Kolon Industries bring $1 billion plant to Binh Duong

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Báo Đầu Tư English 5 month(s) ago

South Korean Kolon Industries Inc., a subsidiary of Kolon Group, will develop a $1 billion factory manufacturing airbags and industrial fabric for automobile tires in Binh Duong province, aiming to capture a larger share of the domestic and international market.

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Kolon to build $1 billion tire, airbag factory

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Báo Đầu Tư English 5 month(s) ago

Kolon Industries, Inc. from South Korea will invest US$1 billion to build an automobile tire and airbag factory in the southern province of Binh Duong.

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Daesang completes buy-out of Duc Viet Food

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Báo Đầu Tư English 5 month(s) ago

South Korean food-producing conglomerate Daesang Corp. Has completed the acquisition of a 99.99 per cent stake in Vietnamese meat processor and distributor Duc Viet Food Joint Stock Company for $32 million in September, fetching the Korean company a bridgehead in the Southeast Asian meat processing market.

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HCM City to build metro route to Tan Son Nhat Airport

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Báo Dân Trí English 5 month(s) ago 3 related news

HCM City authorities said they planned to submit a USD250m metro project link to Tan Son Nhat Airport to the prime minister for approval and will start the construction in 2019 if things go smoothly.

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Bankrupt shipping firm leaves containers in Vietnam

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Báo Dân Trí English 5 month(s) ago

Bankrupt South Korean shipping giant Hanjin has left up to 4,122 containers at HCM City ports, said the Vietnam Maritime Administration (Vinamarine).

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

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Báo Đầu Tư English 6 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 6 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 6 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 6 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 6 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 6 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 6 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 6 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 6 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 6 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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