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Trade, Industry and Energy Minister Lee Chang-yang / Courtesy of Ministry of Trade, Industry and Energy

By Baek Byung-yeul

Korea and Vietnam agreed to increase cooperation in supply chains for minerals that are needed for IT devices and electric car batteries, eco-friendly renewable energy and textiles, according to the industry ministry, Monday.

Korea's Ministry of Trade, Industry and Energy said its minister signed a total of three agreements with his Vietnamese counterpart during a ministerial meeting in Seoul.

Korea's Trade, Industry and Energy Minister Lee Chang-yang and Vietnam's Industry and Trade Minister Nguyen Hong Dien signed the agreements following a summit between President Yoon Suk-yeol and Vietnamese President Nguyen Xuan Phuc.