Hanwha Ocean and Vietnam’s Ministry of Industry and Trade (MOIT) signed a memorandum of understanding (MOU) in Vietnam on July 22, focusing on comprehensive cooperation in training, developing and recruiting high-quality human resources. Hanwha Ocean, a global leader in the shipbuilding and maritime transportation industries, plans to spearhead a pilot project to mitigate the shortage of high-quality labor in the shipbuilding sector and serve the company’s long-term investment plans in Vietnam.

Hanwha Ocean has partnered with Green Peace Holdings, a Vietnamese company recognized for its role as a tier-one supplier to Samsung Vietnam. MOIT mediated the MOU to cultivate high-quality human resources within the industry and trade sector, encourage collaboration and advance comprehensive South Korea-Vietnam relations.