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Market Chatter: Vietnamese Firms, South Korea Enter 73 Agreements for Cooperation

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Vietnamese firms and South Korea signed 73 contracts in the technology, energy, and infrastructure niches on Thursday, Reuters reported the same day citing a list of the agreements.

The move came after Vietnam and South Korea entered into 12 MoUs on Wednesday for mutual long-term cooperation during South Korean President Lee Jae Myung's visit to Hanoi.

The non-binding agreements reportedly include a potential nuclear plant investment in southern Vietnam, as well as the development of LNG and wind power projects. The deals also cover MoUs for data center development in Vietnam, and cooperation in the semiconductor, rail, and unmanned submarine and surface vehicle niches, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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