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Hyosung plans electricity projects in Vietnam

Feb 9, 2018
Companies
Posted by Ken Wallingford

In a meeting between the Chairman of Korea’s Hyosung Group and the Vietnamese Prime Minister, Nguyen Xuan Phuc, the PM suggested Hyosung becomes a strategic investor in Vietnam’s electricity transformer industry.

Meanwhile, Hyosung’s Chairman said that the company is planning to invest up to U.S. $6 million including in electricity projects.

In particular, Hyosung will supply high voltage power transformers which are needed in the country.

Source: Nhan Dan, Vietnam Plus

Photo: Rodrigo Duterte with Nguyễn Xuân Phúc 092916 / Presidential Communications Operations Office / Wikimedia / CC0 Public Domain

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