The meeting, which took place in Seoul, was attended by Kim Jong Cheol, Director-General for the International Trade Relations Bureau under the Republic of Korea (RoK)'s Ministry of Trade, Industry, and Energy; and Do Quoc Hung, Director of the Asia-Africa Market Department at Vietnam's Ministry of Industry and Trade, among other officials.

Workers process pineapples for export at a factory in the northern province of Ninh Binh.

The two sides reviewed the current state of trade and investment and exchanged views on recent economic developments. Discussions also covered potential cooperation in various sectors, including nuclear power plant construction and addressing challenges faced by businesses.

Kim emphasised the importance of expanding future-oriented economic cooperation with Vietnam, the RoK’s third-largest trading partner. He noted the growing need for such collaboration amid the global uncertainty.

On the occasion of the 10th anniversary of the Vietnam-Korea Free Trade Agreement (VKFTA), Kim stressed that both sides should intensify efforts to further expand trade and investment.

Meanwhile, Hung highlighted that the RoK is the largest investor in Vietnam and reiterated Vietnam’s strong desire to grow alongside the RoK. He also stated that Vietnam would pay close attention to the challenges faced by Korean companies operating in the country.

The Vietnam-Korea Plus Joint Working Group serves as a collaborative platform for the two countries' governments, trade ministries, and trade support organisations to discuss ways to expand trade and investment.

The target of reaching 150 billion USD in bilateral trade by 2030 was agreed upon by the leaders of both nations in 2022.

The group held its first meeting in September 2023.

OV communities celebrate early Tet with cultural festivities in RoK, New Zealand

The Vietnamese communities in the Republic of Korea (RoK) and New Zealand are ushering in the 2025 Lunar New Year with vibrant celebrations that showcase the homeland’s cultural heritage while strengthening bonds with the host nations.

Vietnam, RoK expand tourism cooperation

The Asia Tourism Development Institute (ATI) and the Korea Tourism Management Association organised a conference in Hanoi on November 30 to promote tourism, trade, and education cooperation between Vietnam and the Republic of Korea (RoK).

RoK Government holds roundtable with companies operating in Vietnam

The Republic of Korea (RoK)’s Ministry of Trade, Industry, and Energy on November 25 organised a roundtable with Korean businesses operating in Vietnam to discuss strategies to respond to potential changes in US trade policies under the incoming administration of President-elected Donald Trump.

Deputy PM asks for RoK support in training high-quality human resources

Deputy Prime Minister Nguyen Hoa Binh urged the Republic of Korea (RoK) to invest in high-quality workforce training, particularly in cutting-edge fields like semiconductors, AI, and digital transformation , while addressing a Vietnam-RoK investment cooperation forum at the National Innovation Centre (NIC) in Hanoi on November 21.

Vietnam, RoK talk trade remedies

Vietnam and the Republic of Korea (RoK) looked into measures to reduce trade disputes, tackle emerging issues in this field, and step up cooperation in anti-dumping investigations, at a conference on November 6.

Vietnam, RoK expand cooperation on smart city building

A business connection programme to foster cooperation between Vietnam and the Republic of Korea (RoK) in smart city development is underway in Ho Chi Minh City.