Prime Minister Pham Minh Chinh’s ongoing official visit to the Republic of Korea (RoK) as well as cooperation between Vietnam and the East Asian nation has grabbed headlines of local media.
Prime Minister Pham Minh Chinh speaks at the business forum in Seoul on July 1. (Photo: VNA)
Seoul (VNA) – Prime Minister Pham Minh Chinh’s ongoing official visit to the Republic of Korea (RoK) as well as cooperation between Vietnam and the East Asian nation has grabbed headlines of local media.
Many newspapers in the RoK covered a business forum held in Seoul on July 1 on the occasion of the Vietnamese leader’s trip from June 30 to July 3.
The independent news agency Newsis cited Korean Minister of Trade, Industry and Energy Ahn Duk-geun as saying at the forum that the two countries should expand their investment and trade ties to consumer goods, services and infrastructure, among others, apart from intermediate goods.
He also emphasised measures to boost the bilateral trade, towards the target of 150 billion USD by 2030.
The official suggested the connection between Vietnam’s core minerals like rare earths and the RoK’s cutting-edge technologies, adding the RoK is working on the establishment of a centre of core mineral supply chains in the Southeast Asian nation, scheduled to be put into service next year.
Ahn said the two countries boast potential for collaboration in energy and nuclear power.
Newsis also mentioned the exchange of 23 cooperation documents between ministries, agencies, localities, and businesses of the two countries in various spheres, from investment and trade to energy transition, biotechnology, the construction of industrial parks, semiconductor, health care, pharmacy, aviation, logistics, information technology, and mechanics.
It quoted PM Chinh as saying that Vietnam stands ready to cooperate with Korean firms in such areas as semiconductor, artificial intelligence (AI) and hydro energy.
Meanwhile, the website mk.co.kr said following the establishment of the Vietnam-RoK comprehensive strategic partnership in 2022, the forum is expected to enhance economic cooperation between the two countries.
Highlighting the bilateral trade and investment ties, Chosun Ilbo newspaper said the RoK’s investments in Vietnam reach 87 billion USD, and that 19 big Korean groups and companies have signed MoUs with 18 Vietnamese enterprises and government agencies, and decided to expand operation to the fields of new and renewable energy, and semiconductor.
According to Hankuk Kyungje newspaper, Vietnamese and Korean leaders and businesses have decided to expand investment and trade in digital transformation, and cooperate in developing supply chains.
🌠 The Yonhap News Agency said among the 146 countries and territories investing in Vietnam, the RoK stands as the largest, and that the Vietnamese Government has been working hard to lure investments to the semiconductor sector./.
Prime Minister Pham Minh Chinh attended the Vietnam – Republic of Korea (RoK) Labour Cooperation Forum in Seoul on July 1 within the framework of his official visit to the East Asian country to seek ways to improve the quality of bilateral collaboration in the labour field.
Prime Minister Pham Minh Chinh had a working lunch with the Republic of Korea (RoK)’s experts and scientists in semiconductor and artificial intelligence (AI) in Seoul on July 1, during which he expressed his hope that they will share their experience and know-how to help the two industries of Vietnam develop fast and sustainably.
Prime Minister Pham Minh Chinh attended a Vietnam-Republic of Korea (RoK) Business Forum in Seoul on July 1, which attracted 500 delegates from ministries, sectors, agencies and enterprises of both countries.
Malaysia, as ASEAN 2025 Chair, marked the bloc’s 58th founding anniversary on August 8 with a vibrant celebration in Cyberjaya, blending an official ceremony with a colorful cultural festival.
Vietnam plays an important role in Southeast Asia’s economic growth and is a key partner of her country in realising the shared vision of a peaceful, stable, and prosperous region, said Robyn Mudie, First Assistant Secretary of Office of Southeast Asia (OSA) – Southeast Asia Regional and Mainland Division at Australia’s Department of Foreign Affairs and Trade (DFAT).
The 2025 ASEAN Business Community Development (ABCD) Forum, themed “Empowering ASEAN's Next Leap: Digital, Sustainable & Entrepreneurial Transformation” brought together ministers, CEOs, and top industry experts to discuss key regional economic priorities.
The DES Ministry will seek cooperation from social media platforms to prevent the spread of fake news and monitor accounts related to such activities, he told reporters after chairing a meeting of the newly established Anti-Fake News Centre (AFNC).
The Joint Standing Committee on Commerce, Industry and Banking identified the US tariff reduction as a significant driver behind the improved economic outlook for Thailand.
Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across the Association of Southeast Asian Nations (ASEAN), adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.
Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
Malaysia’s gross expenditure on R&D (GERD) reached 1.01% of gross domestic product in 2022, a notable increase, with more than 51% contributed by the industry sector. The country is targeting GERD to reach 2.5% by 2030, in line with the national goal of transforming into a high-technology nation.
