Dong Nai’s IPs attract strong FDI inflows
The southern province of Dong Nai has lured 55 FDI projects worth over US$312 million to industrial parks (IPs) in the first eight months of 2013.
The Hanoitimes - The southern province of Dong Nai has lured 55 FDI projects worth over US$312 million to industrial parks (IPs) in the first eight months of 2013.
The amount of FDI inflows was steady in comparison with the same period of the previous years but the number of project nearly doubled.
Especially, it saw an increase in Japanese enterprises coming to Dong Nai. So far this year, Japanese investors made up a half of the number of projects.
To attract more investment, Dong Nai province has reformed administrative procedures, and improved human resources and infrastructure.
So far, Dong Nai is home to 31 IPs that house 1,250 projects including 900 FDI ones with over US$15 billion in investment capital.
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Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years