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VN calls on Korean investors to join mega infrastructure projects

VGP – PM Nguyen Xuan Phuc suggested Viet Nam and the Republic of Korea (RoK) take measures to increase bilateral trade value to US$100 billion by 2020 in a balanced manner, during his latest reception for Korean FM Kang Kyung Wha.

March 10, 2018 6:36 PM GMT+7

PM Nguyen Xuan Phuc welcomes Korean FM Kang Kyung Wha at the Government Office in Ha Noi on March 9, 2018. Photo: VGP

DPM PM, FM Minh holds talks with Korean FM

The measures should include facilitating Vietnamese exports, including fruits and aquatic products, to the Korean market in 2018, he said.

The Government chief expressed his hope that the RoK would continue to be a leading foreign investor in Viet Nam and called for Korean investors’ involvement in mega infrastructure development projects like Long Thanh International Airport, North-South expressway, equitization of State-owned enterprises, and restructuring of commercial banks.

He also called on the RoK to focus on technology transfer, help Vietnamese companies to join Korean business giants’ production chain.

The Government of Viet Nam will create every favorable conditions for Korean investors to be successful in Viet Nam, PM Phuc affirmed.

He took the occasion to ask the RoK to increase manpower import from Viet Nam and people-to-people exchanges to enhance mutual understanding between the two countries.

FM Kang Kyung Wha affirmed her country attaches great importance to the ASEAN-RoK cooperation, in which Viet Nam plays a key role.

As the RoK plans to host ASEAN-RoK Special Summit in 2019, the Korean FM called for Viet Nam’s support for this event.

She affirmed that the RoK backs Viet Nam’s position on the East Sea.

During her official visit to Viet Nam from March 8-10, Kang Kyung Wha also had a bilateral talks with Vietnamese Deputy PM, FM Pham Binh Minh./.

By Thuy Dung