Samyang Foods taps Vietnam for second overseas Buldak plant

Samyang Foods will pour more than 200 billion won ($150 million) into a new plant in Vietnam, diversifying its overseas production alongside its first factory in China to ensure a steady supply of Buldak noodles to markets worldwide. In regulatory filings Wednesday, Samyang said it will spend about 218.6 billion won on the factory in Thuan Thanh, including 131.1 billion won to be injected into a new Vietnamese subsidiary. Samyang will wholly own the subsidiary, tentatively named Samyang Foods Ba

Source: The Korea Herald