LG Electronics is expanding its research and development (R&D) capabilities in Vietnam, now extending from software development to include home appliance solutions, covering lifestyle, kitchen, and air solutions, reported the Seoul Shinmun daily.

VOV.VN - Deputy Prime Minister Tran Luu Quang expressed his desire for LG Group to continue expanding investment in Hai Phong and other localities, while proposing that the group move to invest in building a research and development (R&D) centre in Vietnam.

LG Electronics Inc. said on March 9 that it is scaling up its research and development operations in Vietnam to respond to a rapidly growing electric vehicle (EV) parts business.

VOV.VN - Chinese display maker BOE Technology Group Co Ltd, a supplier of both Apple Inc and Samsung Electronics Co Ltd, have initiated plans to inject up to US$400 million to build two factories in Vietnam, according to information provided by news outlet Reuters.

VOV.VN - Vietnam has been evaluated as a country boasting excellent talent with labour costs far cheaper than those in the Republic of Korea (RoK), according to a statistical report published on June 14 on the Korean financial investment industry.

The LG Display Vietnam Hai Phong Co. Ltd., has recently raised its investment by US$1.4 billion, bringing the total investment of the entire project to US$4.65 billion.

VOV.VN - A representative of LG Electronics Vietnam has hit back at rumours that it would sell its Hai Phong plant, and said the plant operates normally except for the smartphone line.

VOV.VN - LG Electronics is taking steps to close down a production plant in the northern port city of Hai Phong, after the firm decided to withdraw from the smartphone business, according to reports by Business Korea.

The Vietnam Manufacturing Purchasing Managers' Index (PMI) dipped fractionally below the 50.0 no-change mark to 49.9 last month, signalling broadly unchanged business conditions during the month.

The Republic of Korea (RoK)’s LG Electronics and Trung Nam Land JSC inked an agreement on October 30 with a vision to transform Da Nang into the centre of technology and R&D in Vietnam, creating a mini 'Silicon Valley'.