Dong Nai targets VND18.8 trillion in budget revenue from FDI firms

In 2026, Dong Nai province targets VND 18.8 trillion in state budget revenue from foreign direct investment (FDI) enterprises, accounting for nearly 19% of the province’s total projected state budget revenue of VND 100.4 trillion.

Production activities at Vietnam Precision Industrial JSC in Ho Nai Industrial Park (IP), Ho Nai ward. Photo: Ngoc Lien

For many years, revenue from FDI enterprises has been one of the province’s key and stable sources of revenue. Beyond their financial contributions, FDI enterprises have also played a significant role in the socio-economic development of the locality.

Creating favorable conditions for enterprises

In 2025, thanks to the close attention, strong direction, and decisive administration of provincial leaders, together with the coordinated engagement of the entire political system in implementing solutions to improve the investment environment and promptly resolve difficulties and bottlenecks for businesses, especially FDI enterprises operating in the province, Dong Nai achieved many impressive results in socio-economic development.

In the area of state budget revenue, many FDI enterprises made major contributions, including several companies that the Ministry of Finance commended, as well as the tax authority and provincial leaders for their large tax payments and positive contributions to the province’s socio-economic development. Typical examples include Nestle Vietnam Co., Ltd. (Switzerland), Beesco Vina Co., Ltd. (South Korea), and Ajinomoto Vietnam Co., Ltd. (Japan).

As one of the enterprises honored by provincial leaders at the FDI Business Meeting at the end of 2025, Kim Jeong, Director of Beesco Vina Co., Ltd. (South Korea), located in Chon Thanh II IP, Chon Thanh ward, said at the conference that the company was established in 2015 with total investment capital of 20 million USD and specializes in the production of sports footwear. In 2025, Beesco Vina recorded post-tax profits of more than VND 400 billion, while the taxes it paid into the state budget exceeded VND 150 billion. In the coming period, the company will continue to improve its governance, comply more fully with legal regulations, enhance operational efficiency, and contribute more practical value to the community. Kim Jeong also affirmed the company’s commitment to sustainable development, legal compliance, and greater social responsibility, while continuing to contribute positively to the state budget and to Vietnam’s overall economic development.

In 2025, Dong Nai posted outstanding results in attracting foreign investment, drawing nearly US$3.36 billion in FDI, far exceeding the target of US$1.9 billion. To date, the province has attracted investment from 51 countries and territories through 2,255 FDI projects, totaling nearly US$43.5 billion in registered capital. In the first two months of 2026 alone, Dong Nai attracted more than US$752 million in registered FDI capital. These results show that the province remains an ideal investment environment for both domestic enterprises and FDI enterprises. This undertaking will continue to create opportunities for Dong Nai to rise further, achieve breakthroughs in economic development, and post increasingly impressive growth in state budget revenue.

Supporting enterprises in fulfilling tax obligations

During their investment and business operations in Vietnam, many enterprises encounter challenges related to language differences, business practices, and changes in legal regulations. Therefore, maintaining close connections and providing timely support for FDI enterprises has remained a priority for Dong Nai’s authorities.

In terms of tax administration, the tax sector has implemented a range of measures to assist enterprises in updating tax policies and resolving tax-related difficulties.

According to statistics from the Department of Finance, state budget revenue from FDI enterprises in 2025 reached nearly VND17.9 trillion, equivalent to 130% of the target assigned by the Government and the Provincial People’s Council. Revenue from FDI enterprises was also among 15 indicators that exceeded the province’s budget estimates in 2025.

Tran Quang Ninh, Head of the Business Support Management Division 1 under the Dong Nai Tax Department, said that with more than 2,200 FDI enterprises currently operating in the province, the FDI sector has played an important role in the local budget revenue structure.

In the first two months of 2026, FDI enterprises contributed more than VND8.2 trillion to the state budget, equivalent to 34.37% of the annual target and accounting for 51% of the province’s total budget revenue of VND16 trillion.

These figures indicate that FDI enterprises have generally complied well with tax declaration and payment obligations while maintaining stable production and business activities, thereby continuing to make major contributions to the province’s budget revenue. Many enterprises have also proactively coordinated with tax authorities to implement tax management regulations, thereby improving tax administration efficiency and ensuring a sustainable revenue source for the local budget.

Assessing the contributions of FDI enterprises, Nguyen Toan Thang, Director of the Dong Nai Tax Department, said that thanks to the close, effective coordination between tax authorities and the business community, the tax sector has successfully fulfilled its assigned political tasks. The achievements of the tax sector have been made possible by the significant contributions of enterprises, individuals, and taxpayers across the province.

Thang expressed his hope that tax authorities will continue working closely with enterprises to successfully fulfill tax collection tasks, thereby strengthening national financial resources in the years ahead.

By Ngoc Lien – Translated by M.Nguyet, Minho