A garment-textile firm in Dong Nai province (Photo VNA)

Dong Na​i (VNA) –
The southern province of Dong Nai has licensed eight foreign direct investment (FDI) projects worth 31.7 million USD and one domestic project worth 200 billion VND (8.8 million USD).

According to the management board of industrial parks, nine existing FDI projects were permitted to increase their capital by 115.4 million USD.

The newly-licensed projects included footwear projects invested by August Sport Co., Ltd. with total investment of 15 million USD and DY Boiler Vina Co., Ltd. with total investment of 7 million USD.

HENKEL Adhesive Technologies Co., Ltd. and Inzi Vina Co., Ltd registered to increase their capital by over 19 million USD and 18 million USD, respectively.

Newly-licensed and increased capital projects focus on mechanic industry, electronics, garment-textiles, and footwear.

So far, Dong Nai has been attracting nearly 32 billion USD in FDI with 1,300 valid projects invested by firms from 45 countries and territories. The top investors are the Republic of Korea, Taiwan and Japan.-VNA