Korea (RoK)

The two sides discussed measures to promote cooperation in economy, trade, and investment, as well as coordination within regional and global frameworks such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

The Republic of Korean carrier Parata Air announced on October 27 that it will operate five new routes from Incheon International Airport to three destinations in Vietnam, namely Da Nang, Nha Trang, and Phu Quoc, and two in Japan.

Samsung E&A, a subsidiary of the RoK's Samsung Group, has been hailed for investment in ensuring centralised water supply for the Mekong Delta.

The Busan Exhibition and Convention Centre (BEXCO) announced on October 14 that it is expanding its exhibition industry network across Asia, through a memorandum of understanding (MoU) with the Saigon Exhibition and Convention Centre (SECC) and Becamex IDC Corporation.

SEP Cooperative of the Republic of Korea will invest in a tropical fruit juice processing plant and a biofuel extraction plant using rice straw and other agricultural by-products in Can Tho city.

The Ministry of Industry and Trade (MoIT), in collaboration with the Ministry of Finance and the Korea International Cooperation Agency (KOICA), held a workshop to review the project on promoting the energy-saving and efficiency investment market under Vietnam’s green growth action plan in Hanoi on September 25.

President Luong Cuong appreciated the practical contributions by Korean enterprises, including SK, which have played an important role in Vietnam’s socio-economic development.

Deputy Prime Minister Ho Duc Phoc voiced his support for the IBK’s plan to establish a new legal entity in Vietnam, showing the hope that the bank will continue to achieve success and make greater contributions to the Southeast Asian nation’s economy.

Tay Ninh, Nghe An and Quang Tri provinces have strategic locations and significant cooperation potential, said Nguyen Thi Thai Binh, Minister-Counsellor at the Vietnamese Embassy, expressing confidence that with creativity and determination, these provinces and their Korean partners will find ample opportunities for productive collaboration.

Deputy Prime Minister Ho Duc Phoc hosted a reception for Chairman of automaker Thaco Tran Ba Duong and CEO and President of the Republic of Korea (RoK)’s Hyundai Rotem Lee Yong-bae in Hanoi on September 9, during which Lee voiced the company’s interest in partnering with Vietnam on high-speed railway projects.

The first shipment of Korean pears, weighing 16.2 tonnes and valued at about 60 million KRW (roughly 43,000 USD), will be distributed to major Vietnamese cities such as Ho Chi Minh City and Hanoi.

Celltrion launched two biosimilars in Vietnam this year, Remsima – for the treatment of autoimmune diseases in June, and Herzuma – for breast and stomach cancer, in August, the company said in a press release.

Held in Ho Chi Minh City from August 14–16, Secutech Vietnam 2025 attracted around 17,000 visitors. At the Korean pavilion, 25 companies in the disaster safety sector showcased innovative products and technologies covering fire prevention and firefighting, disaster preparedness, and daily safety solutions.

The RoK and Taiwan have long been among Vietnam’s leading sources of international visitors. Arrivals from the two markets have grown steadily, while more Vietnamese are also traveling to these destinations.

Mega US Expo 2025 brings together representatives from more than 30 startup support centres, research institutes, and universities and innovation support organisations from Vietnam and the RoK, helping to promote sustainable cooperation and foster incubation programmes, joint manufacturing ventures, and technology commercialisation between the two nations.

Leaders of Khanh Hoa province met with executives of HD Hyundai and SK Innovation to explore opportunities to partnerships in shipbuilding and energy industries.

Vietnam is ready to serve as an important gateway for Korean enterprises to enter the Southeast Asian market. Korean firms with experience and advanced technology to engage in energy transition and national infrastructure modernisation, said Party leader To Lam.

The event took place within the Vietnam–RoK Economic Forum which is part of the Vietnamese leader’s state visit to the RoK. The documents span areas including energy, digital infrastructure, manufacturing, logistics, tourism, finance, and high-quality personnel training.

Large-scale projects invested by Korean investors in strategic sectors such as semiconductors and energy are poised to give a strong boost to foreign direct investment (FDI) inflows into Vietnam, creating momentum to attract more high-value projects from global investors.

Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.