The National Assembly of the Republic of Korea will ratify the Viet Nam – RoK Free Trade Agreement to complete the necessary legal corridor, accelerating investment and trade between the two countries.

Samsung Electronics Vietnam. (Photo: VNA)

Speaker of the RoK’s National Assembly Chung Ui-hwa announced the impending ratification during a meeting with Vietnamese Deputy Prime Minister Vu Van Ninh, who is on a four-day visit to the country that ends on May 20.

Deputy PM Ninh stressed that Viet Nam wants to develop, but needed assistance from the RoK, as well as the personal support of the parliament speaker.

"The signing of a free trade agreement between the two countries [early this month] further motivates our bilateral relationship," Ninh said.

He also called for the RoK's National Assembly to support increased funds for Viet Nam to help the country develop infrastructure projects.

The Deputy PM thanked Chung Ui-hwa for raising his voice to protect the rights and life of Vietnamese studying and working in the RoK.

(Source: VNA)