HaNam (VNA) – The Seoul Semiconductor Co., Ltd from the Republic of Korea(RoK) on May 27 inaugurated a plant in thenorthern province of Ha Nam.
Covering an area of 7.5 ha in the Dong Van I Industrial Park (IP) in Duy Tiendistrict, the 300-million-USD plant specialisesin manufacturing semiconductor products, hi-tech LED systems and spare parts servingsectors of lighting, electronics, telecommunication, and those requiring energysaving.
The factory applies modern technologies such as nPola, WICOP, DRT ad UV LED,enabling it produce LED lighting systems without power adapters. The plant generatesjobs for over 3,000 workers.
Chairman of the provincial People’sCommittee Nguyen Xuan Dong said at the inauguration ceremony that this is the largest ever foreign direct investment project inHa Nam.
He stressed the project is in line with the hi-tech and supporting industry developmentstrategy, as well as the socio-economic development plan of the province.
The project not only meets the market demand, but also open a opportunity for suppliersof auxiliary products, which serves the production of the plant, Dongsaid.
He asked the Management Board of IPs, and relevant department and sectors of HaNam to coordinate closely in addressing difficulties facing Seoul Semiconductorin particular, and other investors in general, thus making it easy for their operationsin the locality.-VNA
Hanoi is willing to create favourable conditions, especially in administrative procedures, for businesses from the Republic of Korea (RoK) to make long-term investments in the city.
Twelve food and beauty care businesses from the Republic of Korea (RoK) participated in a conference in Ho Chi Minh City on March 21 to look for franchisees.
Vietnam has been attracting a lot of attention from investors in the Republic of Korea (RoK) thanks to her active global economic integration and engagement in free trade agreements.
Vice Chairman of the Hung Yen provincial People’s Committee Nguyen Van Phong called for foreign investment, including those from the Republic of Korea (RoK) at a workshop in Seoul on April 13.
Hanoi will create all best possible conditions for investors from the Republic of Korea (RoK) to invest in Hanoi and for 50,000 RoK citizens living in the Vietnamese capital, said a local leader.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Source: Internet) 
