In a meeting with President Moon Jae-in on Thursday, national security adviser Chung Eui-yong said he expected Pyongyang to act around Oct. 10 and 18, but gave no details.
"(Chung's report) also said there are worries over military conflict being sparked by accidental incidents," said Park Wan-ju, lawmaker and head spokesman of the ruling Democratic Party.
"The president said the United States speaks of military and diplomatic options, but South Korea can't go through war again."
Tensions on the Korean peninsula have escalated in recent weeks as North Korea's leader Kim Jong Un and US President Donald Trump exchange bellicose threats and insults over the North's nuclear and missile development programme.
The North has accused Trump of declaring war after he warned Kim's regime would not last if he persisted in threatening the United States and its allies, having earlier warned North Korea would be totally destroyed in such an event.
Pyongyang conducted its sixth and largest nuclear test on Sept. 3 and has launched dozens of missiles this year as it accelerates a programme aimed at enabling it to target the United States with a nuclear-tipped missile.
The United States and South Korea are technically still at war with North Korea because the 1950-53 Korean conflict ended with a truce and not a peace treaty.
China, North Korea's main ally, would likely be extremely unhappy if Pyongyang tested a missile or carried out some other act during its Communist Party Congress, held once every five years.
Park said President Moon told the meeting that Washington and Seoul agreed that pressure needed to be applied to North Korea, with the door to talks still open.
In a separate speech on Thursday, Moon said cooperation with the international community to curb the North's nuclear ambitions was at its highest level ever and called for the strengthening of South Korea-US defences to rein in the North.
Since the North's latest nuclear test, countries have taken measures against the reclusive state like expelling North Korean diplomats.
Malaysia said on Thursday all its citizens are banned from traveling to North Korea until further notice due to escalating tensions on the Korean Peninsula.
Chung said the United States and South Korea had agreed on the rotational deployment of US strategic assets to South Korea, possibly as soon as year-end, said lawmakers at the meeting.
What kind of assets would be rotated was not specified.
Moon added it was inappropriate to discuss the deployment of nuclear weapons in South Korea, the lawmakers said.
The president said he had personally been against the deployment of US Terminal High Altitude Area Defence (THAAD) system in South Korea, but the decision was made as North Korea's missile capabilities were quickly improving.
Regarding China's vehement opposition to the deployment of THAAD, Moon said "visible achievements" were to be expected soon as "the issue was reaching the end", quoted by the lawmakers.
Beijing opposes THAAD because it believes its powerful radar could be used to look inside its territory. South Korea and the United States have said it is only to curb North Korea's missile threats.
(Reporting by Christine Kim; Editing by Michael Perry and Joseph Radford)
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)