Rumbles of discontent with working conditions at LG

Rumbles of discontent with working conditions at LG

Several former employees of electronics giant LG in Vietnam have spoken out about workplace mistreatment after allegedly having personal property seized and suffering from altercations with other workers. Read more »
Vietnam continues to be key overseas production base of global giants

Vietnam continues to be key overseas production base of global giants

The country needs to well prepare for conditions to compete with its rivals in attracting foreign investment. Read more »
Electronics conglomerates hoping for further incentives

Electronics conglomerates hoping for further incentives

Vietnam’s attraction of overseas electronics and technology conglomerates cannot be overlooked. However, as the government is focusing on long-term acceleration of research and development and incentives for this sector, a... Read more »
Additionally-registered FDI capital rises 2.5-fold

Additionally-registered FDI capital rises 2.5-fold

In the first two months of 2021, despite the sharp drop in newly-registered foreign direct investment (FDI), $1.61 billion was poured into expanding capital at existing projects, a 2.5-fold rise... Read more »
Foreign-invested capital on the rise

Foreign-invested capital on the rise

A series of large-scale foreign-invested projects worth hundreds of millions of US dollars are flocking to Vietnam, promising a bright outlook in attracting this type of capital inflow this... Read more »
Vingroup fails to acquire LG Electronics smartphone business

Vingroup fails to acquire LG Electronics smartphone business

Vingroup is unlikely to be able to realise its ambition to take over LG Electronics’ smartphone manufacturing business. Read more »
Supply chain diversion increases tech giants’ interests in Vietnam: HSBC

Supply chain diversion increases tech giants’ interests in Vietnam: HSBC

The success of Samsung and Intel has led to other tech giants, such as Google and LG, shifting their supply chain to Vietnam. Read more »
LG Display Vietnam Haiphong increases capital by $750 million

LG Display Vietnam Haiphong increases capital by $750 million

Haiphong People's Committee has awarded the investment certificate for the LG Display Haiphong project to increase capital by $750 million. Read more »
Vingroup may break into US market through acquisition of LG smartphone business

Vingroup may break into US market through acquisition of LG smartphone business

Local conglomerate Vingroup is looking like the largest bidder for LG Electronics’ smartphone production line to support plans of setting foot in the US. Read more »
Vietnam emerges as top destination for global investors in 2020

Vietnam emerges as top destination for global investors in 2020

Given uncertainties surrounding the US – China relations and the serious Covid-19 situations globally, Vietnam has become a logical choice in the eyes of investors. Read more »
World major tech firms consider billion-dollar investment projects in Vietnam

World major tech firms consider billion-dollar investment projects in Vietnam

In addition to current incentives, Vietnam also offers tailor-made ones for hi-tech projects that help local firms further integrate into global value chains, said a senior government official. Read more »
Getting a lift from tech investment

Getting a lift from tech investment

The increase of global tech titans landing in Vietnam is hoped to facilitate local suppliers. Read more »
ASEAN aiming for tech-led innovation to foster growth

ASEAN aiming for tech-led innovation to foster growth

Despite global supply chain bumps stemming from COVID-19, ASEAN countries are becoming a rising hub destination for global manufacturers thanks to well-established trade networks, a growing middle class, a thirst... Read more »
5,000 more S.Korean experts, businesspeople waiting to enter Vietnam

5,000 more S.Korean experts, businesspeople waiting to enter Vietnam

South Korean firms operating in Vietnam are the best example of the strong Vietnam – South Korea relations, according to the Vietnamese prime minister. Read more »
S.Korean businesses ask for ease of quarantine rules upon Vietnam entry

S.Korean businesses ask for ease of quarantine rules upon Vietnam entry

South Korean Ambassador to Vietnam Park Noh Wan suggested that Vietnam be more flexible in terms of quarantine duration for South Korean businesses and experts. Read more »
Dialogue between Vietnam gov’t and S.Korean businesses to boost bilateral ties: Amb.

Dialogue between Vietnam gov’t and S.Korean businesses to boost bilateral ties: Amb.

The South Korean ambassador to Vietnam suggested that the two countries should work on a mechanism towards the restoration of cooperation after the Covid-19 pandemic. Read more »
South Korean companies want quarantine relaxation for experts visiting Vietnam

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. Read more »
Vietnam PM to address concerns of Samsung, LG, Lotte post Covid-19

Vietnam PM to address concerns of Samsung, LG, Lotte post Covid-19

The holding of a dialogues between the Vietnamese government and the Korean business community demonstrates strong economic ties between Vietnam and South Korea. Read more »
Foreign tech giants eye Vietnam shift

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. Read more »
LG, Foxconn join major global tech firms to shift production to Vietnam

LG, Foxconn join major global tech firms to shift production to Vietnam

With a growing number of multinationals looking to set a foothold in Vietnam, the country is having a great opportunity from a new wave of foreign investment, according to the... Read more »
LG, Panasonic, Foxconn are among giant tech planning to shift manufacturing to Vietnam

LG, Panasonic, Foxconn are among giant tech planning to shift manufacturing to Vietnam

LG, Panasonic,Foxconn (Apple supplier)  are planning to expand investment and production chains in Vietnam post-COVID-19 pandemic. Read more »
South Korean investment gusto undeterred by pandemic blows

South Korean investment gusto undeterred by pandemic blows

With Vietnam increasing focus on its business and investment climate, South Korean investors are hoping to expand into the country to venture into various fields, even despite the ongoing health crisis... Read more »
Hanoi opens wide doors for South Korean investors: City Party chief

Hanoi opens wide doors for South Korean investors: City Party chief

Vietnam would gradually reallow entry of foreign nationals, especially those from countries having effectively contained the Covid-19 pandemic, including South Korea, said Hanoi's Party chief. Read more »
LG chairman apologises over South Korea plant fire, India gas leak

LG chairman apologises over South Korea plant fire, India gas leak

SEOUL: LG Group chairman Koo Gwang-mo apologised on Wednesday (May 20) over two fatal accidents at LG Chem facilities in the past two weeks, reports said, including a gas leak... Read more »
Vietnam set to welcome dual investment flows following COVID-19

Vietnam set to welcome dual investment flows following COVID-19

Despite foreign direct investment (FDI) shown signs of a slowdown as a result of the negative impact of the novel coronavirus (COVID-19), experts believe that the nation will be able... Read more »
LG provides 10,000 sets of COVID-19 test kits for Ministry of Health

LG provides 10,000 sets of COVID-19 test kits for Ministry of Health

LG Electronics Vietnam Company presented 10,000 sets of novel coronavirus (COVID-19) test kits to the Ministry of Health in Hanoi on May 8 as a means of assisting the country... Read more »
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