{"id":2209195,"date":"2025-04-17T08:00:12","date_gmt":"2025-04-16T23:00:12","guid":{"rendered":"https:\/\/koreapro.org\/?p=2209195"},"modified":"2025-04-18T11:15:37","modified_gmt":"2025-04-18T02:15:37","slug":"south-korea-and-vietnam-expand-ties-through-institutionalized-action-plan","status":"publish","type":"post","link":"https:\/\/koreapro.org\/2025\/04\/south-korea-and-vietnam-expand-ties-through-institutionalized-action-plan\/","title":{"rendered":"South Korea and Vietnam expand ties through institutionalized action plan"},"content":{"rendered":"

South Korean foreign minister Cho Tae-yul held the <\/span>second ROK\u2013Vietnam foreign ministers\u2019 dialogue<\/span><\/a> in Hanoi on Tuesday with his Vietnamese counterpart Bui Thanh Son, reaffirming both sides\u2019 commitment to deepening cooperation across economic, infrastructure and security sectors. The two ministers reviewed implementation of a joint action plan tied to their <\/span>comprehensive strategic partnership<\/span><\/a> and agreed to strengthen collaboration in areas including energy, nuclear power, high-speed rail, science and technology, labor and consular coordination, according to the foreign ministry.<\/span><\/p>\n

Cho raised operational concerns on behalf of South Korean businesses in Vietnam, citing persistent difficulties with labor permits, licensing procedures and residency status. He emphasized the goal of reaching $150 billion in bilateral trade by 2030 and noted the contributions of some 10,000 Korean companies to Vietnam\u2019s economy. Son pledged to resolve these issues and highlighted Vietnam\u2019s March cabinet-level meeting with Korean firms as a sign of ongoing support. The two sides also discussed regional security, with Cho expressing concern over North Korea\u2019s military ties with Russia and warning against any reward for Pyongyang in a potential Ukraine ceasefire.<\/span><\/p>\n

WHY IT MATTERS<\/b><\/p>\n

South Korea\u2019s latest dialogue with Vietnam suggests that Seoul is pursuing long-term institutional alignment rather than short-term hedging against U.S. trade uncertainty. By embedding cooperation into formal structures, Seoul is signaling its intent to lock in regional partnerships that can outlast election cycles and absorb external shocks.<\/span><\/p>\n

However, this is not the first time that Seoul has requested Vietnam\u2019s cooperation in resolving operational delays that South Korean businesses face in the Southeast Asian country, underscoring the gap between Hanoi\u2019s strategic pledges and bureaucratic performance. As Seoul expands its economic footprint in Vietnam \u2014 particularly in high-tech manufacturing \u2014 these issues could pose material risks to supply chain stability and investment continuity.<\/span><\/p>\n

Chinese leader Xi Jinping\u2019s <\/span>concurrent visit<\/span><\/a> to Hanoi further highlights Vietnam\u2019s strategic value. While Beijing promotes a centralized, state-to-state model, Seoul is betting on commercial access, infrastructure investment and policy reliability. The durability of that approach will depend on South Korea\u2019s ability to translate diplomatic momentum into tangible advantages for its firms and sustained regional leverage.<\/span><\/p>\n

Business & Economy<\/span><\/a>Inter-Korean & Foreign Relations<\/span><\/a><\/div>","protected":false},"excerpt":{"rendered":"

South Korean foreign minister Cho Tae-yul held the second ROK\u2013Vietnam foreign ministers\u2019 dialogue in Hanoi on Tuesday with his Vietnamese counterpart Bui Thanh Son, reaffirming both sides\u2019 commitment to deepening cooperation across economic, infrastructure and security sectors. The two ministers reviewed implementation of a joint action plan tied to their comprehensive strategic partnership and agreed […]<\/p>\n","protected":false},"author":10407,"featured_media":2209196,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[24,28],"class_list":["post-2209195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-briefings","tag-business-economy","tag-inter-korean-foreign-relations"],"yoast_head":"\nSouth Korea and Vietnam expand ties through institutionalized action plan - Korea Pro<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/koreapro.org\/2025\/04\/south-korea-and-vietnam-expand-ties-through-institutionalized-action-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Korea and Vietnam expand ties through institutionalized action plan - Korea Pro\" \/>\n<meta property=\"og:description\" content=\"South Korean foreign minister Cho Tae-yul held the second ROK\u2013Vietnam foreign ministers\u2019 dialogue in Hanoi on Tuesday with his Vietnamese counterpart Bui Thanh Son, reaffirming both sides\u2019 commitment to deepening cooperation across economic, infrastructure and security sectors. 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