President Nguyen Xuan Phuc (R) receives RoK Foreign Minister Park Jin in Hanoi, October 18, 2022. (Photo: VNA) |
During a reception for RoK Foreign Minister Park Jin in Hanoi on Tuesday, Mr. Phuc welcomed Korean businesses to expand their investment in Vietnam, valued at 80 billion USD at present, particularly in digital technology, electronics, and renewable energy.
The President noted that Vietnam is a safe and stable destination for Korean firms. Minister Park said despite the COVID-19 pandemic, two-way trade has been on the rise, and a large number of Korean firms have invested in Vietnam. The RoK has always regarded Vietnam as a strategic partner in terms of ODA, he said.