Minister of Finance receives South Korea’s new Ambassador to Vietnam
The meeting with the Ambassador Extraordinary and Plenipotentiary of Korea to Vietnam |
Speaking at the meeting, Minister of Finance Ho Duc Phoc welcomed the Ambassador and officials of the South Korean Embassy in Vietnam for their visit to the Ministry of Finance.
The Minister said that last August, Mr. Choi Youngsam was appointed Ambassador Extraordinary and Plenipotentiary of South Korea to Vietnam. The Minister believes that the Ambassador's valuable experiences in many previous positions will contribute to the success of this term in Vietnam, promoting bilateral cooperation between Vietnam and South Korea and the cooperation between the Ministry of Finance of Vietnam and South Korean partners, especially in the context of economic recovery after the Covid-19 pandemic.
According to the Minister, the Ministry of Finance and the South Korean Embassy have resumed meeting and cooperation activities after the COVID-19 pandemic, hoping that this will continue to be a meaningful meeting to expand the relationship and continue to develop cooperative activities in the future.
The Minister said Vietnam and South Korea have experienced more than 30 years of diplomatic relations and the relationship between the two countries has developed increasingly deeply in many economic and cultural fields. At the same time, the two countries have also created favorable conditions to remove difficulties and obstacles in production and business activities to speed up the two parties’ economic development.
Speaking at the reception, Ambassador Choi Youngsam expressed his gratitude for the Minister's welcome and emphasized that Vietnam and South Korea are the biggest partners and will develop the cooperation more closely in the future. Many South Korean investors in Vietnam will contribute to the economic development of both countries.
To create favorable conditions for businesses to invest in production and business in Vietnam, Mr. Choi Youngsam also proposed maintaining a dialogue channel between the two sides to answer questions on policies on tax administrative management, and customs and consider this an important annual forum held by the Ministry of Finance, thereby deepening economic and financial cooperation, helping expand the comprehensive cooperative relationship between Vietnam and South Korea in the near future.
At the meeting, Minister Ho Duc Phoc and Ambassador Choi Youngsam and representatives of units under the Ministry of Finance discussed and shared many contents about the Double Tax Avoidance Agreement, the organization of the Directors General of Taxation and Customs; dialogue conferences on tax, customs policies with South Korean businesses; ODA loans, as well as global minimum tax.
Binh Duong Customs holds dialogues to remove difficulties for South Korean businesses VCN - On June 29, Binh Duong Customs Department held a Customs – Business Dialogue Conference with ... |
At the end of the meeting, Minister Ho Duc Phoc affirmed that the cooperative relationship between the Ministry of Finance and the South Korean Embassy has achieved very good results. The Ministry of Finance always appreciates and considers South Korea one of its leading partners.
The Ministry of Finance of Vietnam will continue to organize dialogues and create favorable conditions to remove difficulties and obstacles for foreign businesses, including South Korean businesses, so that they will have peace of mind to invest in production and business effectively, in the spirit of equal, healthy and fair competition.
Related News
Amendment of Special Preferential Import and Export Tariff Schedule to Implement CPTPP Agreement for the 2022-2027 Period
14:20 | 09/10/2024 Regulations
Realized social investment capital is estimated at VND2,417.2 trillion
14:22 | 09/10/2024 Finance
Timely decisions will bring about many innovations
10:15 | 08/10/2024 Headlines
Five amended laws to untie investment knots
10:50 | 07/10/2024 Import-Export
Latest News
Fifteen Vietnamese banks named in the global top 500 banking brands
15:23 | 10/10/2024 Finance
Digital infrastructure strategy approved
15:21 | 10/10/2024 Finance
Drastically handle tax debts in the last months of the year
09:41 | 10/10/2024 Finance
State-owned banks struggle to increase capital
14:19 | 09/10/2024 Finance
More News
State budget revenue reached 85.1% of estimate
10:17 | 08/10/2024 Finance
Budget expenditure in the first three quarters of 2024 reached about VND 1,256.3 trillion
10:13 | 08/10/2024 Finance
Increasing institutional investors – improving quality of corporate bond market
10:52 | 07/10/2024 Finance
Urgent measures to restore production post-disaster
10:49 | 07/10/2024 Finance
Risks for the economy when cash flow has not yet been put in to production and business
10:49 | 07/10/2024 Headlines
An open banking system is essential for a smart city
16:29 | 06/10/2024 Finance
Tax sector focuses on simplifying tax administrative procedures
09:22 | 06/10/2024 Finance
Individual customers' deposits in Jan-Jul see record high
19:32 | 05/10/2024 Finance
FED cuts interest rates: A good opportunity for Vietnam’s exports and investments
11:59 | 05/10/2024 Finance
Your care
Fifteen Vietnamese banks named in the global top 500 banking brands
15:23 | 10/10/2024 Finance
Digital infrastructure strategy approved
15:21 | 10/10/2024 Finance
Drastically handle tax debts in the last months of the year
09:41 | 10/10/2024 Finance
Realized social investment capital is estimated at VND2,417.2 trillion
14:22 | 09/10/2024 Finance
State-owned banks struggle to increase capital
14:19 | 09/10/2024 Finance