Tags Yonhap LG Electronics to move smartphone production to Viet Nam Thursday, Apr 25, 2019 The firm is scheduled to shut the Pyeongtaek plant in the south of Seoul and shift its production line to the northern port city of Hai Phong. Korea shifts investment focus to VN Friday, Nov 23, 2018 South Korean manufacturers have been shifting the focus of their overseas direct investment to Viet Nam from China thanks to tax incentives, cheaper labour and other favourable conditions, Yonhap reported on Thursday.