Hyosung Heavy expands Vietnam footprint with grid, motor plant deals
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Hyosung Heavy expands Vietnam footprint with grid, motor plant deals

April 24, 2026
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Hyosung Heavy Industries is deepening its presence in Vietnam’s power and industrial sectors, signing a series of agreements to tap rising electricity demand and infrastructure investment. The company said it signed a memorandum of understanding with Vietnam Electricity at the Korea-Vietnam Business Forum in Hanoi to cooperate on power asset management, grid stabilization and technical capability building.

Hyosung Heavy expands Vietnam footprint with grid, motor plant deals

The partnership includes pilot projects for artificial intelligence-based power asset mana

The korea Herald News
The korea Herald News

Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.

South Korea
Bias: center

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