During his reception for NACF Chairman Kim Byung-won in Hanoi on March 22, Dung proposed the NACF continue assisting the VCA in training personnel, improving capacity for Vietnam’s agricultural cooperatives, establishing new-style cooperatives, providing supermarket management skills, and boosting cooperation in agricultural finance.

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At the reception

The Deputy PM suggested the NACF prompt Korean competent agencies to help address difficulties related to quarantine of Vietnamese agricultural products and open its market for Vietnamese pork and chicken in 2018, and then dragon fruits, rambutan, longan and lychees.

The Government of Vietnam always creates favorable conditions for Korean agricultural products to enter the Vietnamese market, he affirmed.

Dung expressed his delight at the rapid and effective development of economic-trade and political relations between the two countries.

The RoK is now one of the leading economic partners of Vietnam, ranking first in terms of investment, second in terms of trade and ODA, and third in terms of tourism, he said.

By the end of 2017, the RoK had invested in more than 6,400 projects with a combined investment capital of 57.66 billion USD, Dung said, adding that in 2017 the RoK led foreign investors in Vietnam with 8.31 billion USD in newly licensed and added investment.

NACF Chairman Kim Byung-won agreed with Deputy PM Dung’s ideas and proposals for more effective cooperation between the NACF and the VCA, saying that staff training, capacity building for the Vietnam’s agricultural cooperatives, and building new-style cooperatives are among their key cooperation contents.

The RoK is willing to provide Vietnam with resources and experience in chain-based production, thus raising the value of its agricultural products, Kim said.

The NACF Chairman called on the two countries to take effective measures to increase the sale of agricultural products in each other’s market.

Source: VNA