South Korean electric giant LG Innotek to increase investment in Vietnam to US$2bil, says govt


HANOI (Reuters): South Korean electronics company LG Innotek will raise its investment in its plant in the Vietnamese port city of Haiphong to $1 billion in the next two years, Vietnam's government said on Monday.

The move will take the company's total investment in the Southeast Asian country to about $2 billion, the government said in a statement.

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