South Oriental LG Show to spend added $1 billion in Vietnam, regional govt states

HANOI (Reuters) – Vietnam has actually granted a permit to South Korea’s LG Show that will certainly see it increase its financial investment in the north port city of Haiphong by $1 billion, the city’s authorities claimed late on Thursday.

The financial investment will certainly improve the firm’s OLED display screen outcome at its Haiphong manufacturing facility and increase its overall financial investment in Vietnam to $5.65 billion, according to a paper from the Haiphong Economic Area Authority.

( Coverage by Phuong Nguyen; Editing And Enhancing by John Mair)

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