VIETNAM’S top leader To Lam hosted South Korean President Lee Jae Myung in Hanoi on Wednesday, announcing a dozen cooperative agreements including on tech innovation and development of nuclear power plants.

South Korea is Vietnam’s biggest source of foreign investment and one of its top trading partners, with two-way commerce topping $90 billion last year.

Lee’s visit showed “high political trust” between the two countries, Lam said during the meeting at the presidential palace.

“Vietnam welcomes South Korean companies to make new investments and expand existing projects, with a focus on the development of infrastructure, smart cities, semiconductors, AI data centres, nuclear power, smart seaports,” the Vietnamese leader said.

It was the second meeting in lessthan a year between the two Asian leaders, following Lam’s visit to Seoul in

August.

AFP

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