According to the MoEL, the MoU will be signed during MoEL Minister Lee Ki-kweon’s visit to Vietnam on May 17.
The ministry said the decision comes after RoK enterprises employing foreign labourers asked the RoK Government to re-sign the MoU, saying that Vietnamese labourers adapt well to new working environments and quickly acquire skills.
In addition, Vietnam has also put forth a plan to improve the management of its guest workers and curb the number of Vietnamese overstaying their visas in the RoK.
Minister Lee Ki-kweon is scheduled to meet his Vietnamese counterpart to discuss Vietnam’s industrial safety, the labour information system and the labour law.
Minister Lee will also meet with Deputy Prime Minister Vu Duc Dam to discuss expanding labour exchange and solving problems relating to administrative procedures in attracting investment.
The MoEL reported that around 10,000 RoK employees are working at 3,300 RoK enterprises in Vietnam. It added that the Southeast Asian country recently tightens the issue of visa to foreign workers, which can cause difficulties to RoK companies in dispatching their employees to work there.