Vietnam Dealbook: LG builds $1.5b display plant; 34 state-owned cos conduct IPOs

Foreign direct investment and the privatisation of local state-owned companies have been the major engines for Vietnam’s economic reform and growth. The country continues to attract overseas corporations with South Korea’s LG Electronics started another $1.5 billion project in the country. Similarly, in the IPO space , the first four months of 2016 saw 34 state firms being privatised, adding to the number of 222 companies in 2016.