Korea-Vietnam Strengthen Nuclear Power Cooperation... Nuclear Industry Dialogue Resumes After 8 Years

South Korea and Vietnam have agreed to strengthen their cooperation on nuclear power.

On the morning of the 25th, Ahn Deok-geun, Minister of Trade, Industry and Energy, held a bilateral meeting with Nguyen Hong Dien, Minister of Industry and Trade of Vietnam, at the Lotte Hotel in Seoul to discuss ways to expand cooperation in the energy and trade sectors.

Vietnam is South Korea's third-largest trading partner after China and the United States, and the largest trading and investment partner within ASEAN, with over 9,000 Korean companies operating locally.

On this day, the Vietnamese side introduced recent trends in their nuclear power policy and proposed expanding nuclear cooperation between the two countries. Although there are currently no operating nuclear power plants in Vietnam, the Communist Party Central Committee decided last November to resume the nuclear power project.

In response, the Korean side introduced the excellence of Korean nuclear power and agreed to discuss concrete cooperation plans by resuming the bilateral director-level nuclear industry dialogue, which had been suspended since 2017.

Furthermore, both countries agreed to closely cooperate and communicate to ensure that Korean companies operating in Vietnam do not face difficulties amid the recent uncertain trade environment.

They also agreed to promptly finalize the ongoing discussions on revising the Korea-Vietnam FTA to facilitate customs clearance for export companies, and to strengthen supply chain cooperation through the establishment of the Vietnam Core Minerals Supply Chain Technology Cooperation Center, which will be actively promoted starting this year.

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