Dong Nai nearly achieves annual FDI attraction target
The southern province of Dong Nai attracted 55 new foreign direct investment (FDI) projects and permitted 84 existing projects to add capital in the first nine months of 2017.
Dong Nai (VNA) – Thesouthern province of Dong Nai attracted 55 new foreign direct investment (FDI) projectsand permitted 84 existing projects to add capital in the first nine months of2017, with a total amount of 955.5 million USD, equivalent to 95.5 percent ofthe annual target.
According to the provincialDepartment of Planning and Investment, 339.4 million USD was poured into newprojects and the remaining was added to operational projects.
The province is now home to 1,300valid FDI projects worth 26.27 billion USD by investors from 45 countries andterritories. The leading investors were the Republic of Korea, Taiwan (China)and Japan.
In recent years, Dong Nai has given priority to projectsusing advanced and eco-friendly technologies and fewer workers.-VNA
Dong Nai province has suspended the licensing of construction projects in residential areas around the planned Long Thanh Int'l Airport in an effort to prevent speculation and higher land prices.
The Vietnamese Government and the Japan International Cooperation Agency on August 31st signed an Official Development Assistance (ODA) loan deal worth 24.7 billion yen (224.5 million USD) for a draining and waste water treatment system in Bien Hoa city, the southern province of Dong Nai.
The southern province of Dong Nai enjoyed a trade surplus of nearly 1.4 billion USD in the first eight months of the year, according to the provincial Statistics Office.
The southern province of Dong Nai enjoyed a trade surplus of 1.7 million USD in the first nine months of 2017, according to Director of the provincial Department of Industry and Trade Duong Minh Dung.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
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