RoK steps up defence cooperation with Philippines, Singapore
The Republic of Korea (RoK) signed memoranda of understanding (MoU) on defense cooperation with the Philippines and Singapore on November 26 on the sidelines of the ASEAN-RoK Commemorative Summit in the southern port city of Busan.
Korean President Moon Jae-in (R) and his Philippine counterpart Rodrigo Duterte (Source: YONHAP/VNA)
Hanoi (VNA) – The Republicof Korea (RoK) signed memoranda of understanding (MoU) on defense cooperationwith the Philippines and Singapore on November 26 on the sidelines of the ASEAN-RoKCommemorative Summit in the southern port city of Busan.
The Korean Defense AcquisitionProgram Administration (DAPA) chief, Wang Jung-hong, and Philippine DefenseSecretary Delfin Lorenzana inked the deal on the procurement of specificdefense materials, according to the DAPA.
The arrangement is expected to allowmore Korean companies to be able to make contracts with the Philippinegovernment so as to promote their defense exports to the Southeast Asiancountry, the DAPA said in a statement.
Meanwhile, the agreement withSingapore was about exchanging information on chemical, biological andradiological fields, the DAPA said, adding it will serve as a basis for the twonations to share related technologies and experience.
The same day, Malaysian PrimeMinister Mahathir Mohamad visited the headquarters of Korea AerospaceIndustries, Ltd. in the city of Sacheon, South Gyeongsang province, andinspected indigenous aircraft, such as FA-50 fighters and KUH Surionhelicopters, the agency said.
Sultan of Brunei Hassanal Bolkiahalso toured the 5th Air Mobility Wing in Busan, it added.
The Association of Southeast AsianNations (ASEAN) comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar,the Philippines, Singapore, Thailand and Vietnam./.
The Republic of Korea (RoK) and Singapore have agreed to enhance cooperation in the financial technology (fintech) sector, according to the RoK’s Financial Services Commission (FSC).
The Republic of Korea (RoK) and Singapore on November 23 reached an agreement to strengthen partnerships in various fields, including developing weapons and smart cities on the basis of the bilateral traditional cooperation.
The Republic of Korea (RoK) and Cambodia have agreed to launch a joint feasibility study on their potential free trade agreement (FTA) in a move to promote economic ties and expand exchanges, the Korean Ministry of Trade, Industry and Energy said on November 25.
The leaders of the Republic of Korea (RoK) and the Philippines agreed on November 25 to make joint efforts to reach a deal in their free trade negotiations within next year.
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Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
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Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
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The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
Korean President Moon Jae-in (R) and his Philippine counterpart Rodrigo Duterte (Source: YONHAP/VNA) 
