Overview

• To Lam will arrive Sunday for a four-day state visit that opens with summit talks on Monday and a state banquet hosted by Lee
• This meeting marks the first foreign state visit of Lee’s presidency and the first visit by a Vietnamese Communist Party general secretary to Seoul since 2014
• Lee and Lam will discuss political, security, trade and investment cooperation along with joint projects in nuclear power, high-speed rail, smart cities and technology
• South Korean firms have invested $92 billion in Vietnam to date, making South Korea the country’s top foreign investor
• Both countries now face new U.S. export tariffs set at 15% on Korean goods and 20% on Vietnamese products