Dong Nai courts investment from major Thai businesses

The working session between Vo Tan Duc, Deputy Secretary of the Dong Nai Provincial Party Committee and Chairman of the Provincial People's Committee, and the Thai Embassy in Vietnam on the morning of November 3. Photo: Ngoc Lien

In her remarks, Ambassador Urawadee identified Dong Nai as one of Vietnam's leading provinces in economic development. She highlighted Vietnam and Thailand’s shared strategic vision on sustainable economic development, focusing on high-technology applications across both industrial and agricultural sectors.

Chairman Vo Tan Duc presents a commemorative gift to the Ambassador of Thailand to Vietnam. Photo: Ngoc Lien

According to Ambassador Urawadee Sriphiromya, after 30 years of diplomatic relations, the senior leadership of the two countries have recently agreed to elevate their relationship to a comprehensive strategic partnership. This is an important milestone in diplomacy and development cooperation between the two nations. The Ambassador expressed her expectation that Dong Nai will make substantial contributions to this important milestone.

She also noted that Dong Nai has recently attracted investment from a number of large Thai corporations and enterprises. In particular, the Amata Corporation (in Amata Industrial Park, Long Binh ward) invested in industrial zone and urban area infrastructure, the C.P. Group (in Bien Hoa 2 Industrial Park, Long Binh ward) in animal husbandry, and the Super Energy Corporation PCL (in Loc Tan commune) in solar power projects.

Leaders of Dong Nai provincial departments and agencies attend the working session with the Ambassador of Thailand to Vietnam. Photo: Ngoc Lien

A significant future advantage, according to the Ambassador, is the Long Thanh International Airport. Its impending operational debut is expected to enhance direct flight connectivity, offering a compelling incentive for continued Thai investment in the years ahead.

Amata Group Chairman Vikrom Kromadit (second from right) speaks about investment opportunities in Dong Nai during the working session. Photo: Ngoc Lien

In response, Chairman Vo Tan Duc outlined the province's strategic advantages: a location roughly 30 kilometers from central Ho Chi Minh City and 40 kilometers from the seaport cluster of Thi Vai-Cai Mep. He confirmed that the first phase of Long Thanh International Airport is on track for completion in early 2026, a project slated to catalyze growth not only for Dong Nai, but for the entire Southern Key Economic Region.

After 30 years since initiating a push for international cooperation in 1995, Dong Nai has signed 88 Memoranda of Understanding (MOUs) at the provincial level with partners in 17 countries and territories worldwide, 27 of which remain active.

Dong Nai provincial leaders pose for a group photo with the delegation from the Royal Thai Embassy and Thai enterprises following their working session. Photo: Ngoc Lien The province currently hosts foreign investment from 50 countries and territories, with over 2,000 projects and a total registered capital of nearly $42 billion. Thailand ranks as a pivotal partner, with 50 projects accounting for approximately $1.7 billion in registered investment. The Chairman commended Thai enterprises for their substantial contributions to the local socio-economy. He expressed hope that the meeting would provide the Thai delegation and businesses with more insights on Dong Nai and a clearer basis for forging new cooperative ventures between Dong Nai and Thai partners. He further expressed his hope that the Royal Thai Embassy would continue to act as an effective bridge, facilitating Thai businesses’ market research and investments in Dong Nai. Guided by its core principle of a "government that walks hand-in-hand with business," Dong Nai province reaffirmed its commitment to streamlining the investment landscape and providing a facilitative environment for all foreign investors and their commercial ventures. The ultimate shared goal, he concluded, is the pursuit of sustainable, effective, and long-term development for all parties involved.                                Ngoc Lien – Translated by Thien Kim, Thu Ha