(VOVworld) – A meeting to mark the Republic of Korea’s 4345^th National Day was held in Ho Chi Minh city on Friday. Participants reviewed 20 years of diplomatic ties between Vietnam and the Republic of Korea and agreed that their relationship has become a good example of bilateral cooperation in the region.

The two countries elevated bilateral ties to the level of strategic partnership in 2009. Republic of Korea Consul General in Ho Chi Minh city, Oh Jea Hack, said: “As Republic of Korea Consul General, I have noticed the close cooperation between the two countries in all areas. This result is attributable to the effort and enthusiasm of our people, businesses and governments. The Ho Chi Minh city Vietnam-Republic of Korea Friendship Association has contributed a great deal to fostering exchanges and cooperation between the two countries.”

The Republic of Korea is currently Vietnam’s 4^th biggest trade partner. Two-way trade value reached 21 billion USD last year and is expected to soar to 70 billion USD by 2020. Ho Chi Minh city is considered the symbol of cooperation between Vietnam and the Republic of Korea. There are 1,800 operating Korean businesses and more than 80,000 Korean citizens working and living in the city.