The delegation is expected to include Samsung Electronics Vice Chairman and CEO Lee Jae Yong, Hyundai Motor Group Chairman Chung Euisun, LG Group Chairman Koo Kwang Mo, and SK Group Chairman Chey Tae Won, among others.

Vietnam continues to serve as a major global manufacturing hub, with Samsung Electronics producing nearly half of the world’s smartphones in the country, while LG Display and LG Innotek maintain extensive production networks.

SK Innovation is currently implementing a US$2.3 billion energy project in Vietnam, which includes a gas-fired power plant and an LNG terminal.

According to analysts, Vietnam is emerging as a strategic destination for RoK firms to diversify their supply chains, mitigate risks from geopolitical fluctuations, and expand partnerships with local players in the coming period.

Vietnamese localities connect with RoK businesses for stronger economic co-operation

VOV.VN - A conference on boosting economic cooperation between Vietnam and the Republic of Korea (RoK) was held on September 17 by the Vietnam Embassy in Seoul in coordination with the Department of External Affairs and Cultural Diplomacy under the Ministry of Foreign Affairs, and Tay Ninh, Nghe An, and Quang Tri provinces.