On April 29, 2026, in Ho Chi Minh City, Hightech Steel Builder officially entered into a joint venture agreement with Hyundai Power Systems, marking a significant milestone in international cooperation in the fields of industrial construction and energy.

A Strategic Partnership for Industrial Growth

The Joint Venture Agreement Signing Ceremony was held in a formal and professional setting with the attendance of senior executives, partners, and distinguished guests from both organizations. The event reflects a strong commitment to long-term collaboration and sustainable development.

Representing Hightech Steel Builder was Mr. Phan Duy Quang – General Director of HTSB Company.

Representing Hyundai Power Systems Company was Mr. Kang Jai Hwa – President of Hyundai Heavy Industries Power Systems Company. The presence of senior leadership from both parties highlighted the strategic importance of this joint venture and the shared vision for future growth.

The partnership combines the core strengths of both companies:

• Hightech Steel Builder – a leading contractor in industrial construction and steel structure engineering in Vietnam
• Hyundai Power Systems Company – a global provider of advanced power and energy technologies

Expanding Capabilities in Construction and Energy

Through this joint venture, both parties aim to deliver high-quality solutions across key sectors, including:

• Industrial construction and steel structure engineering
• Energy infrastructure and power systems
• EPC project development and advanced engineering solutions

This collaboration is expected to strengthen project execution capabilities, enhance competitiveness, and contribute to the development of modern industrial infrastructure in Vietnam and the region.

Commitment to Sustainable Development

The joint venture reflects a shared commitment to innovation, operational excellence, and sustainable growth. By leveraging advanced technologies and extensive industry expertise, both companies aim to:

• Improve project execution efficiency
• Expand market presence domestically and internationally
• Deliver sustainable and high-performance industrial solutions

A Milestone in International Cooperation

The signing ceremony not only strengthens the partnership between Hightech Steel Builder and Hyundai Power Systems but also reinforces the growing cooperation between Vietnam and South Korea in industrial and energy development.

This milestone establishes a strong foundation for future projects and further positions both companies as trusted partners in the global construction and energy sectors.