South Korea and Vietnam Collaborate on Development Goals

by Kim Hye In Posted : July 31, 2026, 11:08Updated : July 31, 2026, 11:08

South Korea has expressed its commitment to share development experiences to support Vietnam's medium- to long-term national development goals. During a meeting with Kim Yoon-deok, the Minister of Land, Infrastructure and Transport, General Secretary and President Nguyen Phu Trong proposed expanding cooperation in the fields of economy, investment, science and technology, and infrastructure, based on the two countries' comprehensive strategic partnership.


On July 30, local media reports from Vietnam, including Lao Dong, indicated that General Secretary Trong welcomed Minister Kim during his visit to Vietnam. He expressed hope that this visit would contribute to the development of economic cooperation and the comprehensive strategic partnership between Korea and Vietnam.


During the meeting, General Secretary Trong requested that Minister Kim convey his regards to President Lee Jae-myung. He expressed optimism that under President Lee's leadership, South Korea would achieve even greater successes in the future.


General Secretary Trong also expressed satisfaction with the recent tangible results in the bilateral relationship. He emphasized that Vietnam values its relationship with South Korea and hopes to further strengthen the comprehensive strategic partnership in politics, economy, trade, investment, science and technology, culture, and people-to-people exchanges.


The trade target between the two countries was also reiterated. General Secretary Trong emphasized the need to achieve the trade volume target of $150 billion (approximately 215 trillion won) by 2030 in a balanced and sustainable manner. He expressed hope that South Korea would continue to participate in the implementation of Vietnam's future strategic development goals.


Discussions on Cooperation in Infrastructure, Renewable Energy, and Shipbuilding


The Vietnamese side positively evaluated the inter-ministerial cooperation between the two countries. General Secretary Trong welcomed the close collaboration between the Vietnamese Ministry of Construction and the South Korean Ministry of Land, Infrastructure and Transport, suggesting that both sides strengthen experience sharing and expand practical cooperation.


Areas of cooperation included infrastructure construction, renewable energy, shipbuilding technology, and advanced human resource development. General Secretary Trong explained that these areas are priorities for Vietnam in this new era.


Minister Kim conveyed President Lee's regards to General Secretary Trong and the senior leadership of Vietnam, congratulating them on the significant achievements in recent social and economic development.


Minister Kim expressed confidence that under General Secretary Trong's leadership, the Vietnamese people will continue to achieve new successes. He expressed belief that Vietnam will realize its goal of becoming a developing country with a modern industrial base by 2030 and a high-income developed country by 2045.


On this day, Minister Kim also delivered a letter from President Lee Jae-myung. In the letter, President Lee expressed his intention to further develop the cooperative relationship between the two countries.


The letter indicated that South Korea is ready to share its development experiences in areas where it has strengths and that Vietnam needs. It also included the commitment that South Korea will be one of the reliable partners in the process of implementing Vietnam's national development goals.


This meeting took place amid a trend of expanding economic and industrial cooperation based on the comprehensive strategic partnership between South Korea and Vietnam. Both sides confirmed their willingness to expand cooperation in areas that connect Vietnam's development goals with South Korea's experiences.





* This article has been translated by AI.