Business

RoK firms funnel 12 billion USD into Viglacera’s industrial parks

Industrial parks developed by state-owned Viglacera Corp have attracted 12 billion USD in investment from more than 100 enterprises from the Republic of Korea (RoK).
RoK firms funnel 12 billion USD into Viglacera’s industrial parks ảnh 1Tien Hai Industrial Park in Thai Binh province (Photo: VNA)
Hanoi (VNA) – Industrial parks developed by state-owned Viglacera Corp have attracted 12 billion USD in investment from more than 100 enterprises from theRepublic of Korea (RoK).

With sound technical infrastructure and services, the parks have won favouramong reputable businesses such as Samsung, Amkor, Hyosung, Kortek, and AnamElectronics.

Chairman of the Korea Chamber of Business in Vietnam Hong Sun said he will workclosely with Viglacera to promote investment in the latter’s industrial parks.

This year, Viglacera will attract investments specifically to Tien HaiIndustrial Park (Thai Binh province), Phong Dien Industrial Park (Thua Thien –Hue province), and Thuan Thanh 1 Industrial Park (Bac Ninh province), whereinfrastructure has been developed in a uniform and modern fashion.

The Corp has invested in 11 industrial parks in Vietnam and one economic zonein Cuba, which all have lured 16 billion USD in FDI from more than 300domestic and foreign enterprises.

The number of Viglacera industrial parks is expected to increase to 20 by 2025.

The RoK has become an increasinglyimportant partner of Vietnam as its investments meet the Southeast Asiancountry’s development strategy.

Investmentfrom the RoK in Vietnam is expected to accelerate in the near future, includingmany large-scale projects worth up to billions of US dollars as a seriesof memorandums of understanding (MoUs) on cooperation between the twocountries' ministries, sectors, and businesses was signed at the Vietnam - RoKBusiness Forum that took place in June within the framerwork of the state visitto Vietnam by the RoK’s President Yoon Suk Yeo./.
VNA
#state-owned Viglacera Corp #12 billion USD #investment #Republic of Korea #technical infrastructure #Korea Chamber of Business in Vietnam #industrial parks #development strategy #Vietnam News Agency #Vietnamplus
Follow VietnamPlus

Related News

Leaders affirm coordination to deepen Vietnam-RoK comprehensive strategic partnership

Leaders affirm coordination to deepen Vietnam-RoK comprehensive strategic partnership

Vietnamese Prime Minister Pham Minh Chinh and President of the Republic of Korea (RoK) Yoon Suk Yeol have affirmed their commitments to continue close coordination to develop the bilateral comprehensive strategic partnership in a more profound and comprehensive manner, contributing positively to peace, stability, and development in the region and the world.
Hanoi eyes stronger cooperation with Gyeonggi of RoK

Hanoi eyes stronger cooperation with Gyeonggi of RoK

Secretary of the Hanoi Party Committee Dinh Tien Dung has suggested the Vietnamese capital city and Gyeonggi province of the Republic of Korea (RoK) sign a memorandum of understanding (MoU) on cooperation in the time ahead.

See more

Furusawa Yasuyuki, General Director of AEON Vietnam Company Limited, speaks at a meeting with Can Tho city's leaders. (Photo: VNA)

Can Tho creates enabling environment to attract Japanese investors

The Mekong Delta city of Can Tho is committed to creating the best possible conditions for Japanese companies to study, invest and develop projects, Standing Vice Chairman of the municipal People’s Commitee Duong Tan Hien said at a January 20 meeting with representatives from the Japanese Embassy and businesses in Vietnam.

Representatives of the Vietnamese Ministry of Industry and Trade and the Office of the US Trade Representative sign an agreement regarding anti-dumping on Vietnamese fish fillets on January 20 (Photo: moit.gov.vn)

US anti-dumping duty removed from Vietnamese fish fillets

A bilateral agreement between the Vietnamese and US Governments regarding anti-dumping duties on Vietnamese fish fillets was signed on January 20, marking the end of relevant disputes in Case DS536 at the World Trade Organisation (WTO).

The red carps for the ritual remain reasonably priced at 25,000-75,000 VND for three fish, depending on sizes. (Photo: VNA)

Hanoi markets bustle as residents prepare for Kitchen Gods’ Day

Markets across the capital city of Hanoi are teeming with fresh produce and traditional offerings as locals are preparing to bid farewell to the ong Cong (Land Genie) and ong Tao (Kitchen Gods) to the heaven, an important precursor to the Tet (Lunar New Year) celebrations.

Illustrative image (Photo: cafef.vn)

Banks step up capital mobilisation policies

Many banks have promoted capital mobilisation policies right from the beginning of 2025 to improve financial strength and meet the credit demand that is forecast to increase sharply this year.

Illustrative image (Photo: VinFast)

VinFast officially enters India market, unveils two EVs

Vietnamese electric vehicle manufacturer VinFast has unveiled two all-electric B-segment and C-segment SUVs, VF6 and VF 7, that will be sold in the Indian market within the framework of the Bharat Mobility Global Expo 2025 on January 18.

WEF’s Head of Regional Agenda for Asia-Pacific Joo-Ok Lee. (Photo: VNA)

WEF expert believes in Vietnam’s new era

As the world transitions into a new era, Vietnam is emerging as a key player in multilateral cooperation mechanisms and a beacon of growth and development, said the World Economic Forum (WEF)’s Head of Regional Agenda for Asia-Pacific Joo-Ok Lee.

VinFast's green bus fleet is ready to supply to three transport companies. (Photo: VNA)

VinFast launches new e-bus model

VinFast, a leading Vietnamese electric vehicle manufacturer, on January 17 launched a new electric bus model with the capacity to carry up to 60 passengers.

At the second economic consultation meeting held in Warsaw (Photo: Ministry of Industry and Trade)

Vietnam, Poland discuss major measures to beef up economic ties

Vietnam and Poland discussed and agreed on major measures to beef up trade and economic partnership at the second economic consultation meeting held in Warsaw as part of Prime Minister Pham Minh Chinh’s ongoing official visit to the European country.