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BackMinistry of Oceans and Fisheries supports domestic companies entering the Vietnamese offshore plant service market
Ministry of Oceans and Fisheries supports domestic companies entering the Vietnamese offshore plant service market
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연합뉴스29 minutes agoBusiness2 min readSouth KoreaView original

Ministry of Oceans and Fisheries supports domestic companies entering the Vietnamese offshore plant service market

Support for domestic companies to enter the Vietnamese offshore plant service market

Quick Look

  • The Ministry of Oceans and Fisheries, in collaboration with Vietnam's Ministry of Industry and Trade, will hold the 2026 Korea-Vietnam Offshore Plant Service Industry Export Consultation and Market Information Session in Ho Chi Minh City for two days starting on the 10th.
  • Approximately 30 domestic companies and 50 Vietnamese energy-related companies will participate to discuss in-depth consultations and cooperation plans.

AI-generated summary

Why It Matters

Vietnam is pursuing large-scale energy conversion policies, such as expanding LNG power generation and offshore wind power facilities, and demand for maintenance, repair, dismantling, and recycling is increasing due to the aging of existing offshore plants.

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The Ministry of Oceans and Fisheries announced on the 9th that it will hold the '2026 Korea-Vietnam Offshore Plant Service Industry Export Consultation and Market Information Session' in Ho Chi Minh City, Vietnam for two days starting on the 10th, jointly with Vietnam's Ministry of Industry and Trade.

As an event to support domestic companies' entry into the Vietnamese offshore plant service market, the Hanoi Collaboration Center, Korea National Maritime University, Vietnam Petroleum Research Institute, about 30 domestic offshore plant service companies, and about 50 Vietnamese energy-related companies are scheduled to participate.

Offshore plant services are services related to transportation, installation, operation, maintenance, management, and dismantlement after the construction of an offshore plant, and are classified as a high value-added industry.

Vietnam is pursuing large-scale energy conversion policies, such as expanding liquefied natural gas (LNG) power generation and offshore wind power facilities. As marine plants currently in operation are aging, demand for maintenance, repair, dismantling, and recycling is increasing.

At this event's export consultation session, in-depth consultation will be held between domestic companies and Vietnamese clients. At the market briefing session, the current status of Vietnam's energy market and policy trends will be shared, and specific cooperation plans will be discussed.

Seo Jeong-ho, head of the maritime policy office at the Ministry of Oceans and Fisheries, said, "We will pursue follow-up consulting so that the results of this event can lead to actual orders, and we will continue to actively support domestic companies' entry into the Vietnamese market, focusing on local cooperation centers."

What to Watch

AI outlook — possibilities, not facts

  • Through follow-up consulting, there is a possibility that the results of the consultation may lead to actual orders.

    Possible · Within months

Open Questions

  • What specific contracts or agreements will be concluded at the consultation meeting?
  • What is the expected export scale of each participating company?

Related Topics

This article was originally published by 연합뉴스.

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