Inadequacies in employee governance at foreign companies

Inadequacies in employee governance at foreign companies

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

LG refuses to sell Haiphong smartphone plant

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

LG Electronics looking for buyer for smartphone plants

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

Workers feel brunt of corporate issues

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

Vingroup fails to acquire LG Electronics smartphone business

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

LG Electronics begins building R&D centre in Da Nang

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

South Korean tech titans tracking cost advantage

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

LG Electronics to build additional R&D centre in Vietnam

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

LG Electronics replaces CEO after net profit slumps

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

Vietnam economy grows at best rate in a decade

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.