NA Chairman Vuong Dinh Hue (right) and President of the RoK-Vietnam Friendship Parliamentarians’ Group Kim Tae-nyeon. (Photo: VNA)

Hanoi (VNA) – Chairman of theVietnamese National Assembly Vuong Dinh Hue expressed his delight at thedevelopment of ties between Vietnam and the Republic of Korea (RoK) during a reception inHanoi on August 24 for President of the RoK-Vietnam Friendship Parliamentarians’Group Kim Tae-nyeon.

Hue spoke highly of results of meetings and exchangesbetween the two friendship parliamentarians’ groups, considering them practical activities on the occasion of the 30th anniversary ofbilateral diplomatic relations this year, contributing to further deepening the Vietnam –RoK strategic partnership in general and ties between the two legislatures inparticular.

He said he noted with pleasure that relations between the twolegislatures, and between the two friendship parliamentarians’ groups have beengrowing, contributing to realising agreements reached by the two countries’ leaders and another by the legislatures in 2013.

He hailed the RoK as one of the top economicpartners of Vietnam, ranking first in investment, second in officialdevelopment assistance, and third in trade. Both sides have regularlymaintained bilateral cooperation mechanisms while people-to-people exchangeshave become more frequent, with about 170,000 Koreans living in Vietnam and200,000 Vietnamese in the RoK. About 65,000 multi-cultural families have servedas a bridge linking the two nations together.

Kim, for his part, recalled the Vietnam visitby President of the RoK NA Park Byeong-seug in 2020 and Hue’s visit to the RoKin 2021 amid COVID-19 pandemic as evidence of fine bilateral ties.

He informed the host about his working sessionwith⛦ the Vietnam – RoK Friendship Parliamentarians’ Group led by its ChairwomanNguyen Thi Thanh.

NA Chairman Vuong Dinh Hue (R) and President of the RoK-Vietnam Friendship Parliamentarians’ Group Kim Tae-nyeon (Photo: VNA)

He described Vietnam as one of the key partnersof the RoK not only in Southeast Asia, but also in Indo-Pacific. Over the pastthree decades, the two countries have reaped positive results in politics,economy and culture. He believed that there remains room for bilateral cooperation to expand, especially in strategic fields and goals set during Hue’s visit tothe RoK last year. Both sides set the goal of lifting two-way trade to 100billion USD in 2023 and 150 billion USD in 2030 in a balanced and sustainablemanner. They will boost collaboration in climate change response, healthcare, national defence-security and cultural exchange.

Stressing that new President of the RoK NA Kim Jin-pyo pays special attention to the development of ties with Vietnam,Kim Tae-nyeon expressed his belief that relations between the two legislatures willthrive.

The guest wished that Vietnam would support theRoK in hosting the 2030 Busan World Expo.

The RoK Government is paying attention tomeasures to ensure long-term stability and diversity of material supply chainso the RoK wishes for Vietnam’s cooperation in key areas of global supply chain, hesaid, adding that he hopes the Vietnamese top legislator will help Korean firmsand financial organisations expand operations and open branches in Vietnam,thus attracting more Korean investments in the country.

Hue also shared his view that both sides shouldcontribute to maintaining the long-term stability of the global supply chain,especially in the current context.

According to him, the two friendship parliamentarians’groups should step up exchanges in spec🍰ific fields such as women, health care,education and training. More attention should be also paid to the Vietnamesecommunity in the RoK as well as the Korean community in Vietnam.

Apart from the State support, he said theycould offer mutual support in different forms to contribute to bilateral ties.

Hue told his guest that Vietnam’s economic growth reached 7.72% inthe second quarter and inflation was low. The Vietnamese NA is also preparingfor a socio-econo💃mic forum in September to discuss consolidating macro-economicfoundations, thus ensuring the effective operations of foreign investors. Followingthe forum, the legislature expects to issue important policies in its fourthmeeting later this year./.