Here's an article i was reading on korea and vietnam relations. Ive been hearing more and more about vietnam in korean papers these days. from the popularity of movie/singer stars like kangta to helping improve schools/infrastructure to korean companies flocking to vietnam to do business. seems like the koreans really believe in the people of vietnam and the high amount of potential instilled in its people. i think this is good news for both countries.


Vietnam Gears Up for APEC 2006

For Vietnam’s Finance Minister Nguyen Sinh Hung, 2006 will be a busy year. With his country slated to chair next year’s APEC meetings, he and his staff have been paying close attention to how Korea has put the event together.

In an interview with the Korea Times, he congratulated his Korean counterpart, Han Duck-soo for his ministry’s successes in hosting the 2005 meetings. ``The Korean Ministry of Finance and Economy has guided the FMM (Finance Ministers’ Meeting) process to achieve significant outcomes in 2005 and set a high standard for hosting and organizing activities under this process.’’

He also made it clear that his government would continue to look to Seoul for guidance and support. ``I will also request Minister Han to support our country in continuing the chairmanship in 2006.’’

Korea and Vietnam are currently enjoying strong economic relations. By the end of 2004, Korea had become the second largest foreign investor in the country, with more than 170 projects totaling over $365 million in value. Bilateral trade reached $4 billion. When asked about those numbers, the Minister stressed that his country is open to business and is working to further liberalize, while focusing on ``stability and transparency.’’

``The government of Vietnam has been exerting substantive efforts to improve its investment environment through administrative reform and simplification, as well as tax and incentives policy rationalization,’’ he said.

That type of thinking has catapulted the country through a heady period of rapid growth, averaging around 7 percent annually since 2000, and around 9 percent throughout for most of the previous decade. The Minister called trade ``inevitable,’’ and stressed the need to open doors still wider to improve the welfare of his people. Referring to globalization and increased economic interdependence, the Ministers said that ``Vietnam is no exception,’’ emphasizing the need to attract FDI as a key driver of economic growth.

``FDI is of critical importance to the economy,’’ he argued. Vietnam needs to ``mobilize financial resources to finance the growth in the context of relatively limited domestic resources and savings accumulation.’’

Still, he warned against precipitous openings, and marked the need to protect against market failures and externalities. ``I would like to emphasize that each economy should identify an appropriate time frame and sequence of measures to maximize the benefits and secure the stable fundamentals of the economy in order to achieve high and sustainable growth.’’

And despite its relatively open stand and close relations with Korea, Vietnam has chosen to not embark on FTA discussions. ``Vietnam shall not enter into a bilateral FTA with the Republic of Korea,’’ the minister averred. Instead, the country will continue working within the framework of its regional agreement with ASEAN.

Korea is now negotiating with ASEAN in an effort to create a regional free trade area. According to the plan, ASEAN and Korea are to conclude the negotiating process by the end of 2006. The agreement would cover trade in goods, services, and investment. As is traditional within ASEAN, the agreement would be arrived at on the basis of consensus.

http://times.hankooki.com/lpage/biz/200509...19333711860.htm

Vietnam need Korea and someday we can be some help to each other if our neighbor become aggressive.

what neighbour?

kangta? who the heck needs him
but very cool, i think vietnams gonna become the powerhouse in southeast asia

learning to Fly

^troll

I like koreans. I knew a few really cool ones at my friends college; plus a couple of them were hot. Nothing bad to say about korea

Love Korean ladies


Wish she have some Viet's blood in her.


She die

wow second largest? korea is investing a lot in vietnam...

"love korean ladies,wish she have some viet's blood in her"


this is the most laughable comment of the year

Whatever troll.

stop feeding it

Some one need to warn him. I have to scroll through a entire page to get away from his giant sig.

Whatever troll.

for real, man.

change that ugly, massive signature.

We will see how the relationship will be in 5 or so years.

Why don't you guys report him for having that big sig? It kinda seems like he is trying to compensate something with that big sig of his. 2

wat are u saying u dirty minded man
lol

yea and wat is up with learning to flys grossly huge signatures
i bet they would make toothlog proud

she die???

In vietnam, Most of the hotel have television "LG" (there is many usines)
and cellphone Samsung.Plus, in saigon, you can see big Ads for korean companies.

China

Which is caused by a third party.

what third party do you have in mind?

Japan, Taiwan, North Korea.

^ If anything, i think it will be china's aggression. Maybe not china's fault, but they will make the move and take the big step first.

If we look at China's current defense policy, then you're completely off.

I can't really say for the future.

What is that current policy?

China has also openly declared that it has a no first-use policy on nuclear weapons.

the policy makes it sound ideal. But policies are meant to be changed or broken eventually as the interest of the "people" (government) changes, no?

Which is why I said that the future of China's defense policy is unclear. Times change, and so do these policies.

For now, the only thing that could escalate China's defense into an all-out war would be nothing less than Taiwan openly declaring its independence.

Well Vietnam is one of the earliest country that got hit by the Korean wave.. and it's still going strong.

Here's an interesting fact: the first president of the Republic of Korea was of ancient Vietnamese descent. Syngman Rhee was of the Hwasan Yi family line.

i don't noe about that,i didn't find anything on google

Hwasan = volcano = Vietnam ??? wth?

Hwasan as in Flower Mountain. Hwa=mountain and San=moutain.


Well now you know

cool

Is my Korean confused? How do you say volcano in Korean?
http://www.jigsawlounge.co.uk/film/volcanohigh.html ??

Hwasan too of course.

However Hwasan here is Flower Mountain.

ic...

花山李氏

but im still not convinced.

although i have heard of that annamese prince that fled to korea from this board actually, i cant imagine how much bloodline influence one person can do to an entire country.

although the thought of a viet prince or duke, whatever, coming to korea for exile is pretty cool. at least there's one ancient story viets and koreans can relate to cuz there's probably just that and nothing else when it comes to ancient korean/viet contact.

korea can really use vietnam when it comes to a military ally and strategic location and vice versa, on top of the continuing economic relationship.

eh???? Yi(lee) seung-man (Syngman Rhee????) is not a hwasan Yi family member.
he is a jeonju Yi family member..

李龍祥, the last prince of Ly dynasty fled to korean peninsula in 1226 and he was the founder fo Hwasan Yi family. Hwasan Yi family produced many heros like Yi maeng-woon.. there are still 1800 hwasan Yi family in SK.

And the Jeong-seon Yi family's founder(Yi yang hon) also came from vietnam

A while back, there was a thread on AF about the connection between the Koreans Hwasan Yi clan and Vietnamese Ly dynasty.

http://www.asiafinest.com/forum/index.php?showtopic=3528

Its nice to see such close relationship between Vietnam and Korea, I think the two nations should have more military exchanges, in which the South Koreans would offer high-tech military hardware to Vietnam.

How the hell can a person of Vietnamese descent found a Korean royal bloodline? Especially considering that Vietnam and Korea and nowhere near each other geographically?

You ever heard of a thing called "ships"?

It's kinda funny when Vietnamese people and Korean people in this thread talk about a closer relationship, while some individuals, happened to be Chinese, have so much doubts

No he hasn't.

2 true...are chinese afraid of something? lol j/k

^Isn't it obvious?

dont know who kangta is



hes my korean wet dream

wait.. girls dont have wet dreams

anyways. i have heard abuot the korean craze in vietnam. and i like vietnamese food. so i guess we're all good