At the signing ceremony, delegates agreed that investment and technology in construction were considered key missions to lower construction cost due to the high rate of economic growth and urbanisation in Vietnam. This is also a chance for Vietnam to learn experience from South Korea.
Information sharing on construction policy and technology is part of the agreement.
As a sponsor for construction firms, Korea Specialty Contractor Financial Co-operative expressed the hope to expand investment in projects with Vietnamese construction firms.
The South Korean delegation also visited the Thăng Long Citadel in Hanoi, which is preserved by National Institute of Architecture. Both sides discussed construction techniques used in Vietnam.