President Moon Jae-in (left) and Vietnamese President Tran Dai Quang pose for a photo at the Presidential Palace in Hanoi on March 23.

President Moon Jae-in (left) and Vietnamese President Tran Dai Quang pose for a photo at the Presidential Palace in Hanoi on March 23.

By Yoon Sojung
Photos = Cheong Wa Dae Facebook

President Moon Jae-in, currently in Vietnam on a state visit, vowed to bolster bilateral ties between Seoul and Hanoi on March 23. 

President Moon proposed upgrading Seoul-Hanoi ties to a “comprehensive partnership relationship” from the existing “strategic cooperation partnership relationship.”

President Moon held a summit meeting with Vietnamese President Vietnamese President Tran Dai Quang at the Presidential Palace in Hanoi earlier that day. After the meeting, the two leaders announced a “joint declaration to usher in a new 25 years of history between Korea and Vietnam.”

In the joint declaration, the two countries agreed to host summit meetings on a regular basis and to develop bilateral business cooperation. It also contains measures to deepen the friendship between the peoples of both countries. 

President Moon said, “Korea and Vietnam have been developing an exemplary win-win cooperative relationship ever since the establishment of diplomatic ties in 1992, and forging a ‘strategic cooperation partnership relationship.’”

He said that the volume of trade between the two countries last year expanded more than 40 percent to reach USD 64 billion. President Moon also said that the number of tourists going between the two countries jumped more than 50 percent to a record 2.7 million in 2017, saying that Vietnam has become the most popular tourist destination for Koreans holiday makers. 

Dubbing Vietnam as “a core partner for Seoul’s New Southern Policy,” President Moon said, “I would like to upgrade our bilateral relationship up a further notch to become a comprehensive partnership relationship, as next year our two countries will mark the 10th anniversary of forging our strategic cooperation partnership relationship.” 

Vietnamese President Tran Dai Quang responded by saying that, “Under the direction of Korea’s New Southern Policy, I hope the bilateral relationship can develop further.” 

President Moon Jae-in (right) and Vietnamese President Tran Dai Quang hold a summit meeting at the Presidential Palace in Hanoi on March 23.

President Moon Jae-in (right) and Vietnamese President Tran Dai Quang hold a summit meeting at the Presidential Palace in Hanoi on March 23.

In regard to cooperation between businesses, the two leaders agreed to bolster cooperation on the manufacturing industry, including parts and materials and the automobile sector, all in order to achieve the goal of reaching a trade volume of USD 100 billion by 2020.

The two countries agreed to expand Korea’s contribution to infrastructure works in Vietnam, such as road and airport construction projects, and to work together on jointly responding to the evolution of the fourth industrial revolution, and to boost development cooperation. 

To deepen the friendship between the peoples of the two countries, President Moon vowed to strengthen support for multicultural families in Korea with Vietnamese spouses. He also vowed to manage hospitals and to build more schools, especially in central Vietnam. 

After the summit, the two governments signed a total of six memorandums of understanding (MOUs) in six areas. They include an “Action Plan for the goal of achieving a bilateral trade volume of USD 100 billion by 2020,” and cooperation agreements cover the parts and materials industry, traffic and infrastructure, and cooperation on jointly responding to the fourth industrial revolution.




On March 22 K-ICT Born2Global Centre (B2G) held the “Go-To-Market Road show @ Hanoi: IR Pitching Event” at Grand Plaza Hanoi Hotel in Vietnam.


Ten innovative companies pitched their impressive ICT technology. Five judges, including experts VCs, accelerators, entrepreneurs and corporate partners assessed all the contestants on their company's technological, market and team competencies. As a result, MOIN in Korea and HACHI in Vietnam got selected as the most outstanding companies respectively. After the IR and networking session, technology and products of each company were demonstrated.


At the event, MOU was signed between Born2Global and Vietnam Silicon Valley (VSV). Both organizations agreed to cooperate in joint development of promising innovative technology companies in Korea and Vietnam and share enterprise support programs.


The programs consist of: 1) domestic and overseas investment of ICT sector's innovative technology companies, 2) joint establishment of key strategies for successful overseas expansion, 3) providing connection with the key programs needed for fostering companies, 3) sharing information on eco-system in each country to find ICT promising companies, 4) search for other effective and productive ways of mutual cooperation.



“We have signed a MOU to promote Korea's ICT promising innovative technology company in Vietnam which we hope will act as a booster,” said JongKap Kim, Chief Executive Director of B2G, as he kicked off the event. “Korea and Vietnam will work together to develop technologies and businesses. We will share our strategic know-how and look for ways to link them together,” he added.




Few of the participating companies are listed below:



Korean Companies


UlalaLAB (

A smart factory platform for control & analyze the data by AI, based on IoT and clouding for small and medium manufacturing companies. Just install the Wimfacotry on the equipment in the production line. It can check real-time data of factory facilities, operation status, and malfunction status.


BlueSignal (

Predictor of future driving risk rates and traffic status based on traffic data and artificial intelligence algorithms. Highly effective for improving the prediction of transportation accuracy and traffic flow.


FlyHigh (

FlyHigh specializes in security. If there's a difference from an existing security company, FlyHigh is focusing on real results and convenience. So they create a product that's not existing. Or they make existing products easier and more effective. It is the secret FlyHigh won with big companies until now.



MOIN develops a global money transfer service based on Blockchain technology. MOIN provides overseas remittance among South Korea, Japan, and China at present and plans to expand into Southeast Asia countries


Hankook NFC (

MySnappyPOS is an easy and instant payment service app for small/individual merchants who want to be able to accept credit card payments and Apple Pay, using only a smartphone. By enabling payments without a traditional POS system or credit card terminals, MySnappyPOS turns your smartphone into anywhere payment terminal.



GSIL’s Smart Construction Safety Management System is a total safety management platform for construction. GSIL provides accident prevention, safety examinations, field monitoring services and real-time worker location service solution using IoT wearables.



Vietnamese Companies


Peko Peko (

Peko offers a suite of CRM and mobile payment platform that helps drive business online to offline retail shops in a sustainable and low-cost way. Through gamification, Peko rewards both shops and shoppers to transact together with the best value.


Hachi (

Hachi system can apply hydroponic system, drip irrigation and IoT to increasing productivity to 50-300% higher than normal. We connect and help farmer sell vegetable to restaurant after they harvest.


689Cloud (

Cloud-based platform and customized solution that makes simplify secured file sharing & collaboration on Cloud for internal & external business. 689Cloud developed by global team (US, JAPAN & Vietnam) experienced in Cloud & security solution since 2013, and launched to the market in Oct 2017, in Mar 2018 some major customers like VIB Bank, QTSC, UEL University started using the product.


Wework (

Online work management platform for enterprises: Flexibly manage multi projects, easy collaboration in real time notifications and dash board reports. 

Newsletter Sign Up

By clicking "submit," you agree to receive emails from Bron2Global and accept our web terms of use and privacy and cookie policy*Terms apply.

Apply now for 2022 Boot-X Batch 2 program! (7/8 ~ 8/15 Mon 24:00 KST)