The South Korean rail authority Korail established through formal agreement with UTT a strategic partnership based on training Vietnamese rail workforce professionals at the University of Transport Technology in Hanoi. At UTT’s conference hall both Korail President Han Moon-hee and UTT President Nguyen Hoang Long executed the Memorandum of Understanding (MOU) which established their strategic partnership. The gathering included approximately ten representatives each from Korail and the University of Transport Technology.
Korail and UTT established a strategic partnership to create training programs that focus on Korea's advanced rail requirements through joint operation terms. The parties will work together through sending railway experts for researching specific railway projects and for developing programs to train specialized labor forces for high-speed and electric railways. The agreement pays specific attention to how Vietnam will prepare its workforce to handle building and maintaining its upcoming high-speed rail system as well as operating these trains.
International railway training started at Korail in 2008 and Vietnam achieved the highest number of trainees totalling 240 by the end of last year. The newly established MOU establishes strong connections between both institutions that will focus heavily on high-speed rail expertise.
Korail President Han Moon-hee highlighted that developing railway experts remains essential for Vietnam to achieve its high-speed rail project goals. The 21-year high-speed rail operational expertise of Korail enables the organization to offer support for Vietnam's railway system development.
The railway expansion plans of Vietnam will benefit from this partnership because it means better knowledge and technology transfer which can boost the country's railway capabilities along with developing future opportunities for transportation partnership between both nations.
Both countries proceed towards stronger cooperation in transportation as this action demonstrates their expanding relationship.
