Hyosung petitions for $1.2 billion factory in Ba Ria-Vung Tau

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Báo Đầu Tư English 3 month(s) ago 1 related news

South Korean Hyosung Group is seeking the Ba Ria-Vung Tau Industrial Zone Management Authority’s approval to develop a complex of a polypropylene production factory and a liquefied petroleum gas (LPG) depot, with a total investment capital of $1.2 billion, according to newswire Diendandoanhnghiep.

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S Koreans to invest in gas facilities

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Báo Đầu Tư English 3 month(s) ago 1 related news

South Korean company Hyosung Corporation has proposed to build polypropylene (PP) factories and a liquid petroleum gas (LPG) storage facility in Ba Ria-Vung Tau Province.

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Lotte subsidiary refuses to lay low in midst of scandal

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Báo Đầu Tư English 4 month(s) ago

In spite of the scandal over its muddled operations, Lotte Asset Development Co., Ltd, a subsidiary of South Korean conglomerate Lotte Group – one of the future developer of the $2.2 billion Thu Thiem Eco Smart City project in Ho Chi Minh City’s Thu Thiem New Urban Area, is expanding in the Vietnamese real estate market by acquiring minority stakes in businesses operating in the country, according to newswire Koreaherald.

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Vietnamese survivors of S.Korean massacres – P4: Call for memorials

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Báo Tuổi Trẻ English 4 month(s) ago

Survivors and families of those killed in the massacre of Vietnamese civilians by South Korean mercenaries half a century ago plead for memorials to be erected in their honor.

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Hanoi restarts USD7bn Red River urban area project

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Báo Dân Trí English 4 month(s) ago

Hanoi’s authorities have restarted the Song Hong City project along Red River with South Korean investors after a 22-year delay.

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In Samsung's town in Vietnam, workers confident of riding out Note 7 storm

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Báo Tuổi Trẻ English 4 month(s) ago

As Samsung Electronics (005930.KS) struggles to salvage its reputation after the safety problems that have beset its flagship Galaxy Note 7 smartphone, the South Korean company can at least bank on an army of Vietnamese workers for support.

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S.Korean director pledges passport as payment promise to Vietnamese workers

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Báo Tuổi Trẻ English 4 month(s) ago

The director of a South Korean company in Ho Chi Minh City has surrendered his passport to employees as collateral for failing to pay them last month.

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Samsung’s halt of Note 7 production to affect Vietnam’s exports: insiders

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Báo Tuổi Trẻ English 4 month(s) ago

The decision of Samsung to stop producing its flagship Galaxy Note 7 worldwide may adversely affect the export revenue of Vietnam, home to two major mobile production complexes of the South Korean smartphone maker, industry insiders say.

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Korean Daegu firms promote investment in HCMC

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SaiGon GP English 4 month(s) ago

Deputy Chairman of the HCMC People’s Committee Le Thanh Liem and mayor of South Korean Daegu city Kwon Young-jin chaired a HCMC-Daegu business seminar yesterday afternoon during the mayor’s visit to the city to promote investment and trade.

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Apple, Samsung in epic patent clash in top US court

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Báo Đầu Tư English 4 month(s) ago

WASHINGTON: The epic patent clash between Apple and Samsung went before the Supreme Court on Tuesday (Oct 11), as the smartphone giants debated the value of design in a case that could set an important legal precedent.

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South Korean investor keen on Bac Ninh racetrack

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Báo Dân Trí English 4 month(s) ago

South Korea’s Horse Race Group proposed investing in a horse racetrack in northern Bac Ninh province at a meeting with local authorities a few days ago.

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Samsung requests tax exemption for recalled Galaxy Note 7 devices

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Báo Đầu Tư English 5 month(s) ago

South Korean tech giant Samsung has requested Vietnam for exemption from export-import and value added taxes for the faulty Galaxy Note 7 smart phones, which are currently being recalled around the global, according to newswire Vneconomy.vn.

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Cracking down on tax evasion

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Báo Đầu Tư English 5 month(s) ago

Significant changes in the newly-released draft decree on transfer pricing and tax erosion avoidance is grabbing companies’ attention on the matter of compliance.

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South Korea unchallenged as largest foreign investor in Vietnam

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Báo Đầu Tư English 5 month(s) ago

In the first three quarters of this year, South Korean investors not only maintained their position as the largest source of foreign capital in Vietnam but also far outpaced foreign competition.

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IPs near Hanoi looking popular

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Báo Đầu Tư English 5 month(s) ago

Industrial parks nearby Hanoi have attracted scores of foreign invested businesses this year.

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