"We now have a date. And we have a location. We'll be announcing it very soon," the Hill reported Trump as saying from the White House lawn.
Trump predicted "very good things" from the upcoming meeting.
The Trump-Kim meet will be the first of its kind as it is the first meet between a US president and a North Korean leader since the end of the Korean War.
The two sides are likely to discuss the possible denuclearisation of the Korean Peninsula.
According to a report, Trump on Friday said the US remains in "constant contact with North Korea" ahead of a planned summit with despotic Korean leader and stated that the presence of US troops in the Korean Peninsula is not on the table.
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