At the working session in Hanoi, Ambassador Park said he hopes the RoK and Vietnam will continue developing win-win cooperation and the Vietnamese Government will keep support Korean businesses.

Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung (R) meets with RoK Ambassador Park Noh-wan in Hanoi on February 18.

He also expected stronger collaboration in vocational training, especially for vulnerable groups in society, calling on the Vietnamese ministry to support the MoU on labour cooperation to be renewed and the social insurance agreement to be signed soon.

About 9,000 Korean firms are operating in Vietnam, the diplomat noted, voicing his hope that Vietnam will issue more policies to attract businesses from his country.

For his part, Minister Dung said the two countries have recorded clear progress in labour cooperation. In 2019, more than 7,000 Vietnamese came to work in the RoK thanks to the RoK’s employment permit system implemented on a larger scale and in a transparent manner.

Besides, thanks to both sides’ efforts, the rate of Vietnamese working illegally in the Northeast Asian nation has been brought down to under 30 percent. The collaboration in social security has also proved fruitful, he added.

The countries’ MoU on labour cooperation, which was signed in 2018 and already expired, is set to be renewed in March or early April. Meanwhile, the agreement on social insurance, on which there have been four rounds of negotiation, is expected to be inked in November this year, according to the minister.

At the meeting, Dung highly valued the RoK’s experience in vocational training and honouring persons with high achievements at regional and international skills competitions.

He said he hopes bilateral partnerships in vocational education will be further promoted, and the two countries will recognise each other’s diplomas so as to open up a new period of cooperation in vocational education.

Vietnamese people in RoK celebrate Tet

Nearly 500 Vietnamese living, studying, and working in the Republic of Korea (RoK) and Korean friends gathered in Seoul on December 22 to celebrate the traditional Lunar New Year (Tet) – the biggest holiday in Vietnam.

RoK tops foreign investors in Vietnam in 2019

The Republic of Korea (RoK) is the leading foreign investor in Vietnam in 2019, pouring 7.92 billion USD into the country, accounting for over one fifth of the total flow of foreign direct investment into Vietnam during the year.

RoK group sets up 860 mln USD investment fund for Vietnam

The National Pension Service of Korea recently launched a 860 million USD corporate partnership fund with SK Group of the Republic of Korea that will allow the latter to increase investment in Vietnamese firms Masan Group and Vingroup, according to the Korean Investors news outlet.

Vietnamese Ambassador to RoK presents gifts to U23 team

Vietnamese Ambassador to the Republic of Korea (RoK) Nguyen Vu Tu and Honorary Consul General of Vietnam in the RoK’s Busan-Keangnam region Park Soo-kwan on December 19 visited and presented gifts to coach Park Hang-seo and Vietnam's U23 football team, who are at a training session in Tongyeong City, RoK.

RoK Embassy introduces more investors to Bac Giang

(BGO) -  On December 18, the Vice  Chairman of the Bac Giang provincial People’s Committee Le Anh Duong and leader of the Department of Foreign Affairs (DoFA) paid a visit to extend the Tet greetings to the Republic of Korea (RoK)’s Embassy to Vietnam on the upcoming 2020 New Year. The delegates were welcomed by  Jeong Woo Jin, Acting Ambassador, Consulate General of the RoK to Vietnam.

Source: VNA