South Korea, Vietnam Sign Nuclear & Tech Deal — SkimNews
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- South Korea and Vietnam signed 12 non‑binding documents on energy, technology and security cooperation in Hanoi.
- Vietnam agreed to study a joint nuclear power plant project with a planned capacity of 2‑3.2 GW by 2035 after Japan withdrew.
- Lee Jae Myung said the partners will work more closely to strengthen energy security and stabilize supply chains.
- To Lam said the agreement will support Vietnamese businesses joining South Korea’s production, supply and distribution chains to build a self‑reliant economy.
- Vietnam aims to raise bilateral trade to $150 billion by 2030, up from $89.5 billion last year.
- Samsung is in talks with Vietnamese authorities about a possible back‑end semiconductor factory, while Intel and Amkor already operate large back‑end chip plants in Vietnam.
Why it matters: Vietnam secures a pathway to nuclear power and advanced semiconductor capacity, cutting reliance on China and strengthening energy resilience, while South Korea expands its market foothold in Vietnam’s fast‑growing manufacturing sector, supporting its goal of $150 billion trade by 2030 in the region.
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