LG Electronics’s major Vietnam factories report revenue growth of 23% in 2023
Two Vietnamese subsidiaries of South Korea’s LG Electronics have posted a combined revenue of KRW10,897.1 billion ($7.95 billion) in 2023, up 23.4% year-on-year, according to the South Korean chaebol’s latest financial statements.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
LG invests $8.24 bln in northern Vietnam city, urged to do more in training, healthcare
South Korean chaebol LG’s investment in Vietnam’s northern coastal city of Hai Phong has amounted to $8.24 billion to date, and the local administration has called on the company to invest more in education-training and healthcare.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
LG Display posts $115 mln net income in Vietnam in 2023
LG Display Vietnam Haiphong Company, under LG Display - a subsidiary of South Korean chaebol LG, posted a net income of KRW159.1 billion ($114.9 million) in Vietnam in 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam-based LG factories post $329 mln profit in 2022
Electronics giant LG’s three factories in Vietnam recorded a total net profit of KRW434.51 billion ($328.5 million) in 2022, down 21% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
LG Display plans expansion of Hai Phong factory
South Korean giant LG Display plans to expand its 45-hectare factory in the northern city of Hai Phong and seek recruitment support from the Vietnamese labor ministry.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
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