South Korea and Vietnam are set to deepen their economic and strategic partnership as their leaders meet to strengthen ties during growing global trade challenges and shifting tariffs.
South Korean President Lee Jae Myung will host Vietnamese leader To Lam for a landmark summit on Monday, marking the first state visit since Lee took office in June.
The two leaders are expected to focus on boosting trade and investment between the countries.
To Lam, the general secretary of the Vietnamese Communist Party, arrives with a high-level delegation including ministers of industry, trade, foreign affairs, technology, and senior parliament members for a four-day visit.
At the summit, the two nations plan to sign at least ten memoranda of understanding covering cooperation in areas such as nuclear and renewable energy, monetary and financial policies, and science and technology.
This visit is anticipated to pave the way for South Korean firms to invest heavily in Vietnam’s infrastructure and energy projects, including nuclear power.
Vietnam has long served as an export hub for major South Korean companies like Samsung Electronics, attracted by lower labor costs, tax incentives, and Vietnam's broad network of free trade agreements.
However, recent U.S. tariffs imposed by President Donald Trump—15% on South Korean goods and 20% on Vietnamese imports have cast uncertainty over future investments, coinciding with a slowdown in new investments reported by Vietnam.
South Korean businesses are eyeing Vietnam’s upcoming nuclear energy, LNG power plants, and high-speed rail projects as key investment opportunities.
A cyberattack targeting a service provider shut down electronic check-in and boarding systems across several of Europe’s major airports on Saturday,...
Peter and Barbie Reynolds, aged 80 and 76, have arrived in the UK on Saturday after being released by the Taliban. They were detained in Afghanistan i...
Israel’s military continued its assault in Gaza City and across the Gaza Strip on Saturday, dismantling underground shafts and booby-trapped structu...
President Masoud Pezeshkian said on Saturday that Iran would overcome any reimposition of sanctions through a so-called 'snapback' process, after the ...
The Azerbaijan Grand Prix will remain on the Formula One schedule through at least 2030. The organisation announced the contract extension on Saturday...
South Korea’s parliament passed a bill on Wednesday prohibiting the use of mobile phones and other digital devices in school classrooms nationwide.
North Korea stated on Saturday that South Korean forces fired warning shots in the border area earlier this week, calling the move a deliberate provocation, according to state media KCNA.
Kim Yo Jong, sister of North Korean leader Kim Jong Un, accused Seoul and its president of having a “dual personality,” criticising their commitment to peace while carrying out joint exercises with the United States, according to state media KCNA on Wednesday.
North Korea’s Kim Yo Jong, a senior official in the ruling Workers’ Party, said on Thursday that South Korea’s belief in Pyongyang’s response to peace overtures is a “pipedream.”
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
Royal Air Force Typhoon jets have started air-defence patrols over Poland as part of NATO’s Eastern Sentry mission, following recent violations of Polish airspace by Russian drones.
Thousands demonstrated in The Hague on Saturday demanding stricter migration policies and tougher controls on asylum seekers. Dutch police deployed tear gas and a water cannon after protesters smashed windows, set a police car alight and blocked a highway.
The north and south towers of Notre-Dame Cathedral in Paris reopened to the public on Saturday, six years after a devastating fire ravaged the cathedral on 15 April 2019, destroying the roof and spire and inflicting major damage.
A cyberattack targeting a service provider shut down electronic check-in and boarding systems across several of Europe’s major airports on Saturday, including Heathrow, Brussels and Berlin.
Peter and Barbie Reynolds, aged 80 and 76, have arrived in the UK on Saturday after being released by the Taliban. They were detained in Afghanistan in February while travelling to their home in Bamyan province, held without charge for more than seven months. Their release was mediated by Qatar.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment