As per the MoU, the two ministries set the goal for the next five years of establishing a collaboration framework to boost their policy planning capacity in terms of employment, vocational training, occupational safety and hygiene, and labor management.

Based on positive results of their cooperation pacts signed in 2004, 2009 and 2013, the two ministries have agreed to set up a middle- and long-term partnership and expand their joint work in the labor and employment field.

At the signing ceremony

At the signing ceremony, Deputy Minister of Labor, Invalids and Social Affairs Le Tan Dung said after nearly three decades since the two nations established their diplomatic relations, the RoK is now the biggest foreign investor in Vietnam with more than 6,000 projects, creating jobs and ensuring welfare for over 700,000 workers.

In that context, their leaders have paid more attention to bilateral labor collaboration, he added.

Vice Minister of the MOEL Im Sep Jeong said the RoK values cooperation with Vietnam.

Highlighting abundant collaboration potential in labor and employment, he said the signing of the MoU will help the two ministries further expand their partnership.

In the past, the two ministries has signed agreements on verifying RoK experts to work in Vietnam and on implementing a technical support project for Vietnam’s employment service information network worth about 2.9 million USD, among others.

Source: VNA