He made the suggestion at a reception for visiting KOVECA Chairman Kim Kill-soo in Hanoi on July 23.

The President also urged the association to coordinate with the Vietnamese Embassy in the Republic of Korea (RoK) and Vietnamese agencies and localities in organizing many activities to celebrate the 30th anniversary of the two countries' diplomatic ties.

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President Nguyen Xuan Phuc (right) and KOVECA Chairman Kim Kill-soo at the reception

There are about 200,000 Vietnamese people living in the RoK and vice versa. The State leader said that this is an important bridge to promote  the friendship relations between the people of the two countries. He called on the association to coordinate with the Vietnamese Ambassador to the RoK to support and protect Vietnamese people who are living, working and studying in the country, suggesting that KOVECA and other RoK culture, art, and sports organizations should enhance cooperation with Vietnamese partners to deepen people-to-people exchanges and bilateral collaboration.

The President said that economic cooperation is always a bright spot in Vietnam-RoK ties, achieving many outstanding results.

RoK has always been the leading investor in Vietnam with nearly 80 billion USD. Trade turnover between the two countries also reached nearly 80 billion USD, which is expected to increase to 100 billion USD next year, he said, adding that the two countries have also cooperated well in the fields of official development assistance (ODA), labour and tourism.

He emphasized the important contributions of the KOVECA with many activities to promote cooperation with the Association for Liaison with overseas Vietnamese as well as the organization of the Korea-Vietnam Cooperation Forum in Ho Chi Minh City and Hanoi from July 22 to 24.

For his part, the KOVECA Chairman said more and more Korean enterprises are interested in investing in Vietnam, adding that they want to pour capital into the development of projects in the Red River area with the expectation of making it like the miracle of the Han River in the RoK.

Representatives of a number of Korean associations attending the meeting also hoped that the two countries would promote cooperation in the fields of waste and wastewater treatment, employment, and sports exchange.

Source: VNA