The North confirmed it would attend next month's Olympics in the South at a rare inter-Korean meeting last week, following months of tensions over its nuclear weapons programme.
The North said it will inform the South of a date to discuss sending athletes and a cheering squad to the PyeongChang Olympics at a later time.
Jarrod Agen, Pence's deputy chief of staff, said Pence would travel to the Olympics "to reinforce the strong US presence on the Korean Peninsula and send a clear message of American resolve to the North Korean regime".
The Unification Ministry said North Korea wanted to send a delegation headed by the director of the arts and performance bureau of the North's culture ministry to next Monday's talks.
The Moranbong band is an all-female music group performing pop, rock and fusion styles, whose members are reportedly selected by the leader Kim Jong-Un himself.
During the talks, which are the first to take place between the North and South in more than two years, South Korea's second vice-minister for tradition, sports activities and tourism brought up the possibility of combining the women's ice hockey team.
US President Donald Trump informed his South Korean counterpart Moon Jae-In of the decision during their phone call earlier in the day, according to a White House statement on Wednesday.
This is unedited, unformatted feed from the Press Trust of India wire.