The Hanoitimes - The defense ties have been intensified after South Korean President Moon Jae-in took office in 2017. Vietnam – South Korea relations built on high level of mutual trust: Amb. Vietnam intensifies ties with US, India, UK amid tensions in South China Sea Japan vessels dock at Danang port Vietnam and South Korea have been strengthening defense ties as part of Seoul’s “New Southern Policy”, in which Vietnam is considered a key partner in the ASEAN and East Asia. South Korean Minister of Defense Song Young-moo (L) and Vietnamese counterpart Ngo Xuan Lich in Hanoi in June 2018. Photo: VietNamNet The military relations were tightened since the two nations in April 2018 signed a joint vision statement on defense cooperation with vision to 2030, according to The Diplomat. In June 2018, South Korean Minister of Defense Song Young-moo visited Vietnam at the invitation of Vietnamese counterpart Ngo Xuan Lich to discuss … [Read more...] about South Korea reinforces defense ties with Vietnam to boost New Southern Policy
Vietnam south korea relations
The Hanoitimes - South Korea remained Vietnam’s top investor, posting annual registered capital of FDI in range of US$7 – US$9 billion over the last five years. South Korea’s SK Group to invest US$1 billion in Vietnam’s Vingroup: Bloomberg South Korea’s unicorn Woowa Brothers acquires Vietnam’s food delivery Vietnammm South Korea’s major conglomerates seek investment expansion in Vietnam South Korea’s leading corporations tap into Vietnam’s finance - banking sector Vietnam – South Korea relations are built on high level of mutual trust, and the two countries share similarities in culture and history, according to South Korea Ambassador to Vietnam Kim Do Hyon. Overview of the conference. Source: Ngoc Thuy. “Being the host of the second North Korea – US summit, Vietnam plays a key role facilitating cooperation between the North and the South,” Kim said at the eighth International … [Read more...] about Vietnam – South Korea relations built on high level of mutual trust: Amb.
The Hanoitimes - South Korea’s companies want to increase investments in central Vietnam, which possesses huge potential for development. Actual FDI in Vietnam hits record high in 2018 amid trade war Hanoi tops country in FDI attraction with US$7.5 billion in 2018 Vietnam and South Korea to promote strategic cooperation partnership Samsung considers Vietnam global strategic base South Korea’s leading corporations tap into Vietnam’s finance - banking sector South Korean investors and businesses, including major conglomerates such as Samsung, are seeking investment expansion in Vietnam, focusing on high-tech electronics and infrastructure development, according to Kim Do-huyn, South Korean ambassador to Vietnam. Prime Minister Nguyen Xuan Phuc (r) and Kim Do-huyn, South Korean ambassador to Vietnam at the meeting on February 20. Source: VGP. In the coming time, South Korea’s companies want to expand investments in central Vietnam, … [Read more...] about South Korea’s major conglomerates seek investment expansion in Vietnam
The Hanoitimes - The two countries have seen close economic ties with the rapidly increasing trade, expected to hit US$100 billion by 2020. Nguyen Thi Kim Ngan, chairwoman of the Vietnamese National Assembly, is on a four-day visit to South Korea this week as part of efforts to boost the multi-faceted relationship which has flourished over the past years. NA Chairwoman Nguyen Thi Kim Ngan met South Korean President Moon Jae-in in Hanoi in 2017. Photo: VNS The visit, between December 4 and December 7 at the invitation of her counterpart Moon Hee Sang, is expected to deepen the strategic cooperative partnership. Economic ties on the spotlight With the diplomatic relation set up in 1992, the two countries have seen closed economic ties with the rapidly increasing trade, mostly after the Free Trade Agreement between Vietnam and Korea (VKFTA) came into effect in December 2015. Currently, South Korea ranks Vietnam’s third biggest trade partner … [Read more...] about Vietnam, South Korea seek ways to enhance strategic partnership
The Hanoitimes - The annual event aims to strengthen friendship between Vietnam and South Korea. The 2018 Vietnam – South Korea Culture and Food Festival, organized by the South Korean Embassy in Vietnam in coordination with Hanoi People’s Committee and the Ministry of Culture, Sports and Tourism, will take place in Hanoi from November 30 to December 2. Vietnam – South Korea Culture and Food Festival 2018 set for Hanoi. Photo: vov.vn This annual event, the tenth edition in a row, features a Vietnam – South Korea talent contest, a food-court of 100 stalls and musical performances. Vietnam and South Korea established diplomatic ties on December 22, 1992. The two countries set up their comprehensive partnership in August 2001, and agreed to lift ties to a strategic cooperative partnership in October 2009. Traditional Korean foods are becoming increasingly popular amongst Vietnamese people, namely kimchi, kimbab, bulgogi, cold noodle soup, and noodles … [Read more...] about Vietnam – South Korea Culture and Food Festival 2018 set for Hanoi