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Korea Vietnam Trade Leap to $150B | South Korea News
South Korea and Vietnam are supercharging their economic alliance, targeting $150 billion in trade by 2030 while fortifying supply chains for critical minerals and energy. In Seoul, ministers outlined plans to boost exports—like Vietnamese lychees and Korean tangerines—and support Korean firms in Vietnam through workforce access and tech sharing. They’re also locking in energy cooperation, including a new oil storage facility in Vietnam to stabilize Asia-Pacific supplies. With trade already at $94 billion last year and annual growth of 10%, this partnership is evolving beyond trade into…
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