Since 1992, the push for culture and economic exchange between Korea and Vietnam has been developing. In effect, studies and researches between the two countries from scholars have been increasing. These studies not only helped Vietnamese scholars to understand more about Korean culture and economy, but also improved trading and relationship between two countries. In addition, Vietnamese government involvement in directing these exchanges has deveolped a strong foundation for the two countries to evolve in the future. The goals of this discussion are to find the values and results of culture and economic exchanges between Korea and Vietnam. By looking at previous studies and researches, we can analyze and discuss the development process of these exchanges. In addition, a proposal for future developments between the two countries will be discussed.