Vietnam pledges to facilitate South Korea's business investment

Party General Secretary Nguyễn Phú Trọng holds phone talks with South Korean President Moon Jae-in on July 15, 2021. - VNA/VNS

HANOI (Vietnam News/ANN): Vietnam will continue to create favourable conditions for businesses from South Korea to expand investment in Vietnam, Party General Secretary Nguyễn Phú Trọng said while holding phone talks with South Korean President Moon Jae-in on Thursday (July 15).

Trọng affirmed that Vietnam attaches great importance to relations with South Korea – an important and long-term strategic partner of Vietnam.

During the phone talks, President Moon Jae-in congratulated Vietnam on the successful organisation of two important events – the 13th Party Congress and the election of deputies to the 15th National Assembly.

Moon also congratulated Trọng on his re-election as General Secretary of the Central Committee of the Communist Party of Vietnam (CPV) in the 13th tenure, expressing his belief that under the leadership of the CPV led by General Secretary Nguyễn Phú Trọng, Vietnam will continue to control the Covid-19 pandemic well and realise the socio-economic development goals set at the Party Congress.

According to Trọng, the Party Congress had put forward development goals and orientations for the next five years and set visions until 2030 and 2045.

Vietnam will continue comprehensive and synchronous đổi mới (reform) process and strive for sustainable growth at a fast pace, he said

He reiterated Vietnam's foreign policy of independence, self-reliance, peace, friendship, cooperation, development, diversification and multilateralisation; of proactive and active in-depth and comprehensive international integration.

Vietnam stands ready to be a trusted partner and an active, responsible member in the international community.

Moon affirmed the importance of relations with Vietnam and emphasised that Vietnam is a key partner in South Korea s expanded New Southern Policy.

South Korea will continue to support and co-operate closely with Vietnam in the prevention and control of the Covid-19 pandemic, he said.

Moon wishes to further strengthen the partnership between the two countries in economics, diplomacy, security and defence.

This aims to soon increase the bilateral trade turnover to US$100 billion and bring South Korean-Vietnam relations to new heights towards the 30th anniversary of the establishment of diplomatic relations between the two countries in 2022.

Party leader Trọng proposed South Korea continue to pay attention to and support the Vietnamese community in South Korea.

The two countries should continue to maintain flexible exchanges and contact at all levels, expand substantive cooperation in various fields, and promote co-operation in disease prevention and Covid-19 vaccine supply, Trọng said.

Also during the phone talks, the two leaders exchanged their views on regional and international issues of mutual concern. — Vietnam News/Asia News Network

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