Dong Nai: Investors eye industrial parks beyond centre
Industrial parks located in mountainous areas or far from downtown Dong Nai province have caught eyes of more investors since early 2016 thanks to local efforts to develop transport infrastructure.
An industrial park in southern Dong Nai province. (Photo: baomoi.com)
Dong Nai(VNA) – Industrial parks located in mountainous areas or far from downtown DongNai province have caught eyes of more investors since early 2016 thanks to localefforts to develop transport infrastructure.
According to the DongNai Industrial Zones Authority (DIZA), Long Khanh Industrial Park in Long Khanhtown welcomed 43 projects, worth more than 100 million USD since the beginningof last year while over 80 million USD from 11 projects landed in Nhon TrachIII Industrial Park in Nhon Trach district. Four investment projects bumpedmore than 130 million USD into Dau Giay Industrial Park in Thong Nhat district.
It was estimated thatthe money poured in these IPs in combine accounted for over 40 percent of thetotal newly-registered investment of the province.
DIZA deputy head MaiVan Nhon said all the three parks are situated far from Bien Hoa city of thesouthern province. The locations seemed to make them less attractive thanothers as only few businesses, mostly in textile and footwear, settled there inthe past.
Roughly 30 percent ofland in Long Khanh Industrial Park was leased to ten investors in 2015, sevenyears after the park was rolled out in 2008. But thing has changed, theindustrial park has seen a dramatic rise in leasing applications over the lastyear, leading to a demand for more land. The province has proposed thegovernment to expand the estate by 200 hectares, added to the existing area of 180hectare, Nhon said.
He noted fastinfrastructure development that has made the IPs more accessible by roads isthe main reason behind that. Additionally, Bien Hoa city, Trang Bom and LongThanh districts where industries were earlier developed have become short ofworker supply so that investors had to turn their head to other areas withlarger labour pool.
Dong Nai currentlyhosts 32 industrial parks, covering a total area of 10,240 hectares, of whichapproximately 4,900 hectares, or over 71 percent, have been leased.
By the end of 2016, the province had 1,253 valid foreign investedprojects with total registered capital of 25.7 billion USD, with the Republicof Korea, Taiwan (China) and Japan being the largest investors.-VNA
Companies in the southern province of Dong Nai need to find more than 30,000 new employees by the end of next month to make up for the shortage caused by the post-Tet staff turnover, according to the local Department of Labour, Invalids and Social Affairs.
Around 700 local private enterprises, including newly-established ones, in the southern province of Dong Nai have so far this year registered a combined capital of 10.7 trillion VND (480 million USD).
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
An industrial park in southern Dong Nai province. (Photo: baomoi.com) 
