The Vietnamese energy market is expected to be very dynamic, and Vietnam is keen to welcome foreign investors, including those from the RoK. The country also welcomes comprehensive strategic partners with rich experience and knowledge in nuclear power.
Seoul (VNA) – Vietnamese Minist🍃er of Industry and Trade Nguyen Hong Dien had a meeting with the Republic of Korea (RoK)’s Minister of Trade, Industry and Energy Ahn Duk-geun in Seoul on February 25, during which the two sides discussed ways to bolster bilatera☂l cooperation in the fields of trade and industry.
In their statements, both sides highlighted cooperation in energy, particularly renewable energy and nuclear power. They had extensive discussions on various issues, ranging from management experience to methods of providing human resources, financial support, and technology transfer.
On the occasion, Dien also introduced Vietnam’s new policies to Korean partners. The minister noted that with the goal of achieving double-digit economic growth by 2030, Vietnam plans to reach 150 GW in electricity production by 2030. The Vietnamese energy market is expected to be very dynamic, and Vietnam is keen to welcome foreign investors, including those from the RoK. The country also welcomes comprehensive strategic partners with rich experience and knowledge in nuclear power.
On the sidelines of his meeting with Ahn, Dien also had discussions with several large Korean energy corporations, such as KEPCO, Doosan Energy, POSCO E&C, and LS Eco Energy. Beyond electricity and energy, the Korean partners showed a strong interest in cooperation on the exploitation of rare earth in Vietnam. Vietnam is estimated to have rare earth reserves of around 22 million tonnes, accounting for more than 18% of the global reserves, making it the second-largest holder of rare earth worldwide.
Lee Sang-ho, CEO of LS Eco Energy, said that to stabilise and secure the supply chain, LS Eco Energy will intensify its activities related to permanent magnets. In addition to focusing on cooperation in rare earth mining, LS Eco Energy also plans to expand its cooperation with Vietnam in the development of energy infrastructure, including participation in nuclear power projects./.
With its promising market, high-quality workforce, and attractive support policies, Vietnam is emerging as an ideal destination for technology giants to expand production and investment.
Choi Joo Ho, General Director of Samsung Vietnam, was commended for his efforts in expanding Samsung’s investment in Vietnam, significantly contributing to the country’s socio-economic development.
Chairman of the provincial People’s Committee Vo Van Minh said that the RoK currently ranks 5th among 65 countries and territories investing in Binh Duong, with 776 projects and total investment amounting to 3.45 billion USD.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
