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Vietnam to make active contributions to ASEAN-RoK relation

Vietnam vows to make active and responsible contributions to the ASEAN-Republic of Korea dialogue relations at the commemorative summit marking the 25th anniversary of ASEAN-RoK Dialogue Relations, which is slated to be held in Busan on December 11-12.

Prime Minister Nguyen Tan Dung will attend the commemorative summit at the invitation of RoK President Park Geun-Hye. On the occasion, he will also make a working visit to the Northeast Asian country from December 10-12, aiming to boost the Vietnam-RoK strategic partnership.


 
The relations between Vietnam and the RoK have also been growing vigorously in all areas since the establishment of diplomatic ties in 1992 and the bilateral comprehensive strategic partnership in 2009. The RoK is one of the leading economic partners of Vietnam. As of June 2014, the RoK had 3,687 investment projects worth US$31.2 billion in Vietnam, ranking first in terms of project number and second in registered capital among foreign investors in the Southeast Asian country.

Regarding political and security aspects, ASEAN and the RoK are to continue promoting dialogue and cooperation in ASEAN-led regional processes and frameworks, as well as working together in preventing and settling conflict, coping with traditional and non-traditional security challenges, ensuring maritime and aviation security and safety in the East Sea so as to maintain regional peace, stability, and prosperity.

Both sides will maximise the ASEAN-RoK Free Trade Agreement and strive to conclude the negotiation on the Regional Comprehensive Economic Partnership (RCEP) agreement by the end of 2015. They will also foster two-way trade and investment, support small- and medium-sized enterprises and assist the implementation of the Master Plan on ASEAN Connectivity and the Mekong-RoK Plan of Action for the 2014-2017 period.
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