Hyundai Motor Signs MOU for Educational Social Contribution Project in Vietnam

Selecting a Total of 150 Vietnamese University Students Over the Next 3 Years

On the 22nd (local time), Hyundai Motor Company signed a "Educational Social Contribution Project Memorandum of Understanding (MOU)" with the nonprofit organization Jump, the Vietnam Peace Volunteer Group, and Vietnam National University, Hanoi to operate a volunteer education group for local Vietnamese university students. The photo shows (from left) Lee Uiheon, CEO of the nonprofit organization Jump; Lee Byunghoon, Executive Director of Hyundai Motor Group; Lee Youngtaek, Executive Director of Hyundai Motor Company; Tu Anmin, Dean of Vietnam National University, Hanoi; and Don Tuan Phuong, CEO of the Vietnam Peace Volunteer Group. Photo by Hyundai Motor Company

[Asia Economy Reporter Kim Ji-hee] Hyundai Motor Company announced on the 22nd (local time) that it has signed an 'Educational Social Contribution Project MOU' to operate a volunteer education group for local university students in Vietnam, together with the nonprofit organization Jump, the Vietnam Peace Volunteer Group, and Vietnam National University, Hanoi.

The signing ceremony, held via an online video conference between Korea and Vietnam, was attended by Lee Young-taek, Executive Director of Hyundai Motor, Lee Byung-hoon, Managing Director of Hyundai Motor Group, Lee Ui-heon, CEO of the nonprofit organization Jump, and Don Tuan Phuong, CEO of the Vietnam Peace Volunteer Group, among other officials. Through this MOU, Hyundai plans to operate the 'Hyundai Motor University Student Volunteer Group H-Jump School Vietnam' in Vietnam from this year through 2022.

Hyundai will select a total of 150 Vietnamese university students over three cohorts during the next three years. The selected students will provide customized learning guidance and psychological and emotional support for about 10 months per cohort, dedicating 4 hours weekly to youth from educationally underserved groups in the local community.

Additionally, Hyundai will offer scholarships and mentoring programs with career counseling experts to the participating university students, providing a foundation for their growth as future talents.

The university student volunteer group H-Jump School is a representative social contribution activity started by Hyundai Motor Group in 2013, aiming to nurture future talents and address educational disparities. Over the past eight years, approximately 1,100 university students have participated in educational volunteering domestically through this program, and about 4,300 youths have received learning guidance.

A Hyundai Motor Group official stated, "Sharing knowledge is a valuable action that can help resolve educational disparities in our society and nurture future talents," adding, "Just as H-Jump School has contributed to fostering young talents and creating a culture of shared learning in Korea over the past eight years, we expect it to contribute to nurturing local talents and alleviating educational polarization in Asia, including Vietnam, going forward."

This content was produced with the assistance of AI translation services.