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LG subsidiary gets approval for $1B Hai Phong plant expansion
Hai Phong City has green-lighted a proposal by LG Innotek, a subsidiary of the South Korean electronics giant that makes camera modules, to double its investment to US$2 billion.
Hyosung sees 100 years of development in Vietnam
Hyosung, South Korea's leading power transformer producer, is expanding long-term operations in Vietnam because it sees 100 years of successful sustainable development in the future here, the company’s chairman said.
LG, Samsung leaders accompany president Yoon in Vietnam visit
Leaders of 205 Korean firms, including Samsung Electronics, SK, Hyundai Motor, LG, and Lotte, are accompanying President Yoon Suk Yeol during a state visit to Vietnam.
June 22, 2023 | 05:55 am PT
LG promises $4B investment in Vietnam
South Korean electronics giant LG will invest US$4 billion in Vietnam as it seeks to make the country a future smartphone manufacturing hub.
December 5, 2022 | 07:39 pm PT
Foreign firms expand investment in Vietnam
Foreign companies including Nestlé and LG continue to expand in Vietnam since they see the country’s Covid-19 setbacks as temporary.
September 27, 2021 | 10:30 pm PT
September bounce boosts Vietnam's FDI figures
Foreign Direct Investment (FDI) inflow this year as of September 20 grew by more than 4 percent year-on-year thanks to gains recorded this month.
September 26, 2021 | 05:44 am PT
LG, Samsung Vietnam go on hiring spree
Two Korean technology giants are seeking to hire thousands of people in Vietnam, including workers, engineers and IT staff.
September 10, 2021 | 10:06 pm PT
LG to use smartphone production line for home appliances
South Korean tech giant LG Electronics plans to use its smartphone production line in Hai Phong to make home appliances instead.
April 21, 2021 | 04:00 am PT
South Korean companies want quarantine relaxation for experts visiting Vietnam
South Korean firms want the Vietnamese government to be flexible with quarantine requirements for their experts and executives entering the country for work.
July 17, 2020 | 10:20 pm PT
Foreign tech giants eye Vietnam shift
Several of the world's largest technology corporations plan to shift their production chains to Vietnam post-Covid-19, according to the Ministry of Industry and Trade.
July 12, 2020 | 05:29 pm PT
270 South Korean experts arrive in Vietnam, quarantined
Vietnam sent 270 LG Electronics engineers to quarantine for 14 days after they arrived in the country on Thursday.
July 2, 2020 | 08:48 pm PT
LG to move S. Korean smartphone production to Vietnam
LG Electronics will relocate its South Korean smartphone production to Vietnam in a bid to cut losses.
April 26, 2019 | 09:07 pm PT
Asian firms shuffle production around the region as China tariffs hit
A growing number of Asian manufacturers of products are moving to shift production from China to other factories in the region.
September 23, 2018 | 05:25 pm PT
Asia fears US tariffs on washing machines, solar panels just the start
The move has stirred fears more protectionist measures coming out of Washington.
January 23, 2018 | 01:33 am PT
US starts safeguard probe into Samsung, LG washing machines from Vietnam
The Korean firms are accused of moving production from China to Vietnam in order to evade U.S. tariffs.
July 17, 2017 | 08:15 pm PT
Phone makers take aim at ailing Samsung with new handsets
Are the upgrades enough for other phone firms to catch up with Samsung?
February 26, 2017 | 06:34 pm PT
Chinese tycoon raises stake in Bang & Olufsen
A Chinese billionaire in talks to buy Bang & Olufsen, the Danish maker of upmarket consumer electronics, on Thursday raised his stake in the company, making him its largest single shareholder.
April 7, 2016 | 05:28 pm PT