At the ceremony, President Moon Jae In said this was an important milestone in South Korea's support for the development of science and technology in Vietnam.
The Vietnamese Vice State President believed the institute would develop science and technology in Vietnam. Construction is set to be completed in 2020.
South Korean President Moon Jae In arrived in Hanoi yesterday to begin a three-day state visit to Vietnam at the invitation of State President Trần Đại Quang.