President Lee Jae Myung on Thursday urged South Korea and Vietnam to forge a more resilient economic partnership, saying deeper cooperation on supply chains, energy and advanced industries is essential to weather growing global uncertainty.
“Global economic uncertainty is rising, creating a time of crisis. Under such circumstances, economic cooperation between South Korea and Vietnam has become more important than ever,” Lee said during a meeting with business leaders from the two countries in Hanoi.
The meeting came ahead of a large-scale business forum in Hanoi attended by around 500 participants, about 250 from each side.
Lee underscored that he was “confident that Korea and Vietnam are ideal partners to lead the global value chain.”
“Vietnam is a global manufacturing hub with strong production capabilities and abundant resources. If these strengths are combined with Korea’s advanced industrial technologies, we will be able to overcome any crisis,” Lee said.
“I also believe the two countries can together build out the ecosystem for future industries.”
