Authorities of Dong Nai present merit certificates to FDI firms with outstanding business performance at the meeting on March 1 (Photo: VNA) Dong Nai (VNA) – Authorities of the southernprovince of Dong Nai have held a meeting with foreign invested businesses tohelp address difficulties facing their operations.
Vice Chairman of the provincial People’sCommittee Tran Van Vinh said foreign invested enterprises are an importanteconomic element helping with local development.
The number of valid foreign direct investment(FDI) projects in Dong Nai has surpassed 1,400 with total registered capital of28.73 billion USD from 45 countries and territories. The biggest investors arethe Republic of Korea (RoK), Taiwan (China) and Japan.
In 2018, Dong Nai surpassed its investmentattraction and trade revenue targets, he noted, adding that FDI firms poured1.92 billion USD into the province last year, and they contributed to over 43percent of its gross regional domestic product.
At the meeting on March 1, Ahn Seong-ho,Commercial Counsellor at the RoK Consulate General in Ho Chi Minh City, saidthat Korean businesses have invested 63 billion USD into Vietnam so far. Thatincludes over 7 billion USD poured into Dong Nai, making this province a majordestination of the FDI flow from the RoK.
He noted that with an increasingly openinvestment attraction policy, the local administration has made efforts tocreate optimal conditions for businesses and remove obstacles facing them, thusfacilitating their operations.
Vinh said local authorities pledge to be acompanion to businesses. They always consider difficulties of businesses astheir own so as to address those problems and help with firms’ development.
Dong Nai is part of Vietnam’s southern keyeconomic region, which also covers Ho Chi Minh City and the provinces of TayNinh, Binh Phuoc, Binh Duong, Ba Ria-Vung Tau, Long An and Tien Giang.-VNA
VNA
