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Official Gazette

Thursday, December 8, 2022

Vietnam boosts legislative ties with Republic of Korea, Myanmar

Updated: 16:48’ - 29/07/2013

Vietnam and the Republic of Korea (RoK) would work together toward a more effective bilateral partnership, National Assembly (NA) Chairman Nguyen Sinh Hung and RoK NA Speaker Kang Chang-hee agreed during their talks on July 22 in Seoul.

They further agreed that the two legislative bodies should expand their cooperation and knowledge sharing, and that they would accelerate and supervise the implementation of agreements reached by the two governments so that they could bring practical results for both sides.

The Vietnamese NA Chairman called for RoK’s support in organizing the 132nd Assembly of the Inter-Parliamentary Union (IPU-132) scheduled for 2015.

For his part, Speaker Kang Chang-hee said the enhancement of cooperative ties with Vietnam had helped develop relations between the RoK and other regional countries for peace, friendship and development.

During the three-day official visit, Chairman Hung and Speaker Kang inked an agreement on cooperation between the two NAs and witnessed the signing of a cooperative agreement between the Vietnamese NA Office and the RoK NA Secretariat.

Meeting with RoK Prime Minister Chung Hong-won the same day, Hung said the two sides should cooperate in speeding up negotiations for a bilateral free trade agreement (BFTA) to reach USD 30 billion in two-way trade.

Hung asked the RoK Government to continue regarding Vietnam as a key partner in development cooperation and to prioritize and increase official development assistance for the Southeast Asian countries, especially in transport infrastructure.

The Vietnamese NA leader suggested the two sides coordinate closely in promptly solving arising problems and further boosting their labor cooperation.

Affirming the RoK’s priority of maintaining and strengthening cooperation with Vietnam, Prime Minister Chung Hong-won proposed both sides continue to tap the advantages offered by each of them, adding that the two countries should increase exchange of delegations at all levels and promote cooperation and investment between their business sectors.

In talks with RoK President Park Geun-hye, Hung said Vietnam treasured its strategic partnership with the RoK, which contributed to peace, stability and development of Asia, the Pacific and the world.

He said he hoped the two sides would boost cooperation in investment, trade, labor and tourism and also in negotiation on a BFTA.

President Park said her country would continue to assist Vietnamese living in the RoK, especially Vietnamese women who married Korean men, suggesting the two countries renew policies to boost cooperation and investment.

Following his visit to the RoK, NA Chairman Nguyen Sinh Hung paid a three-day visit starting on July 24 to Myanmar where he called for further cooperation between Vietnam and Myanmar to boost two-way trade to USD 500 million in the next few years.

Hung asked Myanmar President U Thein Sein to create favorable conditions for Vietnamese investors, including the simplification of project licensing procedures in telecommunications, shipbuilding, mineral processing and agriculture, and pledged that Vietnam would do the same for Myanmar investors in the country.

President Thein Sein proposed continuation of existing agreements and deepening of bilateral relations to promote peace and regional security.

Later, Vietnam and Myanmar signed a first-ever agreement to increase legislative cooperation between the two legislative bodies, under which both sides would work to deliver their legislative commitments in a series of fields.

Speaking to Myanmar’s Union Parliament about the agreement, Hung affirmed Vietnam’s policy of prioritizing cooperation with Myanmar to ensure regional stability and economic development and expressed his belief that Myanmar would play an important role in the region, notably through the ASEAN.-

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