Ground-breaking mega deals break new ground $2.3bn deals

South Korea’s POSCO E&C has sealed a deal to develop Vietnam’s two mega property projects in conjunction with a local partner.The firm will join Vinaconex in implementing the $2.3 billion Lang-Hoa Lac Highway and North An Khanh New City Development projects.

$1bn Posco plan headlines Korean investment surge

Posco, the world’s fourth largest steel producer, is proceeding with construction plans for a giant steelworks in the south of Vietnam.

Big Hanoi developer expresses concerns

The Korean consortium behind the development of the Tay Ho Tay property development, last week expressed its concerns over the latest Hanoi People’s Committee proposal for changes to the development plan.

$500m shipping plan floated

A South Korean ship manufacturer’s proposed project in the central province of Khanh Hoa is expected to boost local economic development and contribute to bringing Vietnam into the top ranks of world shipbuilders.
korean investors drive for ha tay

Korean investors drive for Ha Tay

Korean investors are flocking to Ha Tay province with the desire to turn it into a land of golf courses, considering the province’s scenic landscape and proximity to Hanoi as big advantages.

South Korean retailing giant eyes economic hub

South Korea’s leading retailer, Lotte Shopping, is looking to open a chain of wholesale and retail super-stores in Ho Chi Minh City, Vietnam’s commercial hub, kicking off competition with domestic operators in the sector.
hanoi seoul ink red river development

Hanoi, Seoul ink Red River development

The cities of Hanoi and Seoul signed an agreement last week for Koreans to help the Vietnamese capital develop the area along the Red River, revealed a source from the Hanoi People’s Committee.

$198m hospital comes to life

Residents and foreigners in Vietnam will soon have access to world-class disease diagnosis and treatment from South Korean doctors at a new $198.5 million state-of-the-art polyclinic in Hanoi.
asiana plaza to go fully foreign owned

Asiana Plaza to go fully foreign owned

South Korea’s Kumho Construction & Engineering Inc. will go it alone in the long-stalled Asiana Plaza office building complex project in Ho Chi Minh City, pending approval of a proposal by local partner Saigontourist.

Twin city $200m hospital plans

Two South Korean investors have submitted applications to the Ministry of Planning and Investment establish two major hospitals in Hanoi and Ho Chi Minh City.
korean firm wins landmark deal

Korean firm wins landmark deal

A South Korean firm is set to become the first foreign firm to invest in the infrastructure sector under the turn-key method.
korean film venture focuses on vietnam

Korean film venture focuses on Vietnam

South Korean cinema giant Image to Imagination (ITOI) are hoping to team up with Dat Sang Media Ltd on a joint venture project to establish a film school in Vietnam.

Korean building investors think big

Korean investors are looking around Vietnam’s property market for opportunities to be involved in large-scale projects, according to the Korean Trade Investment Promotion Agency (KOTRA).

LG sets sights on HCMC

South Korea’s LG Engineering & Construction Corporation is hoping to bag a number of contracts to develop infrastructure and property projects in the country’s industrial hub.

South Koreans unveil West-West Lake plan

A South Korean construction consortium last week tabled a proposal to the Ministry of Planning and Investment to develop Hanoi’s West-West Lake project.