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
Rising land prices in northern Vietnam pose concern to investors: Savills
A substantial increase in land prices in Vietnam’s Northern Economic Zone (NEZ) could unnerve investors who seek to set up manufacturing facitiies here, real estate services firm Savills Vietnam said in its latest note.
Industrial real estate - 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
- 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
- Editor’s Picks
-
LG’s chemicals arm records modest 2023 profits in Vietnam
-
Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
-
Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
-
AG&P LNG to start operating southern Vietnam LNG terminal in Sept