LG Electronics to invest news factory in Trang Due Industrial Park
LG Electronics recently announced it is placing its new 100,000 square metre factory in Trang Due Industrial Park in the northern city of Haiphong into operation in October.
The new facility to manufacture and export electronic products and electrical household appliances has an expected localization rate of 50%.
LG Electronics Vietnam General Director Ko Tae Yeon, revealed the group plans to expand the facilities to 402,600 square metres over the next 10 years at an estimated cost of US$1.5 billion.
13:47, 2024/04/01
Vietnam, China intensify cooperation on green growth, digital economy
The scope of cooperation includes not only investment but also technology transfer, employee training, and the exploration of other markets.
22:03, 2024/01/18
Hanoi's green industrial parks attract investment
Hanoi's industrial and commercial sector has been focusing on green growth - a trend that catches investors' attention.
22:11, 2023/02/10
Vietnamese, Singaporean firms ink agreements to bolster economic relations
Singapore’s FDI into Vietnam in 2022 amounted to nearly US$6.46 billion, making it the largest foreign investor for that year.
14:32, 2022/09/24
Thang Long Industrial Park urged to streamline administrative procedures for manufacturers
Hanoi continues to promote the attraction of foreign investment capital for socio-economic development.
08:32, 2022/09/12
Vietnam leads top choice for global investors: Cushman & Wakefield
Vietnam is considered an attractive investment destination and a dynamic, open economy with a high growth rate in the world.
17:20, 2022/03/07
Vietnam-Singapore III Industrial Park to be built in Binh Duong this month
The industrial park will prioritize both high-tech tenants and labor-intensive industries such as apparel and footwear.
- Vietnam Prime Minister approves three industrial parks
- Recruitment demand of foreign manufacturers surges in 2021
- New industrial project expected to lure high-tech investment in Thai Binh
- Vietnam draws US$6 billion in FDI to industrial and economic zones in H1
- Strong FDI brings gold for Vietnam’s industrial zone developers
- Foreign investment fuels industrial real estate in Vietnam