The Prime Minister highlighted that in a challenging context where global economic growth has slowed, Vietnam’s growth has accelerated; while global public debt has risen, Vietnam’s public debt ratio has decreased; and both the scale of the economy and GDP per capita have increased.
At a meeting on September 22, Prime Minister Pham Minh Chính emphasized that the state should do what the private sector cannot, and should not do what the private sector can do and does better.
This is the first official visit of a high-ranking Vietnamese leader to the RoK since two countries elevated their bilateral relationship to a comprehensive strategic partnership in 2022.