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POSCO Group Bolsters Talent Acquisition in Vietnam with Enhanced Industry-Academia Collaboration

2023/12/26

POSCO Group signs collaboration agreement with Ho Chi Minh National University’s College of Humanities and Social Sciences to secure top-tier talents

Chairman Jeong-woo Choi: “With this collaboration, we will secure exceptional local talents early and contribute to the economic advancement of both nations.”


POSCO Group is cooperating with the College of Humanities and Social Sciences of Ho Chi Minh National University to acquire outstanding talents in Vietnam.

On the Dec. 7, POSCO Group Chairman Jeong-woo Choi inked a memorandum of understanding for industry-academia collaboration with Ngo Thi Phuong Lan, dean of the College of Humanities and Social Sciences of Ho Chi Minh National University, focusing on securing outstanding talents for the group’s Vietnamese subsidiaries. The College of Humanities and Social Sciences is the premier institution in the humanities and social sciences field in the southern region of Vietnam, and is affiliated with Ho Chi Minh National University, one of Vietnam’s two national universities.

With this partnership, POSCO Group aims to proactively secure exceptional talents for the future competitiveness of its Vietnamese subsidiaries by leveraging local internship initiatives and scholarship programs. The collaboration will also expand humanities exchange efforts by nurturing tailored talents aligned with POSCO’s vision through talent exchanges with the Humanities and Social Sciences Department of POSTECH.

At the signing ceremony, Chairman Choi emphasized the pivotal role of local talents in the advancement of POSCO Group’s Vietnamese subsidiaries. He said, “Through the partnership with Ho Chi Minh National University, our subsidiaries in Vietnam will transform into prominent local enterprises, secure top talents early on and play a pivotal role in the economic progress of both nations.”

Dean Ngo Thi Phuong Lan said, ”Ho Chi Minh National University hosts a Korean Studies department and is set to introduce a Korean Business Administration department (tentatively named). In collaboration with POSCO Group, a globally renowned environmentally friendly future materials leader, we will cultivate talents who are essential not only for POSCO but also for other Korean companies.”

Following the event, Chairman Choi met with President Nguyen Thanh Tung of Vabis Tue Duc International College in Ba Ria Vung Tau City, where POSCO Group’s Vietnamese steel subsidiaries previously signed an industry-academia collaboration MOU in August. They reviewed the progress of the collaboration. Under the “Industry-Academia Collaboration MOU for the Cultivation of Outstanding Steel Industry Professionals,” Vabis Tue Duc International College plans to open major courses needed by POSCO Group, such as steel technology along with Korean language, Korean culture, and corporate citizenship, starting in February next year. Moreover, POSCO’s Vietnamese steel subsidiaries will be recruiting top graduates to foster as key field personnel.

Chairman Choi said, “With the industry-academia collaboration program, the educational institution will produce talents tailored to the manufacturing sector, while the company will establish a virtuous cycle by fostering key personnel through talent acquisition and global production base deployment programs.”

POSCO Group opened its Vietnam office in 1991, a year before the establishment of diplomatic relations between Korea and Vietnam, and currently oversees eight subsidiaries, including POSCO Vietnam, which produces cold-rolled steel sheets.

POSCO Group’s local subsidiaries in Vietnam support vulnerable populations and academically excellent students annually with a 1% sharing fund. In particular, the subsidiaries have selected approximately 790 outstanding students from local universities, including Ho Chi Minh National University, as POSCO Cheongam Foundation scholars. These scholars, known as “POSCO Fellow Vietnam,” are nurtured and supported to become the next generation of leaders connecting Korea and Vietnam to maintain a network of talented individuals.

▲ POSCO Group signing an industry-academia collaboration memorandum of understanding with officials from the College of Humanities and Social Sciences of Ho Chi Minh National University. From left: Young-woo Lee, Head of POSCO Yamato Vina; Kyu-seo Choi, Head of POSCO VST; Chang-woo Yoon, Head of POSCO Vietnam; Jeong-woo Choi, Chairman of POSCO Group; Ngo Thi Phuong Lan, Dean of the Faculty of Humanities and Social Sciences at Ho Chi Minh National University; Pan Tying Ding, Vice Dean; Tran Anh Tien, Director of External Cooperation; and Nguyen Thao Chi, Director of Corporate Relations

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