Vietnam and South Korea on Monday agreed to elevate their bilateral ties into a comprehensive strategic partnership, as the latter seeks to diversify its trade partners and reduce reliance on China.
Vietnamese President Nguyen Xuan Phuc embarked on a three-day trip to Seoul, where he met with his South Korean counterpart, Yoon Suk-yeol, to discuss economic and security cooperation.
Both countries agreed to form a comprehensive strategic partnership and signed “various cooperation documents” to expand cooperation in economic and security issues, Yoon said in a statement.
“Both countries are already optimal partners in trade and investment. The government will also provide active support so that businesses from both countries can further promote trade and investment,” he added….