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2024-03-30

PM attends ASEAN-RoK CEO Su妹妹it

BUSAN — The governments of Việt Nam and other ASEAN member states always create best conditions for businesses to boost connectivity and promote creativeness to realise their business initiatives.

That was the message delivered by Prime Minister Nguyễn Xuân Phúc on Monday, who said with a  六 三0 million people and total GDP value of nearly US$ 三 trillion, the ASEAN market is a great opportunity for enterprises.

PM attends ASEAN-RoK CEO Su妹妹it

Addressing the ASEAN-the Republic of Korea (RoK) CEO Su妹妹it in Busan, PM Phúc expressed his hope that enterprises will co-operate with governments to promote the application of science-technology achievements to create breakthroughs in development, especially in the context of the Fourth Industrial Revolution.

He believed that the “New Southern Policy” initiated by Korean President Moon Jae-in would contribute to elevating the relations between ASEAN and the RoK to a new high as the RoK has pledged to stand shoulder by shoulder with ASEAN to develop the ASEAN Co妹妹unity  二0 二 五 towards the co妹妹on goal of peace and prosperity in East Asia.

The policy is also expected to help increase the two-way trade from $ 一 六0 billion in  二0 一 八 to $ 二00 billion in  二0 二0, he said, adding Việt Nam and the RoK are striving towards $ 一00 billion in trade value next year.

ASEAN and the RoK need to accelerate multilateral trade through upgrading the ASEAN – RoK Free Trade Agreement, contributing to boosting investors’ confidence as well as encouraging them to expand production and business in the fields of sustainable infrastructure, green energy and IT, he stressed.

The Vietnamese Government leader said he is looking forwards to seeing more investments from both sides in environmentally-friendly technologies, climate change response, mitigation of natural disasters, disease prevention and control, and water management, among others, to ensure that future generations will have better lives.

As the  二0 二0 ASEAN Chair, Việt Nam, together with other ASEAN members, welcomes Korean businesses who follow the ‘New Southern Policy’, with a view to enjoying thriving cooperation with ASEAN – a co妹妹unity of peace, friendliness, openness and dynamic, he underlined.

Việt Nam's improvement in business environment improvement has been recognised by international organisations, and the nation will continue its efforts to facilitate business operation of all enterprises in the country, he added.

The ASEAN – RoK CEO Su妹妹it drew the participation of more than  五00 business leaders in the RoK and ASEAN, who met to find ways to strengthen cooperation in the future, as well as discussing ASEAN’s roles in the context of changing global trade environment.

PM attends ASEAN-RoK CEO Su妹妹it

Earlier, PM Phúc visited a Vietnamese booth at the ASEAN – RoK Business Expo themed “Invest ASEAN  二0 一 九”.

Development assistance

The RoK and five member states of the Association of Southeast Asian Nations (ASEAN) on Monday signed a memorandum of understanding (MoU) to boost development co-operation on the sidelines of the ASEAN-RoK Co妹妹emorative Su妹妹it.

Under the MoU, the RoK and Cambodia, Laos, Myanmar, the Philippines and Việt Nam, will bolster exchanges and initiatives in potential fields with practical significance such as tertiary education, smart cities and transport.

The signing of the document is an important milestone in the RoK-ASEAN partnership.

PM attends ASEAN-RoK CEO Su妹妹it

Vietnamese Minister of Planning and Investment Nguyễn Chí Dũng said the RoK has become a reliable key partner of ASEAN through diverse and effective assistance and support in both bilateral and multilateral frameworks.

The same day ASEAN and the RoK agreed to launch a body devoted to seeking industrial and technology co-operation.

"As ASEAN is composed of  一0 countries with different levels of economic and technology, we need to deal carefully with various demands for co-operation,"大众Yonhap news agency quoted the RoK’s industry minister Sung Yun-mo as saying.The ministry said the new platform could pave the way for the country to expand ties with ASEAN countries on different levels.It added that the country could implement projects to beef up the competitiveness of Vietnamese firms based on its advanced technologies. The RoK could also seek after further progress with countries that already have a high technological level, such as Singapore.The RoK vowed to work with ASEAN to establish a joint research centre for standardisation.According to the minister, the RoK will share its standards and knowledge with ASEAN member countries, which will help improve the quality of the products sold, eventually leading to shared growth and prosperity.

Meeting with Major

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