Kim Hyun-bin began his journalism career at Arirang TV from 2012 to 2017, specializing in defense, foreign affairs and the economy. In 2018, he joined The Korea Times, covering society and business, and is currently responsible for embassy affairs.
Hyundai Motor Group to foster local workforce in Vietnam
Hyundai Motor Group Executive Chair Chung Euisun, left, poses with Le Quan, president of the Vietnam National University Hanoi, after the two agreed to increase cooperation in fostering local experts, at the Vietnam National University Hanoi, Friday. Courtesy of Hyundai Motor Group
By Kim Hyun-bin
By Kim Hyun-bin
Hyundai Motor Group plans to establish a cooperative center with the Vietnam National University Hanoi, aiming to expand education and social contribution initiatives and secure specialized personnel for local production facilities in the region.
Hyundai Motor Group Executive Chair Chung Euisun met with Le Quan, president of the Vietnam National University Hanoi, in Vietnam Friday, to discuss the necessity of fostering the next generation of innovative workers and potential cooperation methods.
"This collaboration aims to nurture local future experts and expand opportunities to secure specialized personnel in response to the increasing need for skilled workers in Vietnam's business expansion,” Hyundai Motor Group said in a press release.
“Furthermore, it aligns with Chairman Chung's philosophy that 'substantial CSR activities that benefit the local community are crucial,' and we will actively promote skill development in Vietnam.”
Both Chung and Le Quan recognized the importance of systematic training of technical specialists for the Vietnamese automotive industry and economic development.
They reached a consensus on establishing the Hyundai Motor Group-Vietnam National University Hanoi Cooperation Center. Chung expressed hope for fostering skilled workers for the future through industry-academia collaboration with the university, which is considered one of the top schools in the country.
He stated that not only Hyundai Motor Group but also many other partner companies will be able to recruit workers in Vietnam, ultimately contributing to enhancing the competitiveness of the Vietnamese automotive industry.
During the meeting, Chung explained how Hyundai Motor Group contributes to Vietnam's economic and social development through its automotive business. He also introduced various corporate social responsibility activities being carried out in the Southeast Asian country.
Hyundai Motor Group holds a strong position in the Vietnamese car market. It surpassed Toyota and became the top seller, with 22,903 vehicles sold through May this year. Kia, meanwhile, holds the fourth position with 13,951 vehicles. Last year, Hyundai sold 81,582 vehicles, and Kia sold 67,290 vehicles, ranking second and third, respectively.
Hyundai plans to strengthen its leadership in the Vietnamese market by expanding sales as its local production capacity increased to 100,000 vehicles with the completion of the Hyundai Thanh Cong Vietnam plant last year.