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Samyang Foods is investing 218.6 billion won (about $150 million) to build a production factory in Vietnam, its second overseas production base after the China Jaxing plant, which is set to be completed next month. The new factory, to be built in Bac Ninh, will be used to target both European and Southeast Asian markets and to expand production capacity in response to global demand. Yonhap reports that Samyang Foods will contribute about 131.1 billion won to the Vietnamese entity, Samyang Foods Bac Ninh, with completion scheduled for 2029. The investment is also aimed at diversifying tariff risks in a single region. Korean media, including Maeil Business Newspaper and Chosun Ilbo, report the move as part of Samyang's global ramen territory expansion, following its record third-quarter sales of 791.8 billion won and operating profit of 196.2 billion won.