Danang becoming focal point in Central Vietnam investment
June 23, 2022 | 08:00
Envisioned to carve itself out a spot among the top development hubs in Vietnam and Southeast Asia, Danang is steadily progressing towards becoming an ideal investment venue.
RoK firms expand investment in research and development in Vietnam
June 15, 2022 | 19:49
Leading enterprises from the Republic of Korea (RoK) including Samsung Electronics, Naver and Revu Corporation have further promoted investment in research and development (R&D) centres in Vietnam to fully tap high-quality and low-cost human resources.
LG Display raises its investment in Vietnam by $1.4 billion
September 01, 2021 | 15:05
With this additional capital, the total investment of LG Display in Vietnam has reached $4.65 billion.
Inadequacies in employee governance at foreign companies
April 20, 2021 | 13:12
While strikes and employees halting work have reduced at FIEs, there are still cases of mistreatment – even at some of the largest names.
LG refuses to sell Haiphong smartphone plant
April 14, 2021 | 20:00
Despite shutting down its smartphone business due to long-term losses, LG Electronics Vietnam refuses to find a buyer for its Haiphong smartphone factory.
LG Electronics looking for buyer for smartphone plants
April 12, 2021 | 14:08
South Korean technology giant LG Electronics is shutting down all smartphone plants and is beginning to look for buyers.
Workers feel brunt of corporate issues
March 29, 2021 | 14:01
Employees who believe they are being treated unfairly have been encouraged to seek advice regarding their rights as major foreign-invested companies and their workers feel the strain of pandemic-related woes over the past year.
Vingroup fails to acquire LG Electronics smartphone business
February 23, 2021 | 10:54
Vingroup is unlikely to be able to realise its ambition to take over LG Electronics’ smartphone manufacturing business.
LG Electronics begins building R&D centre in Da Nang
November 01, 2020 | 11:34
The Republic of Korea (RoK)’s LG Electronics and Trung Nam Land JSC inked an agreement on October 30 with a vision to transform Da Nang into the centre of technology and R&D in Vietnam, creating a mini 'Silicon Valley'.
South Korean tech titans tracking cost advantage
August 12, 2020 | 07:00
Recognising the vast potential of Vietnam’s developing IT industry, more South Korean high-tech tech firms are looking to ramp up their production in the Southeast Asian country.
LG Electronics to build additional R&D centre in Vietnam
August 01, 2020 | 09:52
Home appliance maker LG Electronics is considering building a new R&D centre in Vietnam, while simultaneously expanding its existing facility in Haiphong.
LG Electronics replaces CEO after net profit slumps
December 02, 2019 | 18:22
LG Electronics CEO Jo Seong Jin has left his position after the company reported negative profit in its smartphone department for the 18th consecutive quarter.
Vietnam economy grows at best rate in a decade
March 29, 2018 | 16:26
Vietnam's economy saw its strongest first-quarter growth in a decade, data showed on Thursday (Mar 29), driven by a surge in electronics manufacturing and exports.
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