Hyundai Motor boosts Vietnam talent program

Apr 24, 2026, 09:36 am

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Participants pose for a commemorative photo at the MOU signing ceremony for fostering automotive talent in Vietnam. (From left) Jang Won-sam, President of Korea International Cooperation Agency (KOICA), Le Quan, Vice Minister of Vietnam’s Ministry of Education and Training, and Sung Kim, President of Hyundai Motor Group.

Hyundai Motor Group has joined hands with the Vietnamese government and Korea International Cooperation Agency (KOICA) to foster skilled workers in the automotive sector, aiming to build a sustainable talent pipeline aligned with industry needs.

The group announced that it signed a memorandum of understanding (MOU) on April 23 in Hanoi with KOICA and Vietnam’s Ministry of Education and Training to support technical workforce development in the automotive field.

The core of the initiative is to establish a demand-driven training system tailored to industrial needs. Hyundai Motor Group will help design job-oriented curricula focused on key manufacturing skills such as molding, forming, and welding, with the goal of producing work-ready professionals.

KOICA will oversee project planning and program operations, while the Vietnamese government will provide administrative and educational support through vocational training institutions.

The program is set to begin in the second half of this year and run through 2031. Graduates will be linked to employment opportunities at local automotive parts companies, while also potentially supporting workforce needs for Korean small and medium-sized suppliers.

Sung Kim, President of Hyundai Motor Group, said, “As Vietnam’s automotive market is expected to grow rapidly, the need for skilled professionals is also increasing. By combining Hyundai Motor Group’s expertise in workforce development with KOICA’s development cooperation capabilities, we aim to create a virtuous cycle that connects education with career opportunities in the automotive industry.”

Jang Won-sam, President of KOICA, said, “This MOU establishes a collaborative talent development system based on partnerships among industry, academia, and government, and will help strengthen both human capital and competitiveness in Vietnam’s automotive sector.”

Le Quan, Vice Minister of Education and Training, added that the initiative is expected to help address the shortage of skilled workers and that the government will continue to expand support policies for automotive workforce development.

Vietnam is considered a high-potential automotive market due to its young population and industrial advancement. Hyundai Motor Group has been strengthening its presence through its joint venture HTMV, ranking second in the market last year with 80,251 units sold, behind local brand VinFast, and continuing its growth this year.

Beyond talent development, Hyundai Motor Group is also expanding corporate social responsibility initiatives in education and the environment. These include the “Hyundai Jump School Vietnam” program, which has trained 530 university student mentors and provided educational opportunities to 2,886 youths.

The group is also supporting ASEAN students, including those from Vietnam, through scholarships from the Hyundai Motor Chung Mong-koo Foundation, and promoting environmental sustainability through projects such as the “Ioniq Forest” mangrove restoration initiative.

A Hyundai Motor Group official said Vietnam remains a key hub in the company’s ASEAN strategy and a market where it continues to pursue shared growth through broader social contributions.

#Hyundai Motor Group #Vietnam #KOICA #automotive talent #education