Korea’s Hyosung eyes ATM production, data center in Vietnam
Multi-industry conglomerate Hyosung, the third largest South Korean investor in Vietnam after Samsung and LG, plans to manufacture automated teller machine (ATMs) and build a large data center in Ho Chi Minh City.
Industries - Sat, May 11, 2024 | 10:05 am
Hyosung T&C invests $118 mln in Vietnam nylon business
Hyosung T&C, the spandex arm of South Korean chaebol Hyosung, will invest $118.2 million to acquire 100% ownership of Vietnam-based Hyosung DongNai Nylon Co., Ltd., a fiber producer.
Companies - Thu, April 4, 2024 | 2:47 pm
Korea chaebol Hyosung to pour extra $779 mln in southern Vietnam
Two Vietnam subsidiaries of South Korean industrial chaebol Hyosung have secured licenses to invest an additional $779 million in the southern province of Ba Ria-Vung Tau.
Industries - Sun, March 31, 2024 | 11:11 pm
Korea’s Hyosung, Vietnam Electricity eye technological cooperation
South Korean industrial chaebol Hyosung and state utility Vietnam Electricity (EVN) plan to enhance their technological cooperation, company executives said at a Friday meeting.
Companies - Sat, February 3, 2024 | 2:52 pm
Hyosung plans $400 mln aviation fuel investment in southern Vietnam
South Korean industrial chaebol Hyosung plans to invest $400 million in a hydro-treated vegetable oil (HVO) project for manufacturing aviation fuel in the southern coastal province of Ba Ria-Vung Tau.
Industries - Thu, February 1, 2024 | 4:18 pm
Vietnam seeks expertise from global financiers for HCMC financial center
The Vietnamese government is seeking assistance from world leading banks and financial investment funds for the building of a financial center in Ho Chi Minh City, the country’s largest economic hub.
Economy - Thu, January 18, 2024 | 10:40 pm
Korean industrial chaebol Hyosung plans $2 bln investment in Vietnam this year
South Korean giant Hyosung, which has invested $3.5 billion in Vietnam, plans to invest another $2 billion this year, said vice chairman Cho Hyun-sang.
Industries - Thu, January 18, 2024 | 9:06 pm
2023: energy, electronics sectors shine bright as Vietnam attracts huge foreign investments
Energy and electronics sectors hogged the limelight as registered foreign direct investment (FDI) in Vietnam reached $36.6 billion this year through December 20, up 32.1% year-on-year.
A year in review and 2024 forecasts - Fri, December 29, 2023 | 9:15 am
Korea’s Hyosung plans $720 mln additional investment in Ba Ria-Vung Tau province
South Korea’s industrial chaebol Hyosung plans to invest $720 million more in Vietnam’s southern province of Ba Ria-Vung Tau in a biofiber factory, said a delegation from the firm.
Industries - Tue, December 5, 2023 | 4:16 pm
Ba Ria-Vung Tau province okays $540 mln Hyosung carbon fiber factory
South Korean giant Hyosung has received in-principle approval from Ba Ria-Vung Tau's industrial park authority to build a $540 million carbon fiber factory in the southern coastal province.
Industries - Tue, October 3, 2023 | 3:46 pm
Hyosung plans $1 bln carbon fiber plant in southern Vietnam
Hyosung Vietnam, invested by South Korea’s chaebol Hyosung, plans to invest $1 billion to build a carbon fiber factory in Phu My 2 Industrial Park, Ba Ria-Vung Tau province.
Industries - Sat, July 22, 2023 | 2:43 pm
Top Korean firms to attend business forum in Vietnam to boost trade
Executives from South Korean leading conglomerates will attend an economic forum in Vietnam on June 24 as both countries seek to expand economic cooperation.
Industries - Sat, June 10, 2023 | 5:24 pm
Hyosung Chemical records $23 mln Q1 loss in Vietnam
Hyosung Chemical, the chemical arm under South Korea’s multi-sector business Hyosung, recorded a loss of KRW30.1 billion ($22.86 million) from its Vietnam operation in the first quarter of this year.
Companies - Tue, May 23, 2023 | 4:09 pm
Dong Nai province approves $370 mln cash injection into 5 FDI projects
The southern province of Dong Nai granted investment expansion certificates to five foreign-invested projects with additional capital of $370 million on Friday.
Industries - Sat, April 1, 2023 | 4:33 pm
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- Editor’s Picks
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
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SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
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AG&P LNG to start operating southern Vietnam LNG terminal in Sept