Hundreds of RoK companies and groups are operating in Vietnam, Dung said, noting that he supports the RoK groups in employing Vietnamese workers, who are hard-working.

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MoLISA Minister Dao Ngoc Dung (R) and Kyung Shik Sohn, Chairman of the Korea Employers Federation

Dung said RoK President Moon Jae-in’s State visit to Vietnam from March 22-24 has helped promote economic cooperation between the two nations, and numerous memorandums of understanding were signed to strengthen the strategic partnership between the two countries in the future.

According to the minister, Vietnam is improving its legal system and revising several laws, including the law on foreign employees working in Vietnam. The Vietnamese Government and the Ministry of Labor, Invalids and Social Affairs (MoLISA) will focus on increasing negotiations between employers and workers to minimize State involvement in business operations.

The MoLISA will coordinate with the RoK Ministry of Employment and Labor to sign agreements on social insurance and social protection towards providing better care for workers, Dung added.

For his part, Kyung affirmed that RoK enterprises want to operate in a transparent manner, in accordance with the regulations of Vietnam and in the spirit of ensuring mutual benefits.

He pledged to make sure that RoK employers will ensure fair treatment between Vietnamese and Korean employees to achieve the highest efficiency in business operations.

Source: VNA