Daewoo E&C Emerges as a Key Player in Vietnam’s Economic and Social Prosperity

(HANOI) – With over 30 years of presence, Daewoo E&C has undergone a powerful transformation from an international contractor into a strategic partner, making significant contributions to the urban landscape and Vietnam’s socio-economic development goals.

Sustainable Urbanization from the Heart of the Vietnam Capital

The Starlake City project is more than just a high-end infrastructure & government administration complex; it is a testament to Daewoo E&C’s comprehensive urban development strategy. Here, the synergy between the new administrative center and international Grade A office systems has created an ecosystem that strongly attracts Foreign Direct Investment (FDI).

Rather than merely executing conventional construction contracts, the Group has affirmed its capabilities by mastering the entire project lifecycle: from obtaining development rights, desgin planning and financing to construction and operation. This model not only provides modern living and working spaces for global enterprises but also supports the Government of Vietnam in technology transfer and training a high-quality local engineering workforce through the Daewoo E&C legal entity.

Moreover Through the development of industrial parks and logistics infrastructure, establishing a strategic gateway for Korean companies entering Vietnam, while expanding bilateral trade and creating quality jobs, thereby fostering a virtuous cycle of economic growth.

Building Vietnam’s Future with Sincere Management

Daewoo E&C’s position in the Vietnamese market is built not only on its construction company but also on its sincerity in Corporate Social Responsibility (CSR) activities. Since 2023, in partnership with Vietnam’s Ministry of Planning and Investment (MPI), Daewoo E&C has been implementing support programs for the visually impaired. Over 3 years, the company has committed approximately VND 3 billion to provide assistive devices, social adaptation training, and job placement opportunities through social enterprises.

The company also operates the “Vision Care” program, which provides free cataract surgeries and eye examinations to hundreds of patients each year, helping prevent blindness. In collaboration with international NGOs, the program reaches underserved rural areas with limited medical facilities, bringing the gift of “new light” to thousands of Vietnamese people.

In response to natural disasters such as typhoons and floods, Daewoo E&C promptly provides substantial relief donations through organizations such as the Vietnam Fatherland Front to support recovery efforts. For example, the company contributed VND 1 billion following the typhoon damage in 2024. And moreover In partnership with Habitat for Humanity Korea, the company also carries out housing improvement projects for underprivileged communities. The company regularly provides scholarships to students in nearby communities and Korean–Vietnamese families, striving to build pathways for social mobility through talent development

Trust between the government and private enterprises

Daewoo E&C emerging as the Top Partner for National Projects in Nuclear Power and High-Speed Railway

Looking toward the future, the relationship between Daewoo E&C and Vietnam is shifting into a phase of deeper strategic cooperation. With extensive experience in the nuclear power sector and large-scale transportation infrastructure, the Group stands ready to share comprehensive solutions for key national projects such as high-speed railways and clean energy.

Backed by globally proven K-nuclear technology and extensive experience in nuclear power plant construction, Daewoo E&C is widely regarded as one of the strongest partners for Vietnam’s next-generation nuclear power projects.

Within Vietnam, there is a growing consensus that “Daewoo E&C – having a deep understanding of our land and having shared in both our challenges and achievements – is a partner we can trust

Vietnam’s 1,600 km North–South high-speed railway project is poised to redefine the nation’s economic landscape, unlocking new connectivity and long-term growth opportunities. In this transformative moment, Daewoo E&C is emerging as a trusted partner capable of delivering comprehensive infrastructure solutions, backed by its proven track record in large-scale mixed-use developments such as Starlake City.

Building on this foundation, the company is extending its role beyond conventional construction. By integrating smart city operational expertise with eco-friendly construction methods, Daewoo E&C is helping shape sustainable “cities of the future” across Vietnam. At the same time, the company is well-positioned to lead the development of large-scale data centers and digital infrastructure clusters, supporting the country’s rapidly expanding digital economy.

In parallel, Daewoo E&C continues to strengthen its presence in the energy sector—advancing LNG power generation while expanding cooperation in renewable energy sources such as wind and solar. Through these efforts, the company is playing a pivotal role in supporting Vietnam’s transition toward its Net Zero 2050 goal.