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.
continuous allure of south korean funds

Continuous allure of South Korean funds

While most investors in the world are still focusing on the pandemic and its impact on global markets, South Koreans in Vietnam have other issues to worry about as they are preparing to tackle one of the biggest business challenges: choosing the right location to invest in.
rok delegation visits companies in dong nai

RoK delegation visits companies in Dong Nai

Speaker of the National Assembly of the Republic of Korea (RoK), Park Byeong-seug, held a working session with the Samil Vina and Hyosung companies, based in the southern province of Dong Nai, on November 4.
large scale dong nai plans remain mired in difficulties

Large-scale Dong Nai plans remain mired in difficulties

Dong Nai authorities are looking for ways to expand available industrial land to accommodate large-scale manufacturers’ needs, with the large-scale projects of Long Thanh High-tech Industrial Park and Hyosung Dong Nai highlighting how land is running scarce for new set-ups and expansion alike.
roks businesses urged to broaden investment

RoK’s businesses urged to broaden investment

Deputy PM Vuong Dinh Hue met with heads of leading corporations in the Republic of Korea (RoK) on June 19 as part of his ongoing visit to the East Asian country.