With a solid foundation and high hopes for strengthening bilateral relations, including parliamentary relations, this visit will contribute greatly to relations between the two countries, VNA News Agency assessed when announcing the visitor’s arrival in Hou last night. Chi Minh.
Kim is the first high-ranking South Korean leader to travel to this Indo-Chinese country after the two countries elevated their relations to the level of a comprehensive strategic partnership last December, when they also celebrated the 30th anniversary of the establishment of diplomatic relations.
In recent years, the ties between the legislatures of both countries have been strengthened through regular contacts and exchanges between leaders’ delegations, parliamentary committees and friendship groups.
In particular, the official visit to South Korea by the Speaker of the National Assembly (parliament) of Vietnam, Phong Dinh Hue, in December 2021, after a forced hiatus due to the Covid-19 pandemic, contributed to the deepening of bilateral relations. fields.
The legislatures of Hanoi and Seoul maintain close coordination and
Mutual support in international and regional forums, both of which call for strengthening the role of parliamentary friendship groups and strengthening activities for the exchange of information and professional experience.
Vietnam and South Korea established diplomatic relations on December 22, 1992, and since then their relations have developed in a strong and substantial way, based on political trust, cultural similarity, geographical proximity, and the fact that they share common strategic interests.
South Korea is currently the largest provider of foreign direct investment (FDI) in Vietnam, second in development assistance, employment and tourist influx, and third in trade cooperation.
Meanwhile, Vietnam is South Korea’s largest economic partner in the Association of Southeast Asian Nations (ASEAN), with 30 percent of the foreign direct investment and 50 percent of the total trade volume between that country and the regional bloc.
South Korean Parliament Speaker Kim Jin-pyo’s visit to Vietnam will continue until the eighteenth of this month.
L/Mb
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