He made the remarks at a reception for Park No-hwang, President and Chief Executive Officer of Yonhap, in Hanoi on February 9.

The Prime Minister hailed the cooperative outcomes between the two news agencies, saying that the expansion of the bilateral collaboration has helped increase mutual understanding between the two peoples.

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Prime Minister Nguyen Xuan Phuc (R) meeting with Park No-hwang, President and Chief Executive Officer of Yonhap 

As a partner of Vietnam News Agency - a leading press agency in Vietnam, Yonhap is expected to boost information on the culture, land, people and business environment in the Southeast Asian country, especially pertaining to remarkable accomplishments in the two countries’ relations, the PM said.

He asked the two sides to focus on news about outcomes and efforts in increasing competitive edge and improving investment climate in Vietnam so as to attract more RoK groups and businesses to inject capital in Vietnam, which is hoped to amount to 100 billion USD in the future.

The PM suggested Vietnam News Agency and Yonhap promptly provide news about achievements in the two countries’ relations as well as solutions to remove difficulties for the Vietnamese community in the RoK as well as the Korean community in Vietnam, contributing to elevating the bilateral strategic cooperative partnership to a new height.

President Park No-hwang said his ongoing visit to Vietnam aims to tighten the cooperative ties with Vietnam News Agency and contribute to the enhancement of Vietnam-RoK relationship.

He said that the RoK pays much attention to Korean-Vietnamese multi-cultural families, and the RoK government pledges to spare no effort to step up the comprehensive collaboration with Vietnam across the board.

He also briefed the PM about the positive outcomes of his talks with VNA General Director Nguyen Duc Loi, noting that the two sides signed a new agreement on professional cooperation, which will make it easier for the expansion of bilateral collaboration in providing accurate information on political issues, business environment, and dissemination of Vietnamese and Korean land and people.

Prime Minister Nguyen Xuan Phuc said a large number of Vietnamese and Korean citizens are living in the respective countries. The Korean culture is strongly developing in Vietnam and the RoK is currently the second biggest foreign investor in the Southeast Asian nation.

Vietnam is focusing on refining its institution and improving business-investment environment and national competitiveness to enter the leading group in ASEAN.

Vietnam always welcomes and creates favourable conditions for foreign enterprises, including the RoK, to expand business in the long run, he affirmed.

He highlighted 2017 as a year of celebrating the 25th anniversary of Vietnam – RoK diplomatic relations.

Vietnam is going to host the APEC 2017 with around 200 meetings, including the APEC Economic Leaders’ Meeting as part of the APEC Week in the central coastal city of Da Nang, he said.

This will create an excellent opportunity for Vietnam News Agency and Yonhap to exchange information on APEC cooperation for sustainable, inclusive growth, innovation, and stronger economic connectivity in the region in the new era.

Source: VNA