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The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
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28.9 C
Ho Chi Minh City
Sunday, July 20, 2025

Vietnam, S.Korea pledge to deepen ties

The Saigon Times

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HCMC – Vietnam and South Korea want to strengthen bilateral relations as Vietnamese President To Lam met with South Korean Prime Minister Han Duck-soo in Hanoi today during the latter’s ongoing visit to pay his last respects to Party General Secretary Nguyen Phu Trong.

Vietnam is holding a State funeral and two days of national mourning in honor of the late General Secretary of the Central Committee of the Communist Party of Vietnam. He passed away on July 19, 2024 at the age of 80.

During the meeting, PM Han acknowledged General Secretary Trong’s legacy and conveyed South Korean President Yoon Suk-yeol’s heartfelt condolences to the State, the people of Vietnam, and his family.

He praised Vietnam’s international standing, reaffirming South Korea’s commitment to Vietnam as a vital foreign policy partner and a key partner in regional efforts.

President Lam expressed gratitude for the condolences and emphasized Vietnam’s desire to strengthen cooperation with South Korea in various fields, including defense, security, trade, and investment.

He underscored the Party chief’s invaluable contributions to upgrading bilateral relations to a Comprehensive Strategic Partnership between Vietnam and South Korea in 2022.

Prime Minister Pham Minh Chinh (L) greets his South Korean counterpart Han Duck-soo in Hanoi – PHOTO: NHANDAN.VN

On the same day, PM Han had a separate meeting with his Vietnamese counterpart Pham Minh Chinh. Both leaders stressed the need to enhance economic ties, with PM Chinh encouraging South Korean businesses to expand investments in Vietnam, particularly in sectors such as semiconductor and renewable energy.

South Korea is a major investor in Vietnam, with thousands of South Korean companies active in the country. The two nations aimed to bring two-way trade to US$150 billion by 2030.

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