A three-year multi-employer collective bargaining agreement was signed on June 8 between the Hai Phong economic zone’s trade union and 19 Korean firms in Trang Due Industrial Zone of the northern port city of Hai Phong.
Northern Hai Phong city and Hai Duong province have welcomed big high-tech foreign direct investment (FDI) projects this month, with a combined investment of over 850 million USD.
The Republic of Korea (RoK)’s LG Displays Co. Ltd will invest 1.5 billion USD into its new project at the Trang Due Industrial Zone in the northern city of Hai Phong.