Vietnam wants businesses from the Republic of Korea (RoK) to continue strong investment in Vietnam, maintaining its position as a leading foreign investor in the country, said the State President.
Vietnam has many areas calling for foreign investment, President Nguyen Minh Triet told new RoK Ambassador to Vietnam Park Suk-hwan, who presented his credentials in Hanoi on May 5.
The President urged Ambassador Park Suk-hwan to closely work with Vietnamese agencies to boost trade and socio-cultural cooperation between the two countries, especially in improving bilateral trade balance.
At the reception, President Triet expressed his pleasure at the bilateral ties’ development in all areas within the framework of the “Strategic cooperative partnership” reached during the Vietnam visit by President Lee Myung-bak last October.
He praised the Vietnam-RoK inter-governmental committee on economic and scientific-technological cooperation’s plan to hold its session in July as well as efforts of relevant agencies in accelerating negotiations to reach a Vietnam-RoK free trade agreement.
Ambassador Park Suk-hwan pledged to spare no effort to serve as a bridge in bilateral ties, helping raise the two-way trade to 20 billion USD by 2015.
Many RoK firms are interested in investment in Vietnam. The RoK also pays attention to promoting Vietnam’s image among its public, striving to become a top foreign investor in the southeast Asian country, according to the ambassador.
RoK authorities also care about living conditions of Vietnamese brides and workers in the RoK, he added./.