Vietnam - Korea: Strengthening cooperation on energy sector

Mr. Tran Tuan Anh - Minister of Industry and Trade of Vietnam and Mr. Paik Ungyu - Minister of Commerce, Industry & Energy of Korea co-chaired the eighth meeting of the Vietnam - South Korea Joint Committee on cooperation in nuclear power, energy, industry and trade and the second meeting of the Joint Committee on  implementation of the Vietnam-Korea Free Trade Agreement (VKFTA) in Ho Chi Minh city.

Two Ministers signs the co-operation minutes at the meeting

At the meeting of the Joint Committee on cooperation in nuclear power, industry and trade, both parties discussed and agreed on a number of bilateral cooperation contents, including: Cooperation in the power plant construction projects in BOT form (Build - Operate - Transfer); cooperation in the field of renewable energy; cooperation in energy security management and cooperation in developing supporting industries...

These are the basic contents for the two parties to develop and implement specific and practical projects to further develop industrial, trade and energy cooperation relations in 2018 and the following years.

At this meeting, Minister Tran Tuan Anh and Minister Paik Ungyu signed a Memorandum of Understanding on the establishment of a joint website on the Korea-Vietnam Free Trade Agreement; a Memorandum of Understanding on establishment a centre to handle difficulties arising for Vietnamese and Korean enterprises.

The two Ministers also witnessed the Signing Ceremony of Minutes related to industry and energy sectors.

  • 05/02/2018 12:01