Korea
Korea’s SK Innovation to build 1,500 MW power plant in Vietnam to support AI data center
South Korea's SK Innovation plans to develop a 1,500 MW LNG-fired power plant in Vietnam, partly to electrify a AI data center, highlighting the growing link between energy infrastructure and digital development.
Vietnam, South Korea launch cross-border QR payment service
Bank for Investment and Development of Vietnam (BIDV), Vietnam National Payment Corporation (NAPAS), and South Korea's KEB Hana Bank and GLN International, launched a cross-border QR code payment service connecting Vietnam and South Korea on Thursday.
Korea’s POSCO Future M to invest $400M in battery materials plant in Vietnam
POSCO Future M will invest at least $400 million in Song Cong 2 Industrial Park in Thai Nguyen province, northern Vietnam, in order to build its first large-scale battery materials manufacturing facility in Vietnam.
Australia’s Lynas, Korea’s LS Eco Energy to jointly product rare earth metals in Vietnam
South Korea's LS Eco Energy, under South Korea's giant LS Cable & System, in a cooperation with Australia's Lynas Rare Earth, will build a rare earth metal factory in Vietnam, the Australian firm announced Thursday.
Korea’s POSCO International targets $230M rare earth supply from Southeast Asia with venture capital push
South Korea's POSCO International is targeting an annual rare earth supply of $230 million from Southeast Asia, as it accelerates efforts to build a stable global supply chain for heavy rare earth elements critical to electric vehicle (EV) traction motors.
Korea’s POSCO Future M to invests $270M in battery materials plant in Vietnam
South Korea's POSCO Future M plans to invest KRW357 billion ($270 million) in building a new factory plant in Vietnam's Thai Nguyen province, to produce artificial graphite anode materials used in batteries.
