On the afternoon of August 12, 2025, as part of the Hai Phong delegation’s working programme in Korea, Le Tien Chau, Member of the Party Central Committee and Secretary of the Hai Phong Party Committee, held a meeting with Ki Sun Chung, Vice Chairman of HD Hyundai Heavy Industries. Also attending were Nguyen Hong Dien, Member of the Party Central Committee and Minister of Industry and Trade; representatives of the Hai Phong People’s Committee, the Economic Zone Management Board and relevant departments and sectors.
The working meeting
At the meeting, Vice Chairman Ki Sun Chung gave an overview of the capacity and scale of HD Hyundai Heavy Industries, a world-leading shipbuilder that currently produces approximately 175 vessels a year and accounts for 75% of Vietnam’s shipbuilding output. He said the group was seriously studying the possibility of expanding investment in Vietnam, particularly in shipbuilding equipment and supporting components, and highly valued Hai Phong’s potential and advantages as the country’s largest shipbuilding centre.
Ki Sun Chung expressed his wish to work with the city’s leaders to receive political commitment as a foundation for an investment decision, and affirmed that the group would soon send a delegation to conduct a field survey in Hai Phong.
Speaking at the meeting, Minister of Industry and Trade Nguyen Hong Dien stressed that Hai Phong had all the favourable conditions needed to develop the shipbuilding industry and should focus on increasing the localisation rate in line with the policy agreed by the Vietnamese and Korean governments.
Secretary Le Tien Chau affirmed that the city always regarded the success of enterprises as its own success and was committed to accompanying and providing maximum support so that HD Hyundai’s investment projects could be implemented smoothly and effectively. He asked the group to soon send a survey delegation and complete the procedures to turn the cooperation opportunity into reality.
The Hai Phong delegation and HD Hyundai Group leaders
The meeting with HD Hyundai not only opened opportunities to attract capital, technology and management experience from a world-leading shipbuilding group, but also helped affirm Hai Phong’s position as an important industrial, seaport and logistics-services centre of Vietnam and the region. This is a concrete step to realise the policy of deep international integration, improve the quality of growth and support Hai Phong’s rapid and sustainable development in the new period.
Hai Phong Investment, Employment and Enterprise Support Promotion Centre