South Korean investment

Update news South Korean investment

Hyosung to pour additional US$2 billion into Vietnamese market

Hyosung, the Republic of Korea (RoK)’s leading supplier of the power transformer industry, plans to inject an additional US$2 billion into the Vietnamese market this year.

RoK aerospace, aircraft project lands at Da Nang’s Hi-Tech Park

The Republic of Korea’s KP Aero Industries will start building a 20,000sq.m factory with an investment of $20 million at the central city’s Da Nang Hi-Tech Park, to produce and supply various parts for the aircraft industry.

Korean firm Hana Micron to invest US$1 billion in Vietnam chip production

Hana Micron, a semiconductor company of the Republic of Korea (RoK), plans to pour US$1 billion into chip production in Vietnam by 2025, the latest in a wave of semiconductor investments flooding into the country.

More investments from RoK coming to Vietnam

A number of large enterprises from the Republic of Korea (RoK) are continuing to pour investment into Vietnam, turning the Southeast Asian country into their leading manufacturing hub in the world.

RoK firms funnel 12 billion USD into Viglacera’s industrial parks

Industrial parks developed by state-owned Viglacera Corp have attracted 12 billion USD in investment from more than 100 enterprises from the Republic of Korea (RoK).

Korean investors turn into net buyers of Vietnamese stocks

Investors of the Republic of Korea (RoK) were net buyers of stocks in Vietnam, at 9.1 million USD, in the first 11 days of August, over four times higher than the net buying of 2.12 million USD in July.

Korean investors inject US$2.34 billion into Vietnam over seven months

Financiers from the Republic of Korea (RoK) poured in US$2.34 billion into the Vietnamese market in the opening seven months of the year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

Korean retailers eye opportunities in Vietnam

Retail firms of the Republic of Korea (RoK) are stepping up efforts to tap into the Vietnamese market, which has huge growth potential thanks to its rapid economic growth and a high proportion of the working age population.

Billions of US dollars from RoK expected to head to Vietnam

Large Korean corporations are still looking to Vietnam and consider the country the number one investment destination, said Hoang.

Billionaires accompany South Korean President during visit to VN

South Korean President Yoon Suk Yeol, who paid a state visit to Vietnam several days ago, was accompanied by top businesspeople of his country, including billionaires and leaders of conglomerates such as Samsung, SK, Hyundai and LG.

LG Innotek Vietnam Hai Phong raises investment by US$1 billion

The People's Committee of northern Hai Phong city held a conference on June 26 to present a certificate to LG Innotek approving its additional capital of 1 billion USD from 2023-2025, raising the company's total investment to over 2 billion USD.

Vietnam to develop strategic infrastructure to lure more RoK investment: President

Vietnam will strongly develop its strategic infrastructure system to lure more investment from the Republic of Korea (RoK), President Nguyen Xuan Phuc told more than 500 enterprises attending the Vietnam-RoK Business Forum in Seoul on December 6.

President calls for stronger investment from RoK enterprises

President Nguyen Xuan Phuc on December 5 received representatives of large enterprises of the Republic of Korea (RoK) operating in Vietnam, as part of his State visit to the Northeast Asian country.

Strong rise of new players in Saigon cinema market

VietNamNet Bridge - The HCM City cinema market has become much more competitive with the closure of Galaxy Nguyen Trai, one of the most important cinemas of Galaxy Cinema, and the rise of several newcomers.

Part 2: Vietnam gets ready to receive Korean third investment wave

South Koreans have been flocking to Vietnam to invest in the real estate, retail, logistics, consumer goods and electronics projects, the business fields that they have great advantages.