PM Pham's trip expected to open up trade cooperation opportunities for Vietnam, South Korea

Tran Thanh Hai, deputy director of the MoIT’s Agency of Foreign Trade, highlighted that FDI enterprises from South Korea contribute over 30 per cent of Vietnam's total export turnover. - Photo: VNA/VNS

HANOI: The upcoming official visit to South Korea by Prime Minister Pham Minh Chinh and his spouse offers a significant opportunity for bilateral exchanges and cooperation expansion across various fields, especially trade.

According to the Ministry of Industry and Trade (MoIT), the export structures of Vietnam and the republic in their trade ties are complementary with little direct competition.