“Industrial hub” – a national economic growth pole

Dong Nai has long been known as the country’s dynamic industrial development "capital." With dozens of industrial parks (IPs) currently in operation, Dong Nai plans to develop many more IPs, focusing on attracting high-tech industries aligned with future trends.

A corner of Bien Hoa 2 Industrial Park. Photo: Vuong The

"Capital" of industrial park development

Dong Nai is the first locality in the country to develop the IP model, pioneered by Bien Hoa 1 IP, economic zone, and high-tech zone since the 1960s. Bien Hoa 1 IP has completed its glorious historical mission and is gradually being transformed and developed into a large-scale administrative, commercial, and service area of the country.

Drawing on the experience of developing Bien Hoa 1 IP, Dong Nai steadily expanded its industrial park network and gradually became one of Vietnam’s IP "capitals." By 2025, the province had 83 planned IPs covering more than 39,000 hectares, with 59 already established and 43 in operation. Many of the later-developed IPs offer large land reserves and relatively convenient transport connections, creating favorable conditions for attracting investment.

Most recently, on December 19, 2025, KN Holdings Group simultaneously launched two projects: Bau Can - Tan Hiep IP and Xuan Que - Song Nhan IP. Bau Can - Tan Hiep IP is being developed as a new-generation industrial city model, with Phase 1 spanning approximately 1,000 hectares and a total investment nearing 10.5 trillion VND. The project is located at the southern gateway of Long Thanh International Airport and enjoys strong connectivity to major transport routes, including the Bien Hoa - Vung Tau Expressway, National Highway 51, Ring Road 3 of Ho Chi Minh City, and the Cai Mep - Thi Vai deep-water port system. Bau Can - Tan Hiep IP aims to attract 15-20 billion USD in foreign direct investment (FDI) over the 2026–2030 period.

Xuan Que - Song Nhan IP is strategically located at the intersection of the Dau Giay - Phan Thiet Expressway and Provincial Road 770B, connecting directly to Long Thanh Airport via Provincial Road 769E and Ring Road 4 of Ho Chi Minh City. When operational, this IP is expected to attract about 12.7 billion USD in FDI and create jobs for tens of thousands of local workers.

Not only in areas with many advantages and a history of development, but also in the northern region (formerly Binh Phuoc) of Dong Nai, despite a lower starting point, has invested in synchronous IP infrastructure for more than 10 years.

Huynh Thanh Chung, General Director of Hai Vuong Production, Construction, Trade and Agriculture Joint Stock Company, the investor of Minh Hung - Sikico IP (located in Tan Khai commune), said the IP covers more than 655 hectares and has an occupancy rate of over 60%. It has attracted nearly 1.5 billion USD in investment, the majority of which comes from FDI enterprises. The IP has essentially completed its technical infrastructure, with an ecological orientation, and continues to attract investment in light industry, modern technology, and environmentally friendly projects.

According to experts, Dong Nai's advantage is its proximity to Ho Chi Minh City. In terms of development, Dong Nai and Ho Chi Minh City have some similarities but also their own advantages. Dong Nai needs to calculate based on its advantages, seeking a complementary model with Ho Chi Minh City to create a modern industrial ecosystem.

Strong attraction for foreign investors

Since the early 1990s, Dong Nai has stood out as an attractive destination for FDI, with steadily rising investment. After the 8th National Assembly enacted the Law on Foreign Investment at the end of 1987, the province actively called for and supported both domestic and foreign enterprises to invest in Dong Nai. In 1991, Dong Nai successfully promoted investment cooperation with Taiwanese investors under the name Dong Nai - Taiwan Association, opening a new investment pathway for the province. One notable example is Vedan Vietnam Enterprise Corp., Ltd., which invested in Dong Nai in 1991, right after the country opened its doors. After more than 30 years of development, Vedan has affirmed its position as a leading “made in Vietnam” brand, closely associated with millions of Vietnamese kitchens as it spreads the delicious taste of its dishes.

Over time, the province developed major industrial parks, such as Bien Hoa 1, Bien Hoa 2, and Amata City Bien Hoa Industrial Park, to attract FDI. Growing FDI capital has become a vital resource, helping to address labor and employment challenges while contributing to the province’s socio-economic development. Notably, 2005 marked the first year Dong Nai attracted over 1 billion USD in FDI, raising the total number of active FDI projects to 707, with registered capital exceeding 8 billion USD.

Since early 2005, Dong Nai’s FDI attraction has consistently remained high, ranking among the top in the country. In recent years, annual FDI inflows have hovered around 2 billion USD. In 2025 alone, the province drew over 3.3 billion USD in FDI, highlighting its strong appeal to foreign investors.

Provincial leaders and delegates press the button to launch Bau Can - Tan Hiep Industrial Park, which is expected to attract industries such as semiconductor equipment manufacturing, chip production, electronic components, and aviation support industries. Photo: Vuong The

Brendan Sunderland, Vice President and Technical Director of Bosch Vietnam Plant, Long Thanh Industrial Park, affirmed that after many years of investing in both Vietnam and Dong Nai, Bosch Group has consistently prioritized safe production, green manufacturing, and emissions reduction. Bosch is also among the leading enterprises in applying high technology in Dong Nai. The company is committed to continuing its cooperation and contribution to the development of digitalization, sustainability, and advanced manufacturing in the locality, as well as to ongoing innovation and support for the aspirations of the local community.

Dong Nai's advantages in attracting investment, developing industrial parks, and industry are clear. The province has extensive experience in attracting secondary projects, in which shifting investment attraction and selecting modern industries are mandatory conditions for projects interested in Dong Nai, especially in newly established industrial parks.

Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee Nguyen Van Ut, affirmed that investment opportunities in the locality are always open to businesses. What matters is the specific sectors that enterprises and investors are interested in developing in Dong Nai. When projects align with the goal of modern industrial development, focusing on high-tech industries and future-oriented technologies, the province stands ready to create favorable conditions and provide support to accelerate project implementation and operation, thereby contributing to enhancing the locality’s competitiveness.

By Vuong The – Translated by Mai Nga, Minho