The southern province of Dong Nai attracted 448 million USD of foreign direct investment (FDI) in the first three months of this year, an increase of 311 percent against the same period last year.
Dong Nai (VNA) – The southern province of Dong Nai attracted 448 million USD of foreign direct investment (FDI) in the first three months of thiꦚs year, an increase of 311 percent against th🥀e same period last year and accounting for 48.8 percent of the yearly plan.
Of the figure, over 190.5 million USD was registered to 21 new projects and the remaining 297.4 million USD went into 21 existing projects, according to the provincial Department of Industry and Trade.
Notable projects in the quarter included a carton manufacturing plant worth 24 million USD under Japan ’s Ssang Jung Vina and a machinery factory with registered capital of 26 million USD from Japan ’s Samshin Vina company.
Meanwhil🍎e, the British Virgin Islands’ Shing Mark Vina and the Republic of Korea ’s Dong-il Vietnam added 100 million USD and 51 million USD to their projects, respectively.
Dong Nai is now home to 1,577 FDI projects worth over 28.3 billion USD with 1,208 projects remaining active with 23.79 billion USD and 369 others revoked with 4.52 billion USD.
The projects are from 43 countr🧸ies and territories, lead by Chinese taiwan , followed by the Republic of Korea and Japan.-VNA
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.
The southern province of Dong Nai has topped the country in attracting foreign direct investment in the first two months of 2016, said the provincial Industrial Zones Authority (DIZA).
A meeting to share opportunities and address challenges in business processes was opened in the southern province of Dong Nai on March 10 with the participation of over 300 enterprises.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.