The foreign direct investment (FDI) influx into the southern industrial hub of Dong Nai in the first six months of this year was equivalent to 138% of the locality’s plan for the whole year.
Dong Nai Province will seek investment for 36 projects across five key sectors of transportation infrastructure, industry, services, urban development and socio-cultural-political affairs.
Dong Nai authorities have issued a plan to develop a roadmap for relocating enterprises and manufacturing facilities into industrial parks and clusters within the province.
All factories from Bien Hoa 1 Industrial Park will be relocated in two phases, with the first phase set to conclude by December 2024 and the second phase by December 2025, according to local media reports.
The Ministry of Transport has proposed the Prime Minister that the State-owned Airports Corporation of Vietnam (ACV) be in charge of drawing up plans for the next phase of the Long Thanh International Airport project.
SK Ecoplant Co, an energy and environmental solutions provider from the Republic of Korea (RoK), said last week that it has completed the installation of rooftop solar panels at Samil Vina plant in Dong Nai province.
Dong Nai Province has written the National Assembly Standing Committee proposing using soil removed from the zoning area for phase two of Long Thanh International Airport for building the foundation of the Bien Hoa-Vung Tau Expressway that passes through the southern province.
The Ministry of Transport has proposed the Prime Minister that the State-owned Airports Corporation of Vietnam (ACV) be in charge of drawing up plans for the next phase of the Long Thanh International Airport project.
Dong Nai province, an industrial hub in the southern region, has set up the Japan Desk at the headquarters of the Dong Nai Industrial Zones Authority to assist Japanese investors operating here.
Dong Nai province aims to become one of Vietnam's three largest economic centres, after Hanoi and Ho Chi Minh City, according to the province's development goals for 2030.
Industrial parks in Dong Nai province continued to see a strong influx of foreign direct investment (FDI) in the first months of this year, which has surpassed the yearly target by nearly 20%.
The real estate market in southern provinces and cities in the first months of 2024 grew, with land, low-cost housing and apartments seeing higher demand.
Dong Nai province, a foreign direct investment (FDI) magnet in southern Vietnam, enjoyed a trade surplus of 2.4 billion USD in the first four months of 2024, according to the provincial Statistics Office.
Dong Nai and the Republic of Korea (RoK)’s Gyeongnam province signed a series of agreements on May 2 to deepen collaboration in labour and human resources training.