Investment

Also at the conference, the two PMs witnessed the presentation of 17 investment certificates and cooperation agreements for projects between agencies and businesses of the two countries.

Vietnam’s south central Lam Dong province is currently home to 37 investment projects backed by South Korean enterprises, representing total registered capital of over $279 million. In the first nine months of 2026, the province’s export revenue to South Korea surpassed $56 million, accounting for 1.7% of its total export value.

Vietnam has attracted more than $570 billion in FDI over nearly four decades.

The decisions issued at this plenum aim to strengthen leadership and implementation capacity and rally the strength of the entire nation, with the value of the plenum ultimately reflected in the issues addressed and improvements in people’s lives.

During the talks on October 8, the two PMs affirmed that defence and security cooperation remains a pillar of the bilateral ties, agreeing to strengthen coordination in maintaining security, political stability and social order, combating transnational crime, drug-related crime, human trafficking, smuggling and high-tech crime, and managing and protecting the shared border.

JICA plans to direct these loan facilities toward projects assisting Vietnamese enterprises with technology transfer, business matching, and improved financial access.