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On April 21, 2026, Vietnam’s Minister of Construction Trần Hồng Minh and Korea’s Minister of Land, Infrastructure and Transport (MOLIT) Kim Yun-duk held a bilateral meeting at the Ministry of Construction headquarters in Hanoi. Kim Yun-duk said that amid ongoing global instability—particularly the conflict in the Middle East, which is affecting supply chains and energy security—strengthening bilateral cooperation has become more essential than ever.
Korea’s side said it is seeking to provide rolling stock for Metro Line 2. Kim Yun-duk cited recent high-level engagement as a key driver of momentum, including the August 2025 visit by General Secretary To Lâm, as well as a meeting between the Director of MOLIT’s Railway Bureau and the Vietnamese ambassador in Korea to discuss rail-sector cooperation.
Kim Yun-duk added that MOLIT will continue to push bilateral cooperation, particularly in transport and urban infrastructure. He proposed establishing a Vietnam–Korea Infrastructure and Technology Cooperation Committee to strengthen information exchange and improve coordination between the two sides.
Beyond rail, Korea also expressed interest in expanding cooperation into road infrastructure, ports and aviation. The Korean side said it aims to mobilize financial resources and apply PPP/ODA models, support policy development, and conduct human resources training.
Korean companies also want to participate in Vietnam’s urban development, including smart city development and housing investment. They also plan to address urban challenges such as waste management, environmental issues and energy, while strengthening construction capacity and policy development.
Minister Trần Hồng Minh said the meeting both consolidates existing cooperation and creates momentum for new steps in transport and urban development. He noted that Korea has shown interest in participating in urban development projects.
The Korea Land and Housing Corporation is currently implementing the Southeast Urban Area in Hung Yen. The two sides have also cooperated on three ODA projects related to smart cities and social housing.
Minh said the Ministry of Construction is ready to facilitate cooperation, but that deployment methods must be studied to ensure practical effectiveness. The ministers also discussed mutual priorities, including progress on the North–South high-speed railway project and Vietnam’s social housing policy, and welcomed Korean firms’ participation in these efforts.
To operationalize cooperation, the ministers directed relevant agencies to coordinate with Korea on the following priorities:
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