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South Korea, Vietnam leaders to meet as Hanoi seeks high-tech investment

The agreements include cooperation on artificial intelligence, nuclear power and digital transformation as the two countries target $150 billion in trade by 2030, officials said.

  • On Wednesday, South Korean President Lee Jae Myung and Vietnam's President To Lam met in Hanoi, signing 12 non-binding agreements to boost cooperation in nuclear energy, technology, and infrastructure.
  • South Korea serves as Vietnam's largest source of foreign investment, with two-way trade exceeding $90 billion last year as both nations seek to strengthen supply chains amid global trade turmoil.
  • Vietnam reviews reviving its nuclear program through joint feasibility studies, while digital cooperation agreements promote collaboration in artificial intelligence and cybersecurity.
  • Leaders reaffirmed a goal to reach $150 billion in bilateral trade by 2030, while Lam pushes a "new growth model" prioritizing digital innovation to escape the "middle-income trap."
  • Infrastructure projects include a deal expected Thursday for South Korean exports of metro systems to Ho Chi Minh City, as leaders noted cooperation is vital amid supply chain instability from Middle East volatility.
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Vietnam, South Korea sign deals on tech, nuclear power

Vietnam's top leader To Lam hosted South Korean President Lee Jae Myung in Hanoi on Wednesday, announcing a dozen cooperative agreements including on tech innovation and development of nuclear power plants.

·Missoula, United States
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President Lee Arrives in Hanoi, Vietnam; Summit Tomorrow, 3-Day, 4-Night State Visit Schedule. President Lee Jae-myung arrived in Hanoi on the afternoon of the 21st (local time) after concluding his state visit to India, beginning his 3-day, 4-night state visit to Vietnam. The presidential plane carrying President Lee and First Lady Kim Hye-kyung departed from Noi Bay, Vietnam this afternoon.

·Luxembourg City, Luxembourg
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연합뉴스-Yonhap News Agency broke the news in Korea (the Republic of) on Tuesday, April 21, 2026.
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