China's Xinhua news agency quoting Bloomberg news reported, U.S. administration officials are planning for the meeting to be held in Hanoi, the Vietnamese capital, but the coastal city of Da Nang and the southern metropolis of Ho Chi Minh City are also possible venues for the event.

White House confirms meeting will take place next month:

The White House last week announced that the second meeting between the two leaders will take place next month.

"President @realDonaldTrump looks forward to a second summit with Chairman Kim, which will take place near the end of February. Location will be announced at a later date," White House tweeted.

Kim Yong-chol, a top North Korean envoy, recently arrived in Washington and met US Secretary of State Mike Pompeo.

As per CNN report, Kim arrived at Washington Dulles International Airport Thursday evening and was spotted leaving the airport with US Special Representative to North Korea Steve Biegun and Pak Chol, a North Korean official who's the chairman of the Korea Asia-Pacific Peace Committee.

North Korean leader Kim Jong Un and US President Donald Trump met for the first time last year.

The meeting took place in Singapore in June.

It was during Singapore meeting that the two leaders had issued a commitment to the denuclearization of the Korean Peninsula.