Illustrative image (Photo: baodautu.vn) Dong Nai (VNA) - The southern province of Dong Nai has remained amagnet for FDI, with major groups from the Republic of Korea, Taiwan (China),Japan, Singapore, and China all pouring capital into the locality.
According to the provincial Department ofPlanning and Investment, Dong Nai has attracted over 1 billion USD in FDI everyyear on average. As of September, it had 1,550 valid FDI projects with totalregistered capital of 30.8 billion USD, from 43 countries and territories.Manufacturing and processing accounted for 84 percent of all capital.
Such figures put Dong Nai among the fourlocalities leading the country in terms of FDI attraction.
Foreign-invested projects are found in all partsof the province, primarily at industrial zones in Bien Hoa city and Long Thanh,Nhon Trach, and Trang Bom districts.
The RoK is the currently the largest foreigninvestor in Dong Nai, with over 6.8 billion USD, followed by Taiwan (China)with 5.4 billion USD, Japan with 4.7 billion USD, and Singapore with 3.4billion USD.
Many groups and enterprises have invested inthe province over the last 30 years, with some selecting it as their firstVietnam destination, such as Hyosung, CP, Amata, Taekwang, and Formosa.
Kawaue Junichi, Japanese Consul General in HCM City,said that, over the last four years, increasing numbers of Japanese enterpriseshave selected Dong Nai as their investment destination, as the locality possessesconvenient transport infrastructure and methodical industrial zones with thenecessary services.
Chairman of the provincial People’s CommitteeCao Tien Dung said that many multinational groups and major enterprises arepresent in Dong Nai, with growing capital and increasing quality, contributingto creating jobs and boosting the incomes of local workers. FDI has also helpedbolster the province’s economic growth.
It continually works on improving itsinvestment climate, creating favourable conditions for enterprises, and holdingregular meetings with them to help them address difficulties relating to taxes,customs, and other matters.
Foreign-invested enterprises account for 62percent of the province’s total industrial production value, while creating 570,000jobs and contributing handsomely to the local budget, Dung added.
He said the province continues giving priorityto investment in high technology.
The southern province is targeting attracting5-6 billion USD in FDI during the 2021-2025 period and about 6-7 billion USDduring 2026-2030.
To that end, it issued a plan to realiseGovernment Resolution No 58/NQ-CP dated April 27 on orientations to fine-tunemechanisms and policies and improve the efficiency of FDI to 2030.
The province will pay the most attention tofurther enhancing administrative reforms, creating favourable conditions forinvestors, and preparing land for industrial parks./.
According to the provincial Department ofPlanning and Investment, Dong Nai has attracted over 1 billion USD in FDI everyyear on average. As of September, it had 1,550 valid FDI projects with totalregistered capital of 30.8 billion USD, from 43 countries and territories.Manufacturing and processing accounted for 84 percent of all capital.
Such figures put Dong Nai among the fourlocalities leading the country in terms of FDI attraction.
Foreign-invested projects are found in all partsof the province, primarily at industrial zones in Bien Hoa city and Long Thanh,Nhon Trach, and Trang Bom districts.
The RoK is the currently the largest foreigninvestor in Dong Nai, with over 6.8 billion USD, followed by Taiwan (China)with 5.4 billion USD, Japan with 4.7 billion USD, and Singapore with 3.4billion USD.
Many groups and enterprises have invested inthe province over the last 30 years, with some selecting it as their firstVietnam destination, such as Hyosung, CP, Amata, Taekwang, and Formosa.
Kawaue Junichi, Japanese Consul General in HCM City,said that, over the last four years, increasing numbers of Japanese enterpriseshave selected Dong Nai as their investment destination, as the locality possessesconvenient transport infrastructure and methodical industrial zones with thenecessary services.
Chairman of the provincial People’s CommitteeCao Tien Dung said that many multinational groups and major enterprises arepresent in Dong Nai, with growing capital and increasing quality, contributingto creating jobs and boosting the incomes of local workers. FDI has also helpedbolster the province’s economic growth.
It continually works on improving itsinvestment climate, creating favourable conditions for enterprises, and holdingregular meetings with them to help them address difficulties relating to taxes,customs, and other matters.
Foreign-invested enterprises account for 62percent of the province’s total industrial production value, while creating 570,000jobs and contributing handsomely to the local budget, Dung added.
He said the province continues giving priorityto investment in high technology.
The southern province is targeting attracting5-6 billion USD in FDI during the 2021-2025 period and about 6-7 billion USDduring 2026-2030.
To that end, it issued a plan to realiseGovernment Resolution No 58/NQ-CP dated April 27 on orientations to fine-tunemechanisms and policies and improve the efficiency of FDI to 2030.
The province will pay the most attention tofurther enhancing administrative reforms, creating favourable conditions forinvestors, and preparing land for industrial parks./.
VNA
