President Lee Jae Myung (right) and General Secretary of tỷ lệ bóng đá kèo nhà cái Communist Party of Vietnam To Lam are seen after a joint press conference held at Lee's office in Seoul on Monday. (Yonhap)
Leaders of South Korea and Vietnam on Monday agreed to broaden tỷ lệ bóng đá kèo nhà cái bilateral cooperation into forward-looking sectors in a summit held during tỷ lệ bóng đá kèo nhà cái Southeast Asian country's leader's state visit to Seoul.
South Korean President Lee Jae Myung and General Secretary of Vietnam's Communist Party To Lam agreed to "foster a favorable environment" for South Korean companies to participate in Vietnam's projects to build urban infrastructure, high-speed railways and nuclear power plants, according to tỷ lệ bóng đá kèo nhà cái presidential office.
Lee told reporters after tỷ lệ bóng đá kèo nhà cái summit at tỷ lệ bóng đá kèo nhà cái presidential office in Seoul that he expressed his willingness for South Korean companies to join large-scale projects in Vietnam, such as tỷ lệ bóng đá kèo nhà cái construction of new nuclear power plants and its north-south high-speed railway, adding tỷ lệ bóng đá kèo nhà cái companies are aware of tỷ lệ bóng đá kèo nhà cái importance of ensuring a stable power supply and establishing a modernized transport system in Vietnam.
"I expressed my hope for a successful example of cooperation, based on our companies' technological prowess and extensive experience," Lee said, adding that Lam told him that he would "actively consider Korea's participation."
tỷ lệ bóng đá kèo nhà cái remarks came as tỷ lệ bóng đá kèo nhà cái introduction of nuclear energy has recently gained momentum in Vietnam, with tỷ lệ bóng đá kèo nhà cái Vietnamese authorities looking to build more nuclear power plants in addition to two once-stalled ongoing projects in Vietnam's Ninh Thuan province.
One of 10 memorandums of understanding signed on tỷ lệ bóng đá kèo nhà cái occasion of tỷ lệ bóng đá kèo nhà cái summit was aimed at establishing programs run jointly by tỷ lệ bóng đá kèo nhà cái two countries to nurture talents in tỷ lệ bóng đá kèo nhà cái field of nuclear energy. According to tỷ lệ bóng đá kèo nhà cái presidential office, tỷ lệ bóng đá kèo nhà cái signing of tỷ lệ bóng đá kèo nhà cái document between Korea Electric Power Corp. President Kim Dong-cheol and Petrovietnam Chair Le Manh Hung will allow Vietnam to enhance its understanding of nuclear power plants designed by South Korean firms and create a favorable environment for South Korea's foray into Vietnam's nuclear power industry.
Also drawing keen attention from South Korean firms is a 1,713 trillion dong ($65.3 billion) project to build 1,500 kilometers of high-speed rail connecting Hanoi and Ho Chi Minh City to cut tỷ lệ bóng đá kèo nhà cái commute hours between tỷ lệ bóng đá kèo nhà cái two cities from 30 hours under tỷ lệ bóng đá kèo nhà cái current infrastructure to as short as 5 1/2 hours.
tỷ lệ bóng đá kèo nhà cái cooperation will also be made in tỷ lệ bóng đá kèo nhà cái field of urban infrastructure in Bac Ninh province, as well as renewable energy, finance and advanced technology, Lee also said, adding he asked for Lam's attention to ensure tỷ lệ bóng đá kèo nhà cái stable operation of some 10,000 South Korean enterprises in Vietnam.
At tỷ lệ bóng đá kèo nhà cái summit, tỷ lệ bóng đá kèo nhà cái leaders also agreed to increase tỷ lệ bóng đá kèo nhà cái bilateral trade volume to $150 billion by 2030, up about 75 percent from $86.7 billion in 2024. This year marks tỷ lệ bóng đá kèo nhà cái 10th anniversary of a bilateral free trade agreement that has been in effect since 2015.
According to tỷ lệ bóng đá kèo nhà cái Korea International Trade Association, Vietnam has been tỷ lệ bóng đá kèo nhà cái third-largest trading partner with South Korea after tỷ lệ bóng đá kèo nhà cái United States and China for three straight years, from 2022 to 2024, counting exports and imports combined. Both exports and imports surged over 9 percent in 2024 from tỷ lệ bóng đá kèo nhà cái previous year.
"Aiming to be a responsible global power to address tỷ lệ bóng đá kèo nhà cái changing global order ... South Korea reached a consensus with Vietnam that tỷ lệ bóng đá kèo nhà cái need for bilateral cooperation is more important than ever as Vietnam pursues a goal of becoming a high-income country by 2045," Lee said. "We agreed to foster bilateral cooperation in a way that is more forward-looking and future-oriented."
This echoed Lee's remarks in an interview with Vietnam News Agency on Friday that raising tỷ lệ bóng đá kèo nhà cái trade target is meant to "contribute to tỷ lệ bóng đá kèo nhà cái sustainable growth" of both countries, adding that South Korea was poised to become Vietnam's "trusted partner on (tỷ lệ bóng đá kèo nhà cái) journey" to achieving Vietnam's goal of becoming an upper middle-income country by 2030 and a high-income country by 2045.
President Lee Jae Myung (left) and General Secretary of tỷ lệ bóng đá kèo nhà cái Communist Party of Vietnam To Lam (right) walk on a red carpet as Lee receives Lam at his office in Seoul on Monday. (Pool photo via Yonhap)
Some 340,000 Vietnamese people are estimated to reside in South Korea, and some 190,000 Koreans live in Vietnam. As there are approximately 100,000 multicultural households comprising South Koreans and Vietnamese, Lee described tỷ lệ bóng đá kèo nhà cái two countries' relationship as "countries of in-laws," during his meeting with Lam.
Highlighting cultural ties, tỷ lệ bóng đá kèo nhà cái president's wife Kim Hea Kyung also received Ngo Phuong Ly, Lam's wife, and together they visited tỷ lệ bóng đá kèo nhà cái National Museum of Korea in Yongsan, central Seoul.
Lam and Ly arrived in Seoul for a state visit to South Korea on Sunday and are set to depart tỷ lệ bóng đá kèo nhà cái country Wednesday. Lam was accompanied by eight ministers.
Lam became tỷ lệ bóng đá kèo nhà cái first head of state to visit South Korea since Lee's inauguration on June 4. tỷ lệ bóng đá kèo nhà cái visit to South Korea by a general secretary of Vietnam's Communist Party was also tỷ lệ bóng đá kèo nhà cái first since 2014.
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