Creating conditions for Korean businesses to expand investment in Vietnam
The National Assembly Chairwoman proposed to promote cooperation between Vietnam and Korea in new fields such as semiconductor industry, artificial intelligence and supply chain connectivity.
On the afternoon of October 27, Politburo Member, National Assembly Chairman Tran Thanh Man received the delegation of the Korea - Vietnam Friendship Association led by Chairman Lee Shin Jae to visit Vietnam.
At the reception, National Assembly Chairman Tran Thanh Man expressed his emotion at the sincere feelings and support of Korean organizations, associations, businesses, and friends for Vietnam; affirmed the important role of people-to-people diplomacy in consolidating social foundations, further deepening understanding between the people of the two countries and concretizing the content of the Vietnam - Korea Comprehensive Strategic Partnership relationship.
The National Assembly Chairwoman affirmed that Vietnam always considers Korea one of the leading important partners in the fields of economy, trade, investment, science and technology, tourism and education and training.
South Korea is currently one of the largest foreign investors in Vietnam, with total registered investment capital accumulated in 9 months of 2026 exceeding 100 billion USD. In particular, tourism cooperation continues to be a bright spot in the two countries' relations. In 9 months of 2026, Vietnam welcomed more than 3 million Korean tourists.
In the coming time, Chairman of the Korea-Vietnam Friendship Association Lee Shin Jae wishes to continue to closely coordinate with the Vietnam Union of Friendship Organizations to promote exchange activities, organize investment and trade connection forums, and expand cooperation into new fields such as artificial intelligence, scientific research and technology transfer.
Expressing agreement with the opinions of Chairman Lee Shin Jae, National Assembly Chairman Tran Thanh Man emphasized that in the coming time, the two sides need to continue to strengthen delegation exchanges and high-level contacts; promote trade and investment promotion, especially in areas where Vietnam has needs and Korea has strengths such as science, technology, innovation, semiconductor industry and artificial intelligence.
The National Assembly Chairwoman proposed strengthening business connections between the two countries, creating conditions for Korean businesses to expand investment in Vietnam, supporting Vietnamese businesses to participate more deeply in the supply chain and production network of Korea; promoting people-to-people exchanges, creating conditions for more and more Korean tourists to come to Vietnam and Vietnamese people to come to Korea, thereby strengthening understanding and attachment between the people of the two countries.
The National Assembly Chairwoman wished the Korea-Vietnam Friendship Association to continue to pay attention to and support the Vietnamese community living, studying and working in Korea. On the Vietnamese side, through the Vietnam Union of Friendship Organizations and relevant agencies, it will continue to pay attention to and create favorable conditions for the Korean community in Vietnam to live, study, produce and do business.
On the side of the Vietnamese National Assembly, the National Assembly Chairwoman affirmed that she will always maintain close relations with the Korean National Assembly in exchanging experience in law-making, supervision... to make the activities of the two National Assemblies more and more effective.
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