Visiting and working with Gyeongsangbuk province, Korea
The two sides exchanged and signed friendship cooperation in the fields of agriculture, industry and education.Besides bilateral cooperation, Vietnam and Korea are also important partners with active contributions in regional and international multilateral cooperation forums and frameworks. The Vietnam-Korea relationship has a solid foundation based on many similarities in culture, history, and complementary economic structures, especially the friendship and efforts towards the future of the two countries. governments and peoples of the two countries.
Economically, South Korea is currently the largest foreign investor in Vietnam with a total registered direct investment (FDI) capital as of October 2018 of about $65 billion with more than 7,000 projects. Korea is currently the second largest trading partner of Vietnam and Vietnam is the fourth largest trading partner of Korea.
Currently, there are more than 180,000 Vietnamese people living, studying and working in Korea, while the number of Koreans in Vietnam also reaches more than 160,000 people. This force is actively contributing to the socio-economic development of each country and the friendly and cooperative relationship between the two countries. That relationship has contributed to consolidating peace and expanding cooperation for the prosperity of each country and region.