries continue to promote cooperation in the field of defense and security, commensurate with the comprehensive strategic partnership between Vietnam and Korea.

The National Assembly Chairman suggested that the two sides cooperate closely and support each other on international and regional issues of mutual concern; welcomed the Republic of Korea to continue contributing to and strengthening cooperation within the framework of ASEAN - Republic of Korea, Mekong - Republic of Korea and closely coordinate with Vietnam in its role as the coordinator of ASEAN - Republic of Korea relations for the 2021-2024 period; the Republic of Korea supports and shares a common vision on ensuring security, safety, freedom of navigation and aviation in the East Sea; affirmed that Vietnam is always interested in and ready to actively contribute to the process of denuclearization of the Korean Peninsula.

South Korean President Yoon Suk Yeol affirmed that the South Korean-Vietnamese relationship has had close cooperation in recent times, becoming a model for the East Asian region; expressing hope that, based on the foundation of the past 30 years, on the basis of the Comprehensive Strategic Partnership, a new cooperation will open up in the future.

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South Korean President Yoon Suk Yeol affirmed that the South Korean-Vietnamese relationship has had close cooperation in recent times, becoming a model for the East Asian region.

President of the Republic of Korea Yoon Suk Yeol said that the National Assembly of the two countries is a legislative body, with the support of the National Assembly Chairman, it will have great and vibrant impacts on the relationship between the two countries; affirmed that the achievements of the two countries over the past 30 years, the Vietnamese National Assembly has actively supported the legal aspect of bilateral cooperation; hoped that in the coming time, with the function of the National Assembly, it will continue to promote the relationship between the two countries.

Sharing and agreeing with the proposals of National Assembly Chairman Vuong Dinh Hue in various fields, the President of the Republic of Korea said that the two sides need to cooperate more closely in the international arena and multilateral forums; and suggested that the Vietnamese National Assembly create more favorable conditions in the legal environment for Korean enterprises to invest and do business long-term in Vietnam, especially in the high-tech sector.

The President of the Republic of Korea wishes to promote science and technology training for the future generation of Vietnam to study at leading schools in Korea, in order to contribute to the development of science and technology in Vietnam; at the same time, serve as a bridge between Korea and Vietnam in the future.

Le Tuyet (Source: VOV)


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