Kang Boo Sung, consul general of South Korea in Danang City, discusses how Danang and its neighboring provinces in central Vietnam can attract Korean investors, particularly in high-tech industries The Saigon Times: Can you share your thoughts on cooperation and investment ties between South Korea and central Vietnam? Kang Boo Sung: Korean companies have made significant strides in central Vietnam, particularly in Danang. Dentium, a high-quality implant manufacturer, exemplifies this trend. It is currently the largest Korean investor in high-tech equipment in the city, having recently established a second factory at Danang Hi-Tech Park after its first plant was launched in 2019. Dentium’s expansion reflects the positive cycle fostered by Danang’s investor-friendly environment and Korean enterprises’ dedication to advancing technology. KP Aero Industries, another Korean company specializing in aircraft parts, is set to open a plant at the hi-tech park in the coming years. This investment is expected to play a crucial role in workforce development and contribute to Vietnam’s growing aviation and aerospace sector. In Quang Nam Province, Star Group Industrial (SGI), a rare earth magnet producer, will be a key player in promoting strategic cooperation in core minerals, an area of mutual interest agreed upon by leaders from […]
Kang Boo Sung, consul general of South Korea in Danang City, discusses how Danang and its neighboring provinces in central Vietnam can attract Korean investors, particularly in high-tech industries The Saigon Times: Can you share your thoughts on cooperation and investment ties between South Korea and central Vietnam? Kang Boo Sung: Korean companies have made significant strides in central Vietnam, particularly in Danang. Dentium, a high-quality implant manufacturer, exemplifies this trend. It is currently the largest Korean investor in high-tech equipment in the city, having recently established a second factory at Danang Hi-Tech Park after its first plant was launched in 2019. Dentium’s expansion reflects the positive cycle fostered by Danang’s investor-friendly environment and Korean enterprises’ dedication to advancing technology. KP Aero Industries, another Korean company specializing in aircraft parts, is set to open a plant at the hi-tech park in the coming years. This investment is expected to play a crucial role in workforce development and contribute to Vietnam’s growing aviation and aerospace sector. In Quang Nam Province, Star Group Industrial (SGI), a rare earth magnet producer, will be a key player in promoting strategic cooperation in core minerals, an area of mutual interest agreed upon by leaders from […]
Kang Boo Sung, consul general of South Korea in Danang City, discusses how Danang and its neighboring provinces in central Vietnam can attract Korean investors, particularly in high-tech industries The Saigon Times: Can you share your thoughts on cooperation and investment ties between South Korea and central Vietnam? Kang Boo Sung: Korean companies have made significant strides in central Vietnam, particularly in Danang. Dentium, a high-quality implant manufacturer, exemplifies this trend. It is currently the largest Korean investor in high-tech equipment in the city, having recently established a second factory at Danang Hi-Tech Park after its first plant was launched in 2019. Dentium’s expansion reflects the positive cycle fostered by Danang’s investor-friendly environment and Korean enterprises’ dedication to advancing technology. KP Aero Industries, another Korean company specializing in aircraft parts, is set to open a plant at the hi-tech park in the coming years. This investment is expected to play a crucial role in workforce development and contribute to Vietnam’s growing aviation and aerospace sector. In Quang Nam Province, Star Group Industrial (SGI), a rare earth magnet producer, will be a key player in promoting strategic cooperation in core minerals, an area of mutual interest agreed upon by leaders from […]
The recent Q3 corporate earnings report season presents a promising outlook, with many companies achieving substantial profits and even meeting their full-year targets. However,...
HCMC – The National Assembly (NA) is deliberating a draft resolution aimed at easing the process for developers to acquire land for commercial housing...
HCMC – The Airports Corporation of Vietnam (ACV) has proposed adding a second runway to Long Thanh International Airport during its first phase.
ACV stated...
HCMC – The International Finance Corporation (IFC), under the World Bank Group, has increased its long-term investments in Vietnam during the past fiscal year,...
HCMC – HCMC has extended low-interest loans totaling VND9.78 trillion to 37 businesses to help stabilize local market prices, according to the Government news...
HCMC – Vietnam and Peru have announced a commitment to deepen economic and trade relations, following Vietnamese President Luong Cuong’s official visit to Peru...