During his talks with South Korean Minister of Land, Infrastructure, and Transport Park Sangwoo in Hanoi on March 31,  Minister of Construction Tran Hong Minh asked relevant agencies of South Korea to continue sharing experience with Vietnam in mastering high-speed rail technology, developing the railway industry, and organizing rail freight transportation services. 

The event marks a significant milestone, reflecting the strong and growing relationship between Vietnam and South Korea in effectively implementing the Comprehensive Strategic Partnership established in 2022.

In the field of transport infrastructure, since 1996, the South Korean government has provided funding support for Vietnam to develop its transportation infrastructure. Up to date, the two sides have successfully completed nine projects on transport infrastructure, with a total loan value estimated at over $1 billion and are currently working together on other six projects with a total loan value of nearly $600 million.

Minister Park Sangwoo shared that South Korea is eager to share its experience, transfer technology, train human resources, and support Vietnam in localizing and mastering high-speed rail technology in the coming times.

“We are ready to cooperate on a mutually beneficial basis for the common development of both countries,” Minister Park Sangwoo noted.

Currently, Vietnam is strongly focus on developing  the railway sector, therefore, Minister Tran Hong Minh hopes that South Korean agencies will continue to support Vietnam by sharing expertise in acquiring and mastering high-speed rail technology, developing the railway industry, and organizing rail freight transport services.

Additionally, Minister Tran Hong Minh urged South Korea to consider providing Official Development Assistance (ODA) for Vietnam’s railway infrastructure projects as well as promote cooperation between the two countries in training human resources, sharing expertise in railway technology, smart transportation, energy transition, and developing sustainable green infrastructure. 

In addition to cooperation in the railway sector, he also suggested that South Korean enterprises, with their extensive experience, explore the possibility of participating in the design, construction, and development of aviation infrastructure projects in Vietnam in the coming times.

On this occasion, the two Ministers signed a memorandum of understanding (MoU) to elevate cooperation in the railway sector between the two countries.

On the same day,  the Ministry of Construction (MoC), in collaboration with South Korea’s Ministry of Land, Infrastructure, and Transport of South Korea (MOLIT), also organized the Vietnam - South Korea Railway Cooperation Forum 2025. 

Within the framework of the forum, several key MoUs were signed between the two sides to promote the partnership in the railway sector. These agreements include a partnership between the Korea Railroad Corporation (KORAIL), the Korea National Railway (KNR), and the Vietnam Railway Corporation (VNR), and partnership between the Korea Rail Industry Association (KORASS) and the Vietnam Association of Construction Contractors (VACC).