Business

Dong Nai attracts almost 1.3 billion USD in FDI

The southern province of Dong Nai’s Department of Planning and Investment recorded total foreign direct investments (FDI) of approximately 1.3 billion USD over the last 10 months.
The southern province of Dong Nai’s Department of Planning andInvestment recorded total foreign direct investments (FDI) ofapproximately 1.3 billion USD over the last 10 months.

Duringthe 10-month period, 66 new projects were registered worth 550 millionUSD. Furthermore, over 725 million USD was added to the capital of 65existing projects.

Meanwhile, the province revoked the licences of 11 foreign-funded projects worth nearly 96 million USD.

Dong Nai’s new FDI projects this year predominantly target the support and manufacturing industries.

In total, 1,448 FDI projects have been licensed in Dong Naiprovince, with 1,123 projects still considered valid with a totalcapital of 21.1 billion USD.

The southern provinces of Dong Naiand Binh Duong, together with Ho Chi Minh City, are amongst the mostattractive destinations for FDI in Vietnam.-VNA
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