State President Tran Dai Quang, RoK President Moon Jae-in and delegates to the Viet Nam-RoK Business Forum held in Ha Noi on Friday. Photo: VGP The Vietnamese leader stressed the point on Friday at the Viet Nam-RoK Business Forum joined by President Moon Jae-in. The bilateral relationship is at best stage ever, which has been nurtured with friendship and joint efforts of the two States and people, according to State President Quang. He called on businesses to continue sharing new ideas and innovative solutions and promoting their strengths to become pioneers in economic cooperation and connectivity between the two countries. In his remarks, President Moon Jae-in said he saw an emerging economy marked with a young workforce since he arrived in Viet Nam. Businesses took an important role in the robust development of the Viet Nam-RoK over the past 25 years, said President Moon, adding that around 5,500 enterprises are investing in Viet Nam. President Moon expressed his strong … [Read more...] about Future of VN-RoK cooperation depends on business communities
Cooperation
VN, RoK enhance cooperation in financial innovation
Photo: VNA The signing ceremony was organized within the Viet Nam-RoK Financial Cooperation Forum in Ha Noi. This is the first MoU in this field the SBV has signed with a foreign partner and a crucial mark in completing the legal framework for comprehensive relations between the SBV and the FSC. In addition, the MoU creates a legal framework for the two sides to strengthen information exchanges and sharing, launch technical cooperation related to modernization of the banking and financial systems as well as apply advanced financial technology in banking activities and services. Speaking at the forum, Mr. Hung supposed that the forum creates an opportunity for the two sides to understand demands as well as potentials in finance-banking cooperation in the upcoming time, especially in the fourth industrial revolution. He expected that the relationship between Viet Nam and the RoK in general and cooperation in finance and … [Read more...] about VN, RoK enhance cooperation in financial innovation
Vietnam, Oman look to fostering investment cooperation
Addressing the seminar, MoIT Deputy Minister Cao Quoc Hung called on the Oman side to organise more visits of enterprises to Vietnam to explore trade and investment opportunities in the country. He urged Vietnamese firms to pay more attention to studying the Oman market through field trips to and exhibitions in the Middle Eastern nation. Hung said many Oman businesses are interested in the Vietnamese market, while local firms have also made inroads into the Oman market. He highlighted the fruitful cooperation between the two countries in recent times, saying two-way trade has witnessed impressive growth, hitting 120 million USD in 2017, an increase of 122 percent year-on-year. At the seminar, the Oman side said the country is considering importing food from Vietnam, expressing the hope that the Vietnamese side will open bonded warehouses in Oman, thus facilitating the distribution of Vietnamese goods in Oman and exports to adjacent markets. Le Thai Hoa, Deputy Head of the … [Read more...] about Vietnam, Oman look to fostering investment cooperation
Vietnam, RoK tighten financial cooperation
At the signing ceremony (Source: VNA) Hanoi (VNA) - The State Bank of Vietnam (SBV) and the Republic of Korea (RoK)’s Financial Services Commission (FSC) has signed a memorandum of understanding on cooperation in the field of financial innovation in Hanoi. The signing is part of the Vietnam-Korea Financial Cooperation Forum, which was jointly organised by the Vietnam Banks’ Association and Korea Federation of Banks. This is the first agreement in this area that SBV has signed with a foreign partner, marking an important milestone to perfect the legal framework for comprehensive co-operation between the central bank and FSC. The agreement is seen as a legal basis for the two sides to enhance exchange, share information and conduct cooperations contents related to the modernisation of the banking and financial system as well as application of modern financial technology in the operation of banking system and services. Speaking at the forum, SBV Governor Le Minh Hung said … [Read more...] about Vietnam, RoK tighten financial cooperation
Vietnam, Czech supreme courts step up cooperation
At the talks. Photo: Vietnam+ The chief judges discussed the operation, organizational structure and trial experiences of the two courts. They agreed to boost cooperation in exchanging high-level delegations, training judge and sharing trial experience as well as information related to dealing with cases involved overseas Vietnamese people in the Czech Republic and Czech businessmen in Vietnam. Both shared a view that the cooperation between the two supreme courts play an important role in mutual judicial assistance, contributing to the friendship and multi-faceted cooperation between Vietnam and the Czech Republic. During his trip, Binh visited the Embassy of Vietnam and overseas Vietnamese community in the Czech Republic and briefed them about the home nation’s situation. He highlighted the agreement on judicial assistance in criminal matters signed between the two nations, saying that the document laid a legal foundation for the two sides’ collaboration in … [Read more...] about Vietnam, Czech supreme courts step up cooperation