Dong Nai lures over 62 million USD of FDI in January
The southern province of Dong Nai has licenced seven foreign direct investment (FDI) projects in January with total capital of 62.1 million USD, up 50 percent from the same period last year.
Illustrative image (Source: VNA)Dong Nai (VNA) – The southern province of Dong Nai has licenced seven foreign direct investment (FDI) projects in January with total capital of 62.1 million USD, up 50 percent from the same period last year.
According to the Department of Planning and Investment, among the projects, four are new, with combined investment of 22.7 million USD. Meanwhile, 39.5 million USD is injected into three underway projects.
The projects are in the support industry and friendly to the environment, and apply high technology.
Major projects are August Sport Company, a branch of the All Wells International – British Virgin Islands in Tam Phuoc industrial park of Long Thanh district with investment of 5 million USD, and the 2-million-USD Vietnam Global Production Company under the Jacon Investment Holdings Pte Limited of Singapore in Nhon Trach 2 industrial park, Nhon Phu district.
The department said that Dong Nai has so far hosted 1,754 FDI projects worth 31.9 billion USD, including 1,294 valid projects totaling 26.9 billion USD, and 460 revoked projects with investment of 5 billion USD. The projects are invested by investors from 45 countries and territories. The Republic of Korea, Taiwan (China) and Japan are leading the investors. - VNA
You should also see
Youths' efforts yield socio-economic fruits
Many activities were carried out across the nation during the Vietnam’s Youth Month, an annual festivity taking place in March to celebrate the establishment of the Ho Chi Minh Communist Youth Union (HCYU), contributing to the nation’s socio-economic development, heard a conference held by the union's Central Committee in Hanoi on April 23.
See more
Business
Businesses concerned about rising exchange rate pressure
Though the State Bank of Vietnam (SBV) has announced it is selling the US dollar to intervene in the USD/VND exchange rate since April 19, the greenback price has remained high, which has been directly affecting many domestic enterprises.
Business
Pepper prices continue increase trend
Pepper prices are forecast to soon exceed 100,000 VND per kilo on the domestic market.
Business
French auction house to open office in Vietnam
France’s Millon Auction House has decided to open its representative office in Vietnam, and is preparing necessary steps for the official opening of the office in the near future.
Business
3,400 taels of SJC-branded gold bars successfully auctioned
The State Bank of Vietnam auctioned 16,800 taels of SJC-branded gold bars in Hanoi on April 23. This is the first auction of this kind in 11 years.
Business
HCM City seeks to draw remittances in infrastructure
A seminar aimed at channeling overseas remittances into infrastructure took place in Ho Chi Minh City on April 23, given that remittances to the city reached 9.46 billion USD in 2023, nearly three times higher than foreign direct investment (FDI), according to official statistics.
