South Korean drink, brewing and distillery firm HiteJinro, a leading producer of soju, has spent VND191.3 billion ($7.8 million) on leasing 8.2 hectares for a project in Vietnam’s northern province of Thai Binh.
The Ministry of Natural Resources and Environment s inspectorate agency has issued a fine of nearly VND500 million ($20,350) to Taiwan-invested footwear firm George Glory (Vietnam) International Corporation.
Foreign investment funds are maintaining a keen interest in Vietnam’s consumer sector, underscoring its sustained allure for the booming consumer class.