hyosung committed to investing additional 4 billion into vietnam

Hyosung committed to investing additional $4 billion into Vietnam

South Korean industrial conglomerate Hyosung Group plans to inject another $4 billion into Vietnam, contributing to the country's economic development and implementing its corporate social responsibility.
hyosung projects in quang nam delayed due to land and compensation barriers

Hyosung projects in Quang Nam delayed due to land and compensation barriers

South Korea's Hyosung Group is facing land rent and compensation barriers as it attempts to implement its $1.3 billion investment commitments in the central province of Quang Nam.
hyosung eyes vietnam as strategic global base

Hyosung eyes Vietnam as strategic global base

Hyosung is planning to increase its investments in Vietnam, considering the country a priority for expanding its global production base.
hyosung plans data centre in ho chi minh city

Hyosung plans data centre in Ho Chi Minh City

South Korean industrial conglomerate Hyosung Corporation has expressed its intention to build a data centre in Saigon Hi-Tech Park (SHTP).
south koreas hyosung tnc to invest 1 billion in vietnam

South Korea's Hyosung TNC to invest $1 billion in Vietnam

On March 30, Hyosung TNC received investment approval for the Hyosung BDO project from Ba Ria-Vung Tau People's Committee as part of its efforts to build the largest bio-spandex factory in Vietnam.
hyosung to invest an additional 2 billion in vietnam in 2024

Hyosung to invest an additional $2 billion in Vietnam in 2024

South Korean industrial conglomerate Hyosung Group has just unveiled its intention to inject an additional investment of $2 billion into Vietnam in 2024.
dong nai licenses four foreign invested projects worth over 156 million

Dong Nai licenses four foreign-invested projects worth over $156 million

Dong Nai People's Committee granted investment certificates to four foreign-invested projects with the total registered capital of more than $156 million on January 8.
hyosung group unveils 720 million investment in vietnam

Hyosung Group unveils $720 million investment in Vietnam

Hyosung Group, a South Korean industrial conglomerate, has announced plans to invest $720 million in a biotech fiber manufacturing plant in Vietnam.
fdi to ba ria vung tau on steady rise

FDI to Ba Ria-Vung Tau on steady rise

Amid multiple challenges in both global and domestic economies, in the first 10 months of this year Ba Ria-Vung Tau has enticed 20 foreign-led projects valued more than $751 million in total registered capital, a 2.78-fold increase on-year.
hyosung vietnam to invest nearly 1 billion in carbon fiber plant

Hyosung Vietnam to invest nearly $1 billion in carbon fiber plant

Hyosung Vietnam has announced plans to invest approximately $1 billion in a carbon fiber manufacturing facility, solidifying its strategic position in Vietnam's industrial landscape.
south korean chairmen and ceo delegation led by president yoon suk yeol to visit vietnam

South Korean chairmen and CEO delegation led by President Yoon Suk Yeol to visit Vietnam

Chairmen and CEOs from top South Korean conglomerates, including Samsung, SK, Hyundai, LG, Hanwha, Hanjin, and Hyosung, join President Yoon Suk Yeol on his groundbreaking state visit to Vietnam, fostering a transformative landscape for unprecedented collaboration and growth.
hyosung vina chemical launches 13 billion pp plant and lpg storage cavern

Hyosung Vina Chemical launches $1.3 billion PP plant and LPG storage cavern

Hyosung Vina Chemicals officially put its PP plant and underground LPG storage cavern into operation On December 17 at Cai Mep Industrial Park in the south-central province of Ba Ria-Vung Tau.
localities attempt to buck funding trend

Localities attempt to buck funding trend

An increase in financing for operational projects so far this year is demonstrating foreign investors’ trust in the local investment environment and the efforts of localities in improving the business community.
hyosung vina chemicals proposes removing import tax on propane

Hyosung Vina Chemicals proposes removing import tax on propane

Hyosung Vina Chemicals Co., Ltd., a South Korean-invested chemicals company with about $1.3 billion investment in Vietnam, is waiting for the Ministry of Finance’s approval to remove the 2 per cent import tax on propane, a material used for propylene production.
plastic tax proposal meets opposition

Plastic tax proposal meets opposition

Hyosung Vina Chemicals’ proposal to increase the imported tax for models of polypropylene is facing opposition from the Vietnam Plastics Association because they believe it will push manufacturing costs up and limit their expansion.