Business

Dong Nai licenses multi-million USD wood-making projects

Investment certificates were granted to two Taiwanese-invested companies with wooden manufacturing projects worth 65 million USD in the southern province of Dong Nai on March 4.
Dong Nai licenses multi-million USD wood-making projects ảnh 1The licenses were granted on March 4 (Source:VNA)

Dong Nai (VNA) - Investment certificates were granted to two Taiwanese-invested companies with wooden manufacturing projects worth 65 million USD in the southern province of Dong Nai on March 4.

Accordingly, the Great Kingdom Giang Dien company, a subsidiary of the Great Veca company from Taiwan ( China ), will spend 50 million USD on a wood-making project in Giang Dien Industrial Park in Trang Bom district.

The company’s representatives said that the project will become operational in April, 2018 with an annual capacity of 2.5 million products, employing about 4,000 workers.

Meanwhile, the other license was given to the Great Kingdom International Corporation Bien Hoa company, in Bien Hoa 1 Industrial Park, to add an investment capital worth 15 million USD.

Since the beginning of the year, Dong Nai has attracted 476 million USD in foreign direct investment, according to Chairman of the provincial People’s Committee Dinh Quoc Thai.-VNA

VNA
#Investment certificates #wooden manufacturing project #Great Kingdom Giang Dien #Giang Dien Industrial Park #foreign direct investment Dong Nai
Follow VietnamPlus

Related News

Dong Nai sees increasing FDI inflow

Dong Nai sees increasing FDI inflow

The southern province of Dong Nai has welcomed 440 million USD in foreign direct investment (FDI) and 30 billion VND (1.34 million USD) from domestic investors so far this year.

See more

Furusawa Yasuyuki, General Director of AEON Vietnam Company Limited, speaks at a meeting with Can Tho city's leaders. (Photo: VNA)

Can Tho creates enabling environment to attract Japanese investors

The Mekong Delta city of Can Tho is committed to creating the best possible conditions for Japanese companies to study, invest and develop projects, Standing Vice Chairman of the municipal People’s Commitee Duong Tan Hien said at a January 20 meeting with representatives from the Japanese Embassy and businesses in Vietnam.

Representatives of the Vietnamese Ministry of Industry and Trade and the Office of the US Trade Representative sign an agreement regarding anti-dumping on Vietnamese fish fillets on January 20 (Photo: moit.gov.vn)

US anti-dumping duty removed from Vietnamese fish fillets

A bilateral agreement between the Vietnamese and US Governments regarding anti-dumping duties on Vietnamese fish fillets was signed on January 20, marking the end of relevant disputes in Case DS536 at the World Trade Organisation (WTO).

The red carps for the ritual remain reasonably priced at 25,000-75,000 VND for three fish, depending on sizes. (Photo: VNA)

Hanoi markets bustle as residents prepare for Kitchen Gods’ Day

Markets across the capital city of Hanoi are teeming with fresh produce and traditional offerings as locals are preparing to bid farewell to the ong Cong (Land Genie) and ong Tao (Kitchen Gods) to the heaven, an important precursor to the Tet (Lunar New Year) celebrations.

Illustrative image (Photo: cafef.vn)

Banks step up capital mobilisation policies

Many banks have promoted capital mobilisation policies right from the beginning of 2025 to improve financial strength and meet the credit demand that is forecast to increase sharply this year.

Illustrative image (Photo: VinFast)

VinFast officially enters India market, unveils two EVs

Vietnamese electric vehicle manufacturer VinFast has unveiled two all-electric B-segment and C-segment SUVs, VF6 and VF 7, that will be sold in the Indian market within the framework of the Bharat Mobility Global Expo 2025 on January 18.

WEF’s Head of Regional Agenda for Asia-Pacific Joo-Ok Lee. (Photo: VNA)

WEF expert believes in Vietnam’s new era

As the world transitions into a new era, Vietnam is emerging as a key player in multilateral cooperation mechanisms and a beacon of growth and development, said the World Economic Forum (WEF)’s Head of Regional Agenda for Asia-Pacific Joo-Ok Lee.

VinFast's green bus fleet is ready to supply to three transport companies. (Photo: VNA)

VinFast launches new e-bus model

VinFast, a leading Vietnamese electric vehicle manufacturer, on January 17 launched a new electric bus model with the capacity to carry up to 60 passengers.