The two nations have pledged to nearly double bilateral trade and explore closer military ties, with expanded arms sales on the cards
The four-day visit began on Monday, with the two leaders pledging to deepen economic cooperation and expand bilateral trade to US$150 billion by 2030 – a big boost from the current US$86.8 billion.
These companies not only contributed to economic development but fostered “mutually beneficial cooperation between the two countries”, Lee said in a televised address on Monday, stressing that developing the semiconductor industry would be a joint priority.
Lam, the general secretary of Vietnam’s Communist Party, led a high-level delegation to Seoul, including ministers of industry, trade, foreign affairs and technology. He called on South Korea to continue nurturing Vietnamese talent in advanced fields such as artificial intelligence, biotechnology and shipbuilding.
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