Dong Nai draws almost 156 million USD in FDI in Jan-Feb
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).
A garment-textile firm in Dong Nai province (Photo VNA)Dong Nai (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
You should also see
Prime Minister pays tribute to legendary founders of Vietnam
Prime Minister Pham Minh Chinh and other officials offered incense in commemoration of the Hung Kings, the legendary founders of Vietnam, at Kinh Thien Palace on Nghia Linh Mountain in Viet Tri city, the northern province of Phu Tho, on April 18 (the 10th day of the third lunar month).
See more
Business
Beautycare Expo 2024 opens in Hanoi
The Beautycare Expo 2024 kicked off Hanoi on April 18, featuring over 250 booths from more than 15 countries and territories.
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
Business
Overseas remittances to HCM City record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Business
Thu Duc city seeks investment in 11 PPP projects
Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
