Keyword: "LG"

The RoK’s registered investment in Vietnam hit 1.25 billion USD in January alone, much higher than the figure of 93.46 million recorded in January last year.

LG Electronics is expanding its research and development (R&D) capabilities in Vietnam, now extending from software development to include home appliance solutions, covering lifestyle, kitchen, and air solutions, reported the Seoul Shinmun daily.

Vietnam is considered an attractive destination for multinationals amidst the wave of industrial production shift, enterprises have said while attending Vietnam’s International Exhibition on Machine Tools & Metalworking Solutions for Production Upgrade (METALEX Vietnam 2023) in Ho Chi Minh City.

The electronics sector accounts for 17.8% of Vietnam’s industry, placing the nation among the world’s top 15 largest exporters of this kind of product.

An expert of the Republic of Korea (RoK) has expressed his optimism about the future of the RoK - Vietnam relations, and said the ongoing State visit by his country’s President Yoon Suk Yeol could probably provide a catalyst for the future progress of bilateral relations.

Deputy Prime Minister Tran Luu Quang hosted a reception for Kim Myoung-kyu, Vice President of LG Display Co Ltd, a subsidiary of LG Group of the Republic of Korea (RoK), on March 31 in Hanoi.

The increased inflow of investment from foreign investors into Vietnam’s electronics industry is expected to create a positive outlook for the country’s exports of computers, electronic products, and components in the time to come.

Vietnam has a “golden chance” to attract a new wave of foreign investment, especially to economic zones (EZs) and industrial parks (IPs), according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

The Hai Phong Economic Zone Authority (HEZA) on August 10 organised an investment promotion with supporting supporting businesses of the Republic of Korea’s multinational conglomerate corporation LG.

A consortium from the Republic of Korea (RoK) led by LG has signed an initial agreement with Indonesia's state-run companies to push for a project worth around 9 billion USD to establish an electric vehicle battery supply chain in the Southeast Asian country, a LG unit said on April 18.

The northern port city of Hai Phong is working to continue to improve its business and investment environment to attract large investors and maintain its leading position in investment attraction.

The Republic of Korea (RoK)'s Ambassador to Vietnam Park Noh-wan has told Vietnamese Health Minister Nguyen Thanh Long that the RoK will help Vietnam effectively carry out the dual goals of pandemic prevention and control, public health protection, and economic development.

State-owned Indonesia Battery Corporation (IBC) and LG Corporation of the Republic of Korea will cooperate in building a new battery plant worth 1.2 billion USD with the capacity of 10 GWh in the Southeast Asian country.

The Republic of Korea’s conglomerate LG will establish a centre for research and development (R&D) on vehicle components in the central city of Da Nang.

Vietnamese air conditioner manufacturers are increasingly using sophisticated technologies as they jostle for market share in a competitive market.

Vietnam needs stronger human resources to serve the growing integrated circuit (IC) industry to create greater investment opportunities.

Investment in Vietnam from the Republic of Korea (RoK) is expected to rise further, increasing demand for labour, according to the Korea Trade-Investment Promotion Agency (Kotra).

Nearly 99 percent of labourers have returned to work at industrial parks and economic zones in the northern port city of Hai Phong following the nine-day traditional Lunar New Year (Tet) holiday.

Minister of Planning and Investment Nguyen Chi Dung has visited the Republic of Korea to attend a celebration of the Korea Economic Development Cooperation Fund (EDCF)’s 30th founding anniversary.

LG Electronics Vietnam showed off “wallpaper” thin LG Signature OLED W Television for the first time in HCM City on August 15, announcing its 2.57mm-thin panel is the thinnest in Vietnam.