The signing ceremony took place in the presence of General Secretary To Lam and South Korean Prime Minister Kim Min Seok, along with other senior leaders of both countries. Mr. Nguyen Xuan Nam - EVN Vice President, and senior representatives of Hyosung signed the MoU on behalf of their respective organizations.

Under the MoU, EVN and Hyosung will jointly study and implement various technical cooperation initiatives aimed at enhancing the safe and stable operation of Vietnam’s national power system.

This cooperation marks a concrete step in EVN’s roadmap for smart grid development and digital transformation. It also leverages the expertise and technological capacity of Hyosung - a global industrial leader in the power sector, which has operated in Vietnam since 2007 and officially entered the electricity industry in 2018 through its investment in the Dong Anh Electrical Equipment Corporation (EEMC).

EVN Vice President Nguyen Xuan Nam (right) and Hyosung representative exchange signed MoU between two corporations

The Vietnam-Korea Economic Forum, themed “Cooperation for Developing Production Chains in the New Era!”, was jointly organized by the Vietnamese Ministry of Finance, Korea’s Ministry of Trade, Industry and Energy (MOTIE), the Korea Chamber of Commerce and Industry (KCCI), and the Embassy of Vietnam in South Korea. The forum was held on the occasion of the State visit to South Korea by General Secretary To Lam and Madam Ngo Phuong Ly.

Translator: Hoàng Duy Khánh