Vietnam and Korea Strengthen Tech and Investment Bonds

Vietnam and South Korea are advancing their comprehensive strategic partnership, prioritizing technology, investment, and innovation. This high-profile meeting underscores the essential nature of bilateral cooperation in developing sectors.

On April 22, 2026, in Hanoi, Ho Quoc Dung welcomed Bae Kyung Hoon during the state visit of President Lee Jae Myung. Senior officials from both nations were present at this critical discussion.

In his remarks, Deputy Prime Minister Ho Quoc Dung underscored the visit's importance in solidifying relations between the countries. He noted that collaboration in science and technology has manifested as a central facet of their partnership, yielding promising early results.

Vietnam reiterated its dedication to fostering ties with South Korea based on mutual respect, partnership, and collaborative growth. The leadership expressed hope that this visit would generate new momentum for more impactful cooperation moving forward.

Vietnam encouraged South Korean investors to delve into vital areas such as infrastructure, high-tech manufacturing, semiconductor production, biotechnology, and smart cities. The government also emphasized the necessity of translating policy frameworks into tangible projects that yield genuine benefits.

Deputy Prime Minister Bae Kyung Hoon highlighted that numerous leading Korean firms view Vietnam's burgeoning economy and skilled labor as ripe for investment opportunities. He stressed continued collaboration in fields such as agriculture, education, and developmental initiatives.

Both parties acknowledged the significance of the Vietnam-Korea Institute of Science and Technology as a hallmark of their successful partnership. Anticipated future collaborations are set to expand into advanced domains like artificial intelligence and semiconductor technology, with a collective aim for practical and enduring outcomes.