Hyosung Heavy expands Vietnam footprint with grid, motor plant deals

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

By The Korea Herald