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RoK, Vietnam build firm foundations for the future

Update: 09-09-2013 | 00:00:00
The Republic of Korea (RoK) is set to push up a closer relationship with Vietnam in the near future, lifting bilateral ties to an even higher level, said Korean Republic President Park Geun-hye in a recent interview granted to the Vietnamese media. RoK President Park Geun Hye arrived in Hanoi on September 7 for her five-day State visit to Vietnam at the invitation of her Vietnamese counterpart Truong Tan Sang. Over the past two decades, the two countries have seen their bilateral trade grow by 44 times, investment rise 250 times and human resources exchange 80 times. Vietnam is the RoK’s largest ODA recipient. There are about 500,000 Vietnamese guest workers in the RoK and 50,000 Vietnamese-RoK families are living in the country. In regard to the prospects for future relations, the Korean President said she hopes that the two sides will further strengthen their strategic cooperative partnership established in 2009 for common prosperity in the next 20 years. The RoK government will expand the scope of strategic cooperation and mutual benefit between the two countries in new fields, such as the environment and climate change, energy security, information and communications and biotechnology to develop their partnership in a sustainable manner, she said. She expressed confidence that the two countries will develop a close partnership to deal with issues facing Asia’s peace and prosperity and the international community,” she said, expressing her expectation that the two sides will enhance cooperation in the international arena. The President has chosen Vietnam to be the first leg of her trip to ASEAN as her country has always maintained good relations with Vietnam and is determined to further develop them. “It is time we prepared for the next 20 years and promote our economic ties intensively and extensively,” she noted. President Park said a policy framework is needed, and expressed her hope that during upcoming talks with her Vietnamese counter part Truong Tan Sang, both sides will discuss measures to lift their economic relationship to new heights for mutual benefit. She noted that cooperation activities in science and technology have burgeoned since the two partners signed a cooperation agreement in the field in 1995. The establishment of the Vietnam-RoK Centre for Biological Material Research in Hanoi in June this year proves that science-technology still holds a lot of potential for future cooperation, she said. The RoK leader also revealed that the two sides will likely sign a MOU on the establishment of the Vietnam-Korea Institute of Science and Technology (V-KIST), which is expected to aid Vietnam’s sci-tech development. The Vietnamese Government is spare no efforts to develop Information Communication Technology (ICT) such as building a national data centre. The RoK hopes to help Vietnam in this field which is its strong area, the President added. VOV
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