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South Korea·Vietnam·Southeast Asia·Diplomacy·Trade & Economy·Energy

South Korean president meets Vietnamese leader in Hanoi to strengthen economic partnership

Wednesday, 22 April 2026, 06:47 · 1 min read

South Korean President Lee Jae Myung held a bilateral summit in Hanoi on Wednesday with Vietnamese leader To Lam — who recently consolidated power by holding both the positions of Communist Party General Secretary and State President — focusing on trade, energy security, and supply chain cooperation. Lee's visit, the first by a foreign head of state since To Lam assumed the dual role, follows a record $94.6 billion in bilateral trade in 2025, with both countries targeting $150 billion by 2030. Discussions also centred on nuclear energy, critical minerals, and reducing dependence on Chinese supply chains amid ongoing geopolitical and Middle East-related disruptions.

Sources
YonhapLee set for summit talks with Vietnam's To Lam to discuss economic ties ↗︎
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