Hanoi: Deputy Prime Minister Ho Duc Phoc hosted a reception for Kim Sung-tae, Chairman and CEO of the Industrial Bank of Korea (IBK) in Hanoi on September 23. Deputy PM Phoc spotlighted positive outcomes of bilateral relations, emphasising that Vietnam and the Republic of Korea (RoK) have become leading partners across all fields, with economy, investment, and trade serving as key pillars of their ties.
According to Vietnam News Agency, the meeting underscored the strength of the partnership between Vietnam and the Republic of Korea. Both nations have been working closely to enhance cooperation in various sectors, with a strong focus on economic growth, increased investment opportunities, and robust trade relations.
The visit by Kim Sung-tae was seen as an important step in further solidifying the economic partnership between the two countries. The discussions during the reception were expected to pave the way for future collaborations and initiatives that would benefit both Vietnam and the Republic of Korea.
Deputy PM Phoc’s reception of the IBK leader highlighted the importance Vietnam places on its relationship with the Republic of Korea, and the commitment of both countries to continue strengthening their economic and strategic ties.