Supply Chains
Lee Jae-myung builds on Vietnam summit with PM meeting, signs multiple MOUs
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HANOI—Following his Wednesday summit with Vietnam's top leader To Lam, President Lee Jae-myung meets Prime Minister Le Minh Hung on Thursday to advance bilateral ties in supply chains, infrastructure and energy. Twelve MOUs were signed on energy, tech and culture, with a large business delegation in tow.
The EU’s trade chief has confirmed the bloc is considering a specific rule to compel companies to diversify their suppliers away from China. The move follows Beijing’s use of export controls on critical materials.
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Japan has secured enough petroleum-derived naphtha—key for manufacturing medical supplies and consumer goods—to last into 2027, easing shortage fears amid escalating Middle East tensions including the Iran war.