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South Korea, Vietnam discuss nuclear, supply chain cooperation

By Asia Today and translated by UPI World News - UPI.com
President of Vietnam and General Secretary of the Communist Party To Lam (2-R) and his wife Ngo Phuong Ly (R), South Korean President Lee Jae Myung (2-L) and his wife Kim Hea Kyung (L) pose for a group photo at the Presidential Palace in Hanoi, Vietnam, 22 April 2026. President Lee is on a state visit to Vietnam from 21 to 24 April 2026. Photo by LUONG THAI LINH / EPA
President of Vietnam and General Secretary of the Communist Party To Lam (2-R) and his wife Ngo Phuong Ly (R), South Korean President Lee Jae Myung (2-L) and his wife Kim Hea Kyung (L) pose for a group photo at the Presidential Palace in Hanoi, Vietnam, 22 April 2026. President Lee is on a state visit to Vietnam from 21 to 24 April 2026. Photo by LUONG THAI LINH / EPA

April 22 (Asia Today) -- South Korean President Lee Jae-myung held summit talks with Vietnam's top leader on Tuesday to strengthen cooperation in nuclear energy, infrastructure and supply chains, as both countries seek to navigate rising global uncertainties.

Lee met with To Lam in Hanoi during a state visit, where the two sides discussed expanding strategic cooperation across key sectors, including energy security and critical minerals.

The talks come as prolonged conflict in the Middle East heightens concerns over global energy supply disruptions, prompting both countries to pursue more resilient and diversified supply chains.

South Korea and Vietnam, each among the other's top three trading partners, agreed to deepen cooperation not only in trade and investment but also in nuclear power, infrastructure, defense and other strategic industries.

The two countries have set a goal of increasing bilateral trade from $94.6 billion in 2025 to $150 billion by 2030.

Lee is expected to express support for South Korean companies seeking to participate in major Vietnamese infrastructure projects, including a new urban development project valued at about 1.1 trillion won ($740 million) and a new airport project estimated at 102.7 billion won ($69 million).

The leaders are also expected to discuss expanding cooperation in science and technology, climate response, artificial intelligence semiconductors and cultural industries, as well as boosting people-to-people exchanges such as tourism.

Ahead of the summit, Lee said relations between the two countries had reached a "comprehensive strategic partnership" following the 30th anniversary of diplomatic ties in 2022.

"Through this visit, we aim to further develop our highest-level cooperation into a more future-oriented and strategic partnership," Lee said during a meeting with Korean residents in Vietnam.

Lee also paid tribute at the mausoleum of Ho Chi Minh before the summit and is scheduled to attend a state banquet hosted by the Vietnamese leadership.

On Wednesday, Lee is expected to meet Vietnam's prime minister and National Assembly chair, and attend a business forum with executives from major South Korean conglomerates, including Lee Jae-yong, Chey Tae-won and Koo Kwang-mo.

-- Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260422010007161

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This story was originally published April 22, 2026 at 9:51 PM.