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Share Smartphones are produced at a Vingroup factory in Vietnam’s Haiphong city. QUAN DOI NHAN DAN ONLINE Digital transition expected to keep Vietnamese M&A market humming Tue, 16 March 2021 At the start of the year a report in the Korea Times newspaper said Vingroup is likely to acquire LG’s smartphone manufacturing plants in Vietnam, China and Brazil. Vingroup, one of Vietnam’s biggest conglomerates, was seeking to expand into the high-tech sector through the acquisition of the state-of-the-art facilities, improve its global smartphone competitiveness and use the Brazilian and Chinese plants to enter regional markets. But it later reported that the talks were off after Vingroup reportedly asked for too low a price.

Republic ofSouth koreaNguyen xuan phucTran duy dongHoang viet anhNational economics universityCommunications nguyen huy dungSecurities corpMinistry of informationKorea timesPrime minister nguyen xuan phucEconomics universityTran tho datViet anhInvestment tran duy dongLunar new year