Vietnam, South Korea seek to strengthen transport ties

Vietnam, South Korea seek to strengthen transport ties

Vietnamese Minister of Construction Tran Hong Minh on May 20 had a meeting with South Korean Ambassador to Vietnam Choi Youngsam in Hanoi to discuss future cooperation opportunities.

Choi Youngsam said that South Korea and Vietnam have continuously strengthened and expanded cooperation in many fields, including construction, transportation, housing, and smart cities.

The two officials discussed cooperation opportunities. Photo: MoC

Emphasising the level of scientific and technological development of South Korea in high-speed railways, the ambassador shared, “South Korean enterprises are interested in the North-South High-Speed ​​Railway and are ready to strengthen cooperation, train human resources, and transfer locomotive/carriage manufacturing technology for Vietnam to implement this project.”

In addition, South Korea also wishes to further strengthen cooperation with Vietnam in smart urban development, the implemention of urban transport projects, and manufacturing cars and buses.

Minister Tran Hong Minh said that in transport, South Korea is the second-largest bilateral donor to Vietnam. Since 1996, the South Korean government has been providing capital support for Vietnam to develop transport infrastructure.

He added, “The increasingly improved legal system has created favourable conditions for domestic and foreign enterprises to expand cooperation and investment in Vietnam.”

He expected that relevant South Korean agencies will continue to share experiences with Vietnam in receiving and mastering high-speed railway development technology and the railway industry, and the operation of freight transport on high-speed railways.

VIR