The Korea Times
Business leaders from Korea and Vietnam signed 73 memorandums of understanding (MOUs) in Hanoi, Thursday, during President Lee Jae Myung's state visit to the Southeast Asian country. At a forum held on the sidelines of the president’s visit, businesses from the two countries agreed to expand partnerships in artificial intelligence (AI), infrastructure, energy, consumer goods and financial services. SK Innovation and SK Telecom signed separate MOUs with the Vietnam National Innovation Center and the Nghe An provincial government, respectively, to establish AI infrastructure. Daewoo E&C joined hands with Saigontel for a joint data center project. In the rechargeable battery sector, POSCO Future M won an approval from the Thai Nguyen provincial government for the construction of a plant for artificial graphite anode materials. Doosan Enerbility signed an MOU with two subsidiaries of Petrovietnam to cooperate in the nuclear energy sector, while Taihan Cable & Solution agreed with Newtecons to upgrade Vietnam's power grid and work together in the extra-high-voltage cable market. With the pres
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