On the morning of January 15, 2026, Mr. Nguyen Thanh Ha, Vice Chairman of Khanh Hoa Provincial People's Committee held a meeting and working session with HD Hyundai Group (South Korea) regarding the Group's production, business situation and investment plans in the province.
Vice Chairman of the Provincial People's Committee Nguyen Thanh Ha (fourth from the right) at the meeting with leaders of HD Hyundai Group (South Korea).
At the meeting, Mr. Lee Sang Kyun, Vice President and General Director of HD Hyundai Heavy Industries Co., expressed his gratitude to the provincial leaders, departments, and local authorities for their attention, support, and for creating the best conditions for the Group in general and HD Hyundai Vietnam Shipbuilding Co., Ltd in particular during their investment, production, and business activities in the province. With its strengths in shipbuilding, the Group plans to expand its factory in Khanh Hoa, increasing its shipbuilding capacity to 23 vessels per year. Therefore, the Group hopes to continue receiving the province's attention and support to help the company grow stronger in the future. Currently, the company needs approximately 1,200 workers and hopes the province will provide support in training and supplying high-quality human resources. In addition, the Group requests the province to promptly consider and approve the application to extend the project's operating period by another 20 years; implement the T28 road project in Dong Ninh Hoa ward to complete and connect the area's transportation infrastructure; and assist in finding suitable land for the construction of dormitories for the company's employees. The Group's leadership commits to prioritizing the use of local labor, create job, improve the lives of workers and contributing to the local community in the process of achieving double-digit growth targets in the coming period...
Vice Chairman of the Provincial People's Committee Nguyen Thanh Ha (second from the right) affirms that the province will create the best conditions for businesses and investors.
Speaking at the meeting, Vice Chairman of the Provincial People's Committee Nguyen Thanh Ha thanks to HD Hyundai Group and HD Hyundai Vietnam Shipbuilding Co., Ltd for their contributions to the local development. He also emphasized that the province always pays attention to and creates the best conditions for businesses, especially large investors with long-term commitments to the locality, including businesses from South Korea. The Vice Chairman of the Provincial People's Committee also shared that, in order to achieve double-digit growth, Khanh Hoa province is paying special attention to and prioritizing industrial development. Recently, Khanh Hoa province granted investment certificates for three key industrial park projects with a total area of over 1,200 hectares, including Ninh Xuan 1, Ninh Xuan 2, and Ninh Diem 1 industrial parks. Therefore, the province hopes that HD Hyundai Group will introduce and connect Korean investors to research and invest in the province in the near future. Regarding to the Group's proposals, Mr. Nguyen Thanh Ha suggested that the company work with the Ministry of Construction to finalize the procedures for adjusting the investment deadline. As for the T28 road project, the province will implement and put it into operation in 2026. The province is also adjusting the planning and introducing suitable land for businesses to build dormitories…
Leaders of HD Hyundai Group (South Korea) report on the production, business situation and investment plans of the Group in the province.
Reportedly, in the first 11 months of 2025, HD Hyundai Vietnam Shipbuilding Co., Ltd. achieved revenue of US$599.9 million, successfully delivered 15 ships and 6 cabins, contributed US$15.9 million to the state budget, and created jobs for approximately 5,510 workers. It is projected that in 2026, the company will complete and deliver 17 ships and 9 cabins, striving for total revenue of US$691.5 million.
News and photo: Thanh Hien