Dong Nai attracts 483 million USD in FDI so far
The southern province of Dong Nai has attracted nearly 483 million USD in foreign direct investment (FDI) so far this year, funding 26 new and 38 existing projects.
Illustrative image (Source: VNA) The FDI mostly came from Asian countries, including the Republic of Korea, Japan and Singapore. Some projects came from the British Virgin Islands and Germany.
Notably, Pou Phong Vietnam Ltd.
invested in a 55 million USD project, while Powerknit Vietnam Ltd. launched a
60 million USD project, both coming from the British Virgin Islands. Long Thai
Tu fabric company from the Republic of Korea added more than 50 million USD to
its ongoing project in the province.
The Department said that all the projects are in high technology and the supporting industry, using few labourers and causing no environmental damage.
Dong Nai is now home to 1,692 projects with total investment of 30.78 billion USD, including 1,275 valid projects worth 25.94 billion USD.
The FDI projects’ investors are from 45 countries and territories, mostly the Republic of Korea, Taiwan (China) and Japan.
Meanwhile, 15 domestic-funded projects have been licenced so far this year with total investment of 6.92 trillion VND (3.04 billion USD). At the same time, 604 billion VND (28.2 million USD) was injected into five underway projects.-VNA
The Department said that all the projects are in high technology and the supporting industry, using few labourers and causing no environmental damage.
Dong Nai is now home to 1,692 projects with total investment of 30.78 billion USD, including 1,275 valid projects worth 25.94 billion USD.
The FDI projects’ investors are from 45 countries and territories, mostly the Republic of Korea, Taiwan (China) and Japan.
Meanwhile, 15 domestic-funded projects have been licenced so far this year with total investment of 6.92 trillion VND (3.04 billion USD). At the same time, 604 billion VND (28.2 million USD) was injected into five underway projects.-VNA
You should also see
Lang Son province seeks global status for local geopark
A dossier has been built by the People’s Committee of the northern mountainous province of Lang Son to seek the UNESCO recognition of Lang Son Geopark as a global one.
See more
Videos
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
Business
Forum discusses support for women-owned firms to join supply chains
A forum on supporting women-owned businesses to join supply chains through sustainable development tools took place in Hanoi on April 17.
Business
Satisfaction of administrative services improves
Vietnamese citizens had greater satisfaction with the administrative services provided by State agencies last year, according to the Satisfaction Index of Public Administration Services (SIPAS) 2023 announced by the Ministry of Home Affairs (MoHA) on April 17.
Business
Petrol prices increase slightly on April 17
The retail prices of petrol were adjusted up from 3pm on April 17 by the Ministry of Industry and Trade and the Ministry of Finance.
Business
Central Highlands provinces seek closer trade, investment ties with India
A business and investment conference was held in Dak Lak province’s Buon Ma Thuot city on April 17 with the aim of enhancing connectivity between Indian firms and Central Highlands provinces.
