Yoon-Vietnam Prime Minister Bilateral Meeting: "Further Expanding Strategic and Future-Oriented Cooperation"

"Goal to Achieve $150 Billion Trade Volume by 2030"

President Yoon Suk-yeol is applauding after taking a commemorative photo with Laos Prime Minister Sonexay Siphandone and others at the Korea-ASEAN (Association of Southeast Asian Nations) Summit held at the National Convention Center (NCC) in Vientiane, Laos, on the 10th (local time).
From the left: Prime Minister Prayut Chan-o-cha of Thailand, Prime Minister Pham Minh Chinh of Vietnam, President Yoon, Prime Minister Sonexay Siphandone of Laos, and Prime Minister Anwar Ibrahim of Malaysia. [Image source=Yonhap News]

President Yoon Suk-yeol, who is visiting Vientiane, Laos to attend the ASEAN (Association of Southeast Asian Nations) Summit, held talks with Vietnamese Prime Minister Pham Minh Chinh on the 10th (local time) and stated, "I hope to further expand strategic and future-oriented cooperation across multiple sectors."

President Yoon first said, "I am pleased that the bilateral relationship is developing day by day to befit a 'Comprehensive Strategic Partnership,' based on active high-level exchanges." He added, "I appreciate Vietnam's support for our government's efforts toward bold initiatives, including the denuclearization of the Korean Peninsula and peaceful unification," and evaluated that "Vietnam, as a key partner within ASEAN, has played a significant role in the recent elevation of the Korea-ASEAN Comprehensive Strategic Partnership."

In response, Prime Minister Chinh emphasized, "Let us continue to closely cooperate for the development of the Korea-Vietnam and Korea-ASEAN Comprehensive Strategic Partnerships." He mentioned, "Vietnam will do its best to ensure the continuous development of the bilateral relationship, which is in its best condition." He also expressed gratitude, saying, "The Korean government's prompt provision of $2 million in humanitarian aid to overcome the damage caused by Typhoon Yagi recently is a testament to the strong ties and friendship between our two countries."

President Yoon proposed continuing close cooperation to revitalize trade with the goal of reaching $150 billion in bilateral trade volume by 2030. He also requested Vietnam's continued interest and support for the smooth local activities and expansion of Korean companies, hoping that opportunities for Korean companies to participate in Vietnam's infrastructure projects such as high-speed rail and liquefied natural gas (LNG) power generation would continue to be provided.

In response, Prime Minister Chinh replied, "We will pay attention to ensure that Korean companies, which are key investors in Vietnam, can operate smoothly in Vietnam."

This content was produced with the assistance of AI translation services.