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.

Green light for Danang housing plan

Danang authorities have conditionally given the thumbs-up to a South Korean proposal to invest in a residential development in the central city.

KNOC sinks $600m into oil projects

South Korean oil corporation KNOC is to invest another $600 million to develop separate oil field and pipeline projects off the coast of Vung Tau in southern Vietnam.

Investor in bid for $30m hospital

South Korean investor Rim Medical Hospital has applied to build a $30 million international hospital, five kilometres from Hanoi’s Noi Bai Airport.

South Korea firm sinks golf project in one

South Korea’s East Asia Air Express last week won an investment licence from the Ministry of Planning and Investment to develop a 54-hole golf course in the northern province of Hoa Binh.

Top player joins sport complex

South Korea’s Luxon Global Company is to become the primary foreign partner in a project to build a sports and recreational area in Ho Chi Minh City’s Rach Chiec Sports Complex.

Foreign investors plan $300m health complex plan hospital complex

A group of private contributors from Japan, South Korea, Singapore and the US have put plans on the table for a $300-million healthcare complex in Vietnam.
visa move to stamp mark on tourism

Visa move to stamp mark on tourism

The government has unilaterally abolished entry visas for South Korean and Japanese travellers, in a landmark decision designed to boost the tourism industry.Last week’s announcement by the Ministry of Foreign Affairs was the first time the government voluntarily removed entry visa requirements for a country without requiring a reciprocal exemption for Vietnamese travellers.
dalat golf course developer rumoured

Dalat golf course developer rumoured

Lam Dong province authorities last week denied rumours that a South Korean company had been approved to develop an international golf course in Dalat.

Nam Dinh tailor-made for South Korean clothing giant

A new apparel, textile and footwear production complex has proved a breakthrough for the one-time textile metropolis of Nam Dinh.

Workers labour under South Korean crackdown

LESS than half of the 3,642 Vietnamese working illegally in South Korea have returned home in the last two weeks, despite being threatened with fines and jail terms if they did not leave before November 15.

Thai firm takes over $14.5m golf course

THAILAND property company Noble Development is the new partner in Hanoi’s $14.5-million Kim No golf course, replacing South Korea’s Daewoo who quit last year citing financial difficulties.