South Korean Visit Initiated by Communist Party Chief Tô Lâm
Vietnam and South Korea Deepen Comprehensive Strategic Partnership
Vietnam and South Korea have strengthened their relationship over the past three decades, evolving it into a Comprehensive Strategic Partnership. This partnership, now in its highest framework, is deepening and expanding into advanced and future-oriented sectors.
A Blossoming Relationship
Diplomatic relations between the two countries began in 1992. Since then, they have steadily strengthened cooperation across politics, economics, culture, and social exchanges. A recent visit by Vietnamese Party General Secretary To Lam to Seoul marked a new high point in bilateral ties, reaffirming Vietnam’s commitment to deepen the partnership.
Expanding Horizons
Both countries aim to elevate their Comprehensive Strategic Partnership to higher levels. This includes enhancing political trust and strategic coordination, deepening substantive cooperation in trade, investment, and infrastructure, and strengthening people-to-people and cultural exchanges. Key areas of cooperation have been expanded to future-oriented sectors such as advanced science and technology, energy, and infrastructure development.
Mutual Growth and Investment
South Korea is Vietnam’s top investor and one of its largest trading partners. The two nations have agreed to double bilateral trade by 2030, focusing on strengthening supply chains and industrial cooperation. Korean companies are encouraged to participate in major Vietnamese national projects, including nuclear power plant construction and the North-South high-speed rail project.
People-to-People Ties
A large Vietnamese diaspora in South Korea (over 350,000) actively contributes to the evolving relationship. People-to-people links are supported and promoted through cultural organisations, educational exchanges, and friendship groups, making bilateral ties more substantive and enduring.
In summary, Vietnam and South Korea maintain an increasingly comprehensive and forward-looking partnership. This partnership is guided by shared commitment to regional peace, development, and innovation-driven growth. The visit by Party General Secretary To Lam to South Korea is an example of Vietnam’s foreign policy of independence, self-reliance, multilateralisation, diversification of external relations, and proactive, active, comprehensive, intensive, extensive, and effective international integration.
- As a testament to Vietnam's commitment to deepen the Comprehensive Strategic Partnership, the visit by Party General Secretary To Lam to Seoul signified a significant development in bilateral ties.
- The collaboration between Vietnam and South Korea is expanding to future-oriented sectors such as advanced science and technology, artificially intelligent systems, and policy-making in general-news surrounding AI.
- The diplomatic relations between Vietnam and South Korea have gone beyond politics, economics, and cultural exchange, with the mining of resources within labor pools and policy formation playing influential roles in their partnership.
- Bilateral trade between Vietnam and South Korea targets a doubling by 2030, concentrating on the improvement of supply chains and industrial cooperation in the business sector.
- Amidst the burgeoning partnership, the Korean diaspora in Vietnam, with over 350,000 members, plays a crucial role in educational exchanges and the promotion of cultural links between the two nations.
