Prime Minister Nguyen Xuan Phuc has said Viet Nam attaches importance to expanding exchanges and cooperation between localities of Viet Nam and the Republic of Korea (RoK), considering it an important factor to further cooperation between the two countries.

Officials from Daegu city pose for a photo with Prime Minister Nguyen Xuan Phuc. (Source: VNA)

The PM made the remark at his reception for the Mayor of Daegu city of RoK, Kwon Young Jin, in Ha Noi on October 12.

He expressed his pleasure at the cooperation between Daegu and Vietnamese localities, particularly Da Nang and Ho Chi Minh City, and asked the Daegu Mayor to help encourage the city’s firms to invest in Viet Nam as well as boost bilateral trade.

PM Phuc pledged that Viet Nam will continue improving investment environment and creating favourable conditions for foreign investors, including those from the RoK in general and Daegu city in particular, to invest or do business in Viet Nam.

On his part, Mayor Kwon Young Jin asked the PM to give more assistance to RoK enterprises. He said he would make the best efforts to boost RoK’s investment in Viet Nam.

He said Daegu will devise more programmes supporting Vietnamese who live in the city like teaching them Korean.

He recommended the Vietnamese government to create favourable conditions for Daegu Bank to open a representative office in HCM City.

(Source: VNA)