At the talks, President Lee affirmed that the RoK always considers Vietnam a key partner in implementing its foreign policies in the region, and emphasized that President Cuong's working trip is of important significance in common cooperation for peace and prosperity in the Asia-Pacific region.
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Vietnamese State President Luong Cuong (left) and Korean President Lee Jae Myung |
President Lee congratulated Vietnam on its development achievements, including its current economic growth of over 7%. He affirmed that the RoK is ready to continue to accompany Vietnam in the next stages of development.
President Cuong, for his part, sincerely thanked President Lee, the Government and people the RoK for their warm, friendly and thoughtful reception, and conveyed the greetings and warm regards of Party General Secretary To Lam and senior leaders of Vietnam to the Korean President.
The Vietnamese leader said he was pleased to see that after more than 30 years of establishing diplomatic relations, the relationship between the two countries has been continuously consolidated and developed. Vietnam and the RoK have become reliable partners, closely cooperating at the strategic level, and are close friends, understanding each other.
Vietnam consistently attaches importance to the relationship with the RoK and hopes that the cooperation between the two countries will continue to have new, more substantial, effective and sustainable changes in all fields, President Cuong said.
The two leaders agreed to continue promoting delegation exchanges and high-level and all-level exchanges through various channels, effectively coordinate the implementation of existing cooperation mechanisms and promote the substantive implementation of signed cooperation documents between the two countries, especially the agreements reached during the State visit to the RoK by General Secretary To Lam in August 2025. They consented to promote mutually beneficial economic cooperation, in line with the development goals of both sides, creating a major and substantive shift in cooperation.
President Cuong suggested the two sides coordinate to implement substantive measures to soon reach the bilateral trade target of 150 billion USD by 2030 in a balanced and sustainable direction. He affirmed that Vietnam will create favorable conditions for Korean enterprises to confidently invest for a long-term in Vietnam.
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At the talks between Vietnamese State President Luong Cuong and Korean President Lee Jae Myung in Gyeongju city on October 30 afternoon. |
President Lee emphasized that the RoK continues to consider Vietnam an important strategic partner in economic, trade and investment cooperation, and pledged to increase quotas and expand the industries receiving Vietnamese workers. He agreed to cooperate in technology transfer and development of supporting industries in Vietnam; and continue supporting Korean enterprises to expand investment in Vietnam, especially in important areas such as infrastructure, energy, and new urban construction.
The two leaders agreed to realize the implementation of science, technology, innovation, digital transformation and human resource development cooperation as a new pillar in the bilateral relations. They agreed to step up educational, cultural and people-to-people cooperation activities to create deeper connections and understanding.
President Cuong proposed the Korean side continue to pay attention, have policies to protect legitimate rights, ensure security and safety, and create all favorable conditions for the Vietnamese community to feel secure in living, studying, and working for a long-term in the RoK.
Also within the framework of the talks, the two leaders discussed international and regional issues of mutual concern. President Cuong congratulated the RoK on successfully organizing the APEC Economic Leaders’ Week 2025, and hoped that the East Asian country would support and coordinate with Vietnam to successfully organize the APEC Economic Leaders’ Week 2027.
The two sides agreed to closely cooperate and support each other in regional and international forums of mutual interest; and together promote the early upgrade of the ASEAN - Korea Free Trade Agreement and the implementation of the Mekong - RoK Summit in the coming time.
The two sides shared a common strategic vision on maintaining peace and stability in the East Sea (aka South China Sea), and ensuring legitimate and legal rights in accordance with international law and the United Nations Convention on the Law of the Sea (UNCLOS) 1982.
Source: VNA