South Korean and Vietnamese business and government leaders vow to bolster cooperation in high-tech sectors, supply chains and energy, as both countries look to navigate mounting geopolitical tensions and protectionist trade policies.

South Korea and Vietnam pledge stronger trade cooperation to counter U.S. tariffs, aiming to boost economic ties and regional growth.

In a speech at South Korea's Yonsei University, Lam urged South Korean companies to keep investing in Vietnam and warned of the risk of fragmenting supply chains. "Vietnam welcomes South Korean enterprises to expand their investments in the country, emphasising substantive cooperation in technology," Lam said.