South Korean National Assembly Chairman to officially visit Vietnam

According to the announcement of the Ministry of Foreign Affairs, at the invitation of Chairman of the National Assembly of the Socialist Republic of Vietnam Tran Thanh Man, Chairman of the National Assembly of the Republic of Korea Woo Won Shik and his wife will pay an official visit to Vietnam from November 20 to 22, 2025.

Speaker of the National Assembly of South Korea Woo Won Shik. (Photo: VGP)

Vietnam and South Korea established diplomatic relations on December 22, 1992. To date, the two countries have formed about 100 cooperative and twinning relationships between localities.

Political relations remain good, the two sides promote the exchange of letters, telegrams and direct contacts; and agree to promote high-level delegation exchanges.

On the occasion of General Secretary To Lam's State visit to the Republic of Korea (August 10-13, 2025), the two sides adopted a Joint Statement on deepening the Vietnam-RoK Comprehensive Strategic Partnership.

The two sides agreed to continue to coordinate effectively and on schedule to implement the Action Program to implement the Vietnam-Korea Comprehensive Strategic Partnership.

Korea is Vietnam's No. 1 investment partner; No. 2 tourist market; No. 2 ODA provider; No. 3 trade partner; and No. 3 labor receiving market.

In terms of trade, South Korea is Vietnam's third largest trading partner (after China and the United States), its third largest export market and its second largest import market.

Accumulated up to October 2025, two-way trade turnover reached 73.2 billion USD, up 8.1% over the same period in 2024; of which Vietnam exported 23.8 billion USD (up 12%), imported 49.4 billion USD (up 6.3%).

Regarding investment, as of October 2025, Korea continues to be the largest investor in Vietnam with 10,329 projects, total registered capital of 94.3 billion USD, accounting for more than 23% of the total number of FDI projects and 18% of the total registered FDI capital. Korea's investment focuses on important areas such as processing and manufacturing industry, high technology, electronics, automobiles and auto parts, construction, real estate, etc.

Regarding development cooperation, Vietnam continues to be Korea's top priority partner in providing ODA capital through the Economic Development Cooperation Fund (EDCF) under the Export-Import Bank of Korea (KEXIM).

PV

Source: https://nhandan.vn/chu-tich-quoc-hoi-han-quoc-sap-tham-chinh-thuc-viet-nam-post923826.html