Hyundai Motor Group, KOICA, and Vietnam Partner to Develop Skilled Automotive Workforce
Hyundai Motor Group has signed an MoU with KOICA and Vietnam's education ministry to create a training program for automotive technicians, aiming to build a skilled workforce for the country's growing industry.
- 2026
- 2031
What Happened
Hyundai Motor Group has signed a Memorandum of Understanding with KOICA and Vietnam's Ministry of Education and Training to develop a skilled technical workforce for Vietnam's growing automotive sector. The agreement represents a trilateral industry-government partnership focused on an industry-specific skills development program, pooling expertise, curriculum resources, and training infrastructure.
“Vietnam's automotive market is growing fast, and the demand for skilled professionals is growing with it. By combining Hyundai Motor Group's expertise in workforce development with KOICA's capabilities in development cooperation, we aim to give Vietnamese students real educational opportunities and build a virtuous cycle from classroom to career in the automotive industry.”
Training will center on hands-on manufacturing disciplines including die-casting, press forming, and welding, ensuring graduates are ready for the production floor. Courses will commence in the second half of 2026 and run through 2031. Upon completion, graduates will be connected with employment opportunities at small and medium-sized component manufacturers in Vietnam.
“This MoU marks an important step in building a trilateral partnership between industry, government and academia. We are committed to strengthening Vietnam's workforce capabilities and helping its automotive sector grow in line with the country's long-term development goals.”
Why this matters
This trilateral partnership combines industry expertise, government aid, and local education to address Vietnam's demand for skilled automotive professionals, creating a talent pipeline for component manufacturers and supporting the country's industrial growth.
Terms in This Story
- MoU
- A memorandum of understanding is a formal agreement between two or more parties outlining the terms and details of a cooperative arrangement, but not legally binding.
- die-casting
- A metal casting process that involves forcing molten metal under high pressure into a mold cavity to produce high-volume, detailed parts.
Summarised from the linked release; details can be imperfect — always verify against the original source.