The dinner has been confirmed by a South Korean presidential spokesman.
The South Korean delegation is in Pyongyang for rare talks partly aimed at restarting dialogue between North Korea and the US.
Relations between North Korea and South Korea have warmed following the PyeongChang Winter Games.
In an unprecedented move the delegation includes two ministerial-level envoys – intelligence chief Suh Hoon and National Security adviser Chung Eui-yong.
According to the North Korean state radio, the delegation was met by Ri Son-gwon, North Korea’s reunification chief, who led talks in the weeks before the Winter Olympics.
During the two-day visit, the South Korean group will focus on establishing conditions for talks aimed at getting rid of North Korea’s nuclear weapons as well as dialogue between the US and Pyongyang.
Chung Eui-yong had earlier told a press briefing he would deliver President Moon Jae-in’s “resolution to maintain the dialogue and improvement in relations between the South and the North… [and] to denuclearize the Korean peninsula”.
On March 3, President Donald Trump said that the US would be prepared to meet North Korea, but reiterated that Pyongyang would first have to “denuke”.
However, North Korea – which has said it wants to talk to the US – said it was “preposterous” for the US to insist on preconditions.
It’s remains unclear who would represent the US in any such meeting.
The top US diplomat on North Korea Joseph Yun announced his decision to retire earlier last week, a departure which could hamper the Trump administration.
The relationship between the US and North Korea were particularly tense before the Winter Olympics, with both countries repeatedly threatening each other with total destruction.
The US has distanced itself from the North Korean overtures during the Games.
VP Mike Pence has said there is “no daylight” between the US and its regional allies on the need to “continue to isolate North Korea economically and diplomatically until they abandon their nuclear and ballistic missile program.
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