The southern province of Dong Nai has so far licensed 60 new foreign investment projects valued at 315 million USD, said head of provincial office department Nguyen Luc Hoa.

Japan, biggest investor, has invested in 28 new projects worth of 210 million USD, accounting for 57 percent of the province’s total foreign investment.

This year, Dong Nai has boosted its trade promotions in Japan and Taiwan (China) and received many foreign businesses seeking investment opportunities in the province.

In 2013, Dong Nai has assisted 19 its local businesses to participate in trade fairs in Laos, Germany and other countries, attracting 300,000 international visitors and earning over 300 million VND (14,100 USD), according to the Provincial Department of Industry and Trade.

The province has also held five business exhibitions, seven employment forums for workers and 28 stalls to sell Vietnamese products for consumers in order to reduce inventories and expand cooperative opportunities among local businesses.

Dong Nai plans to carry out more investment promotion activities in Japan, Taiwan (China) and the Republic of Korea in 2014. The provincial authority has encouraged local businesses to promote their images and investment incentives to attract more foreign investors. To identify its core export markets, the provincial authority has highlighted that investment promotion and trade promotion should be treated equally.-VNA