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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
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 - Mon, Dec 22, 2021 | 11:30 am GMT+7
Petrovietnam pursues $19 bln petrochemical, reserve complex
State-run Petrovietnam has proposed the government consider investment for a $19 billion oil refinery and national crude oil, petroleum reserve in the south.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Heavy industry support lures tenants to Phu My 3 specialized IP
The Phu My 3 Specialized Industrial Park in southern Vietnam has been attracting tenants by offering dedicated, international standard infrastructure and services.
Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
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Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant
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