VK Trans Vietnam-Korea Transportation Infrastructure Cooperation Center

Overview

Date:

• March 22, 2018 (Thursday) 14:00~15:00

Place:

• Vietnam National University of Transportation (UTC) A1 Building

Attendance

• (Republic of Korea): Hyun-mi Kim(Minister of Land, Infrastructure and Transport), Il-Pyeong Kim (Director of Construction Policy), Jae-Hak Oh(Director of Korea Transport Institute), Dong-Joo Kim(Director of Construction Technology Institute), Seung-Heon Han(President of Korea Railroad Research Institute), Hee-Seung Na (President of Korea Railroad Research Institute), and 30 people from related organizations and local corporates.
• (Vietnam) : Nguyen Van The(Minister of Transportation), Pham Manh Hung(Vice Minister of Education), Nguyen Ngoc Long (President of UTC), Khuat Viet Hung(Vice President of the National Transportation Safety Commission), and more than 50 other people from related organizations.

Event Schedule

Section	Hour	Event	Note
Conversation	13:45 ~ 13:55	Conversation	Building A1 Room 201
	13:55 ~ 14:00	Moving to the event venue
Opening Ceremony	14:00 ~ 14:05	Introducing guests	Guest Introduction Progress Report
	14:05 ~ 14:10	Opening remarks	Dr Nguyen Ngoc Long (President of UTC)
	14:10 ~ 14:15	Welcome speech	Jae-Hak Oh(Director of Korea Transport Institute)
	14:20 ~ 14:25	Signing the MOA	Korea Transport Institute, UTC
	14:25 ~ 14:40	Congratulatory	Minister of Land, Infrastructure and Transport
			Minister of Transportation
	14:40 ~ 14:50	Ribbon-cutting ceremony Commemorative photographs
Closing remark	15:00	Closing
Visit	14:50 ~ 15:00	Visiting Office	Visiting Office
Working Session	15:00 ~ 17:00	Discussion of VKTrans	UTC, KOTI, KCTI, KTI, KRRI

Korea-Vietnam Establishment and Operation Plan of Transportation Infrastructure Cooperation Center (VKTrans)

Establishment background and objectives

Strengthen continuous cooperation between Korea and Vietnam for the transportation infrastructure / Support for the project of transportation infrastructure in Vietnam and secure a bridgehead for cooperation systems between the two countries.

Main Business Plans

Proceed workshop, invitation training, and joint research for Vietnamese public officials ('18)

• Joint research on highway planning, construction, technology, operation, regional development, funding education and transportation infrastructure projects for central and local government transportation officials, etc.

Gradually expand into areas including roads, railways, aviation, ports, traffic safety, etc.

• Training and research on highway construction, PPP commercialization and related legislation improvement, economic development, smart highway, etc.; workshops, invitation training, seminars, researches including topics of public transportation, railways, high-speed railways, air, ocean shipping, traffic safety, ITS, autonomous vehicles, and so forth.

Future Operation Plan

Securing the operation organization and human resources

• Operation organization: Organization of Steering Committee, Working Committee, and Advisory Committee.
• Human resources: Three(3) employees (full-time employment): including a director, a deputy director, an office staff, etc. (※ One person from the Korea Transportation Research Institute is dispatched and the operation plan has been approved.)

Methods to secure operating resources

• Prepare joint operation plans by leading the National Land Research Institute, Construction Technology Research Institute, Railway Technology Research Institute, and Road Construction to participate in the plans as cooperative institutions; Prepare operation methods to utilize overseas market development funds; Koica ODA projects, etc.

The opening ceremony of the "Korea-Vietnam Transport Infrastructure Cooperation Center" was held on March 22. Jae-Hak Oh, Director of the Korea Transport Institute(KTI) has signed on an MOA with UTC. Representatives of both Korea and Vietnam governments, including Hyunmi Kim (Minister of Land, Infrastructure and Transport), Nguyen Van The (Minister of Transport of Vietnam), and other representatives of government and organisations participated in the event for the support and the cooperation of the Vietnam Transport Infrastructure Project.

• Attendance: About 70 people, including Hyun-Mi Kim (Minister of Land, Infrastructure and Transport), Jae-Hak Oh (Director of Korea Transport Institute), Dong-Joo Kim (Director of Construction Technology Institute), Seung-Heon Han (President of Korea Railroad Research Institute), Hee-Seung Na (Director of the Korea Railroad Research Institute), Nguyen Van The (Vietnam's Minister of Transportation), Nguyen Ngoc Long (President of UTC), and other people from related organizations.

Korea Minister of Land, Infrastructure and Transport, Hyunmi Kim and representatives of the Korea-Vietnam cooperation project will visit the Minister of Transport in Vietnam from March 5 to March 7. With this object, the “Korea-Vietnam Transport Infrastructure Cooperation Center(VKTrans)” has been established to support Korean companies' supply for transportation infrastructure projects and agreed on cooperation.

Vietnam is a key country in the New Southern Policy(NSP), where Korean companies account for the top order in Asia. Vietnam is the best trade, the best investment and the best development cooperation country, which are ranked all #1, among ASEAN countries with Korea in 25 years.

• Especially, Korea is rapidly leading to the projects of large-scale transportation infrastructure expansion such as roads, railways, and airports with the approval of the Vietnam National Assembly's plan to promote the "North-South Expressway" as a key business of Vietnam’s North-South transport.

At present, Korean organizations of transport infrastructures (Ministry of Land, KOICA, Export-Import Bank of Korea, etc.) support Vietnam through transportation infrastructure projects. However, most of the opinions were toward that the effect of projects was not sure.

• After the opening of the “VKTrans”, the system of Vietnam's transportation infrastructure project will be established with close cooperation between Korea and Vietnam.

With the Korea-ASEAN summit in November last year, Korea has been able to establish a comprehensive cooperation system with the two countries on transportation, one of the four key areas of the NSP.

• Based on the economic development experience and know-how, for example, Incheon Airport and Gyeongbu Expressway, Korea will also use the centre as an institution to discover various infrastructure cooperation projects of the Vietnamese government.

The centre plans to gradually expand Vietnamese public official education and training, invitation training, joint research, performance evaluation, data collection, seminars and workshops, public relations, and human network platforms.