CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Investment / News
Dong Nai attracts 2.4 bln USD in FDI capital in 11 months
11:45, 2015/12/02
The southern province of Dong Nai attracted nearly 2.4 billion USD of foreign direct investment (FDI) as of November 20, exceeding the yearly target by 1.5 billion USD, according to the province’s Department of Planning and Investment.
The amount includes 1.75 billion USD from 100 new projects and more than 618 million USD added to 86 operational ones. 
Most of the new projects come from Japan and the Republic of Korea (RoK) and have advanced and environmentally-friendly technologies. 
 
Illustrative image
Illustrative image
Many of them operate in the support industry in a bid to increase the supply of locally-made components for the domestic manufacturers.
Chairman of the provincial People’s Committee Dinh Quoc Thai highlighted the effective operation and the expansion of foreign invested projects, including those run by Formosa, Hyosung, Changshin, Pouchen, CP, Mabuchi Motor, Fujitsu, Kenda, and TaeKwang. 
According to Chairman of the Japanese Fujitsu Group Masami Yamamoto, the group has almost tripled its investment in the province, from an initial 78 million USD to 200 million USD, in anticipation of opportunities to be brought by the establishment of the ASEAN Economic Community. 
Officials from the consulates general of Japan, the RoK, Thailand, Italy and Singapore in southern Vietnam said Dong Nai is one of the attractive destinations for investment thanks to its developed infrastructure, especially with the to-be-built Long Thanh international airport. 
As of now, Dong Nai has licensed 1,556 FDI licenced projects, worth a total of nearly 28.4 billion USD. 
Of which 1,189 projects are still valid with a combined capital of nearly 24 billion USD, most of them (1,039) are locate d in industrial parks.
Comments
Other news
12:17, 2025/02/25
Vietnam eyes top 3 in investment environment in ASEAN next 2 years: Party Chief
A key objective is to trim off at least 30% of administrative procedures and cut both business costs and unofficial fees.
18:03, 2025/02/22
Vietnam attracts South Korean tech investment at SEMICON Korea 2025
The event provided a platform for Vietnam to showcase its semiconductor potential and reaffirm its commitment to developing high-tech industries and strengthening international cooperation.
16:46, 2025/02/20
Swedish group plans US$1 billion investment in Binh Dinh recycling plant
By creating a large number of jobs and promoting a green economy, the initiative is important in establishing Vietnam as a global hub for the circular textile sector.
10:52, 2025/02/13
Samsung plans to invest in AI, semiconductors in Vietnam
Vietnam will continue improving its investment environment and driving strategic breakthroughs in order to usher in a new era of economic development.
17:20, 2025/02/07
Vietnam's data center construction costs among the lowest in Asia Pacific
The country has a lot of potential to become one of the most important data markets in the region.
21:05, 2025/02/03
Bright prospects for FDI inflows into Vietnam in 2025
Market size, growth potential, low labor costs, and stable political and social conditions continue to be Vietnam’s selling points in attracting foreign investors.