ASEAN, particularly Viet Nam and Thailand, has also stood out. The RoK’s exports to ASEAN rose 12.5% over the period, reaching 122.4 billion USD in 2025, while exports to Viet Nam climbed 10.8% to 62.8 billion USD.

The Republic of Korea’s medical and beauty device manufacturers are increasingly viewing Viet Nam where the median age is 33.4 as a promising market with strong consumer demand and rapid economic growth.

South Korea and Vietnam's leaders pledged to deepen economic cooperation on Monday as their export-dependent countries try to shore up longstanding supply chains as U.S. President Donald Trump's tariffs shake up global trade.

Alongside trade, industrial and energy cooperation has consistently been a focus of both Vietnam and the Republic of Korea, forming a key pillar of their relations.

Key areas of cooperation include logistics, distribution, textile investment, and multilateral trade frameworks such as ASEAN–RoK, RCEP, APEC and IPEF.

The Vietnam-Korea Plus Joint Working Group held its third online meeting on February 7, focusing on measures to enhance cooperation and achieve the goal of raising bilateral trade to 150 billion USD by 2030.

To increase the market share of Vietnamese warm-water shrimp in the Republic of Korea (RoK), the Vietnam Association of Seafood Exporters and Producers (VASEP) has proposed that domestic authorities negotiate to remove quotas on this product.

The Korea-Vietnam Global Technology Transfer initiative supports Korean SMEs in exporting suitable technologies to Vietnamese companies.

The Vietnamese Government highly appreciated the business activities and contributions of Korean enterprises in Việt Nam. There has been a strong shift from simple processing sectors to high-tech industries, energy projects, finance-banking and high-quality services.

South Korea and Vietnam held talks Wednesday to discuss ways to ease trade disputes and expand cooperation between the two nations, the industry ministry said.