A seminar on strengthening Vietnam – Republic of Korea (RoK) financial cooperation in the brand new context was held in Seoul on May 12, bringing collectively policymakers, expertise companies and companies from each international locations to debate new alternatives for strategic collaboration.
The seminar, collectively organised by the Vietnamese Embassy and the Vietnam Trade Office in the RoK, occurred shortly after the state go to to Vietnam President Lee Jae Myung and his partner, and was seen as a concrete step towards implementing the strategic cooperation orientations agreed upon by leaders of the 2 international locations.
In his opening remarks, Vietnamese Ambassador Vu Ho emphasised that financial cooperation continues to function a key pillar of bilateral relations. He harassed the necessity for each international locations to maximise the complementary strengths of their economies and broaden collaboration into strategic sectors similar to synthetic intelligence (AI), semiconductors, clear power, digital transformation and innovation.
Ho reaffirmed Vietnam’s dedication to enhancing the funding local weather, accelerating institutional reforms and accompanying international enterprises, together with the Korean enterprise neighborhood, in their long-term improvement in Vietnam.
He added that the Vietnamese Embassy and Trade Office in the RoK will proceed to play an energetic bridging function in selling dynamic and versatile financial diplomacy, strengthening connectivity amongst authorities companies, localities and companies of each international locations, and facilitating funding and expertise switch initiatives.
At the seminar, many Korean enterprises described Vietnam as an more and more engaging funding vacation spot and proposed stronger cooperation in power transition, digital expertise, high-quality human sources coaching and the event of strategic expertise industries.
Notably, a number of delegates steered that nuclear energy might emerge as a brand new strategic space of cooperation, significantly in workforce coaching, expertise switch and the event of supporting industries.
A spotlight of the occasion was the signing of a number of memoranda of understanding between the Vietnam Trade Office and the Vietnam Office of Science and Technology in the RoK and Korean companions, together with KOEN, KNP, G-Tops and Megazone Cloud. The agreements cowl cooperation in power, cloud computing, digital transformation, human sources improvement and enterprise connectivity, opening up new prospects for additional bilateral collaboration.
The Republic of Korea is at the moment Vietnam’s largest international direct investor, with cumulative registered funding exceeding 94 billion USD and greater than 10,000 legitimate initiatives. Two-way commerce turnover reached roughly 89.5 billion USD in 2025, marking a year-on-year enhance of 9.6%./. VNA