Hanoi: South Korea and Vietnam have agreed to strengthen their collaboration in the energy and infrastructure sectors, with discussions during recent summit talks also considering Vietnam's possible return to nuclear power.

According to Anadolu Agency, South Korean President Lee Jae-myung held discussions with his Vietnamese counterpart To Lam on Wednesday, where they addressed various issues, including Vietnam's reconsideration of nuclear energy. The nuclear energy plan, which was suspended in 2016 due to financial constraints, is now being reviewed again due to increasing electricity demand.

South Korea's National Security Adviser, Wi Sung-lac, noted that Vietnam is open to increased involvement from Korean companies in its energy transition. He mentioned that discussions regarding the stalled Ninh Thuan nuclear project are in early stages, focusing on feasibility assessments and risk considerations.

On the sidelines of the summit, Korea Electric Power Corporation and Vietnam National Industry-Energy Group took a significant step by signing two memorandums of understanding. These agreements will facilitate joint feasibility studies and explore financing options for potential nuclear energy projects.

The two nations also decided to expand their cooperation in critical mineral supply chains and agreed to establish a new technology cooperation center aimed at supporting strategic resource development. Beyond economic ties, Presidents Lee and To Lam exchanged views on regional and global security issues, including the ongoing conflict in the Middle East. They also attended a ceremony where approximately 12 agreements and memorandums of understanding were signed, covering multiple sectors.