Topic: Hyosung

During his official visit to South Korea, Prime Minister Pham Minh Chinh met with leaders of Hyosung and Lotte groups on July 1.

The South Korean conglomerate, already a major investor in Vietnam, plans to further expand its presence in the country with new projects in advanced materials, biofuels and ATMs. The move comes as Vietnam solidifies its position as a manufacturing powerhouse in Southeast Asia.

South Korean conglomerate has unveiled its intentions to inject additional investment of $2 billion in Vietnam this year.