Dong Nai ranks third in FDI attraction

03:08, 20/08/2015

(ĐN)- Dong Nai has lured US$1.1 billion of direct foreign investment (FDI) so far this year, ranking third among provinces and cities in Vietnam.

(ĐN)- Dong Nai has lured US$1.1 billion of direct foreign investment (FDI) so far this year, ranking third among provinces and cities in Vietnam.

The province’s FDI attraction ranked third after HCM city (US$2.42 billion) and Binh Duong province (US$1.11 billion).

Notably, Hyosung Dong Nai Co., a subsidiary of the Republic of Korea (RoK)’s  Hyosung Corporation, has poured US$660 million into its fibre production plant in Nhon Trach 5 Industrial Zone.

To achieve such outcome, Dong Nai has regularly streamlined its administrative procedures and well performed the “one-door” mechanism.

Meanwhile, the Dong Nai Industrial Zones Authority has renovated investment promotion activities, organized meetings to call for investment both at home and abroad.

Reported by K.N