From a purely agricultural province, Dong Nai has transformed into a thriving industrial hub, making a leading contribution to the national budget. Notably, Dong Nai has consistently stood out as a key destination for foreign direct investment (FDI) in Vietnam, with over 2,200 FDI projects from 51 countries and territories, totaling nearly 42 billion USD in registered capital. In the first 11 months of 2025 alone, Dong Nai attracted over 2.9 billion USD in FDI through 286 new and capital-increase projects, surpassing the annual target by 10 percent.
In recent times, FDI capital has contributed to increasing industrial production value, accounting for a large proportion of the province's export turnover and creating jobs for hundreds of thousands of laborers inside and outside the province. At the same time, it has promoted urbanization and economic restructuring, shifting towards an economy based on industry and services.
To achieve such "sweet fruits", it is essential to highlight the role of the provincial leadership, which identified attracting FDI as one of its key priorities, closely aligned with Dong Nai's socio-economic development planning and industrial development orientation, aimed at sustainable growth. On that foundation, numerous resolutions and action programs were promptly issued, establishing a legal framework and a stable investment environment for businesses.
This commitment was clearly demonstrated years ago when Dong Nai made the strategic decision not to sacrifice the environment for economic growth. Instead of chasing the number of projects, the province consistently upheld the principle of selecting investors with strong financial capacity, advanced technology, and a clear commitment to environmental protection. In addition, provincial leaders regularly organized conferences and investment promotion activities both domestically and internationally to attract FDI. Particularly noteworthy is the proactive approach of working alongside investors, frequently holding dialogues and meetings with FDI enterprises to listen and promptly address challenges and obstacles that arise during project implementation within the province. This approach has helped build trust, enabling the province to retain many major FDI investors and continue attracting new, high-quality projects. Among them, several FDI enterprises, after achieving effective investment results in Dong Nai, have increased their capital to expand production and business operations, including Amata, TKG Taekwang Vina JSC, Hyosung Vietnam Co., Ltd., Changshin Vietnam Co., Ltd...
In addition, the drastic direction in administrative procedure reform has contributed to improving the province's competitiveness, along with simplifying investment procedures and applying information technology in management and public service provision, which helps reduce costs and time for businesses, thereby building an image of a dynamic, professional, and reliable government in the eyes of investors.
However, the expansion of industrial development and the growing attraction of FDI in the province also present significant challenges in the time ahead, including pressure on transport infrastructure, environmental protection, maintaining security and order, ensuring social welfare and housing for workers, particularly in response to the increasing demand for skilled human resources. In response, the province is focusing on implementing a comprehensive set of solutions, including the development of connecting transport infrastructure, land preparation for industrial parks, strengthening high-quality workforce training, and attracting high-tech, green, and circular production projects to build a solid foundation for long-term development.
In the new context, maintaining a leading position in FDI attraction is not the ultimate goal, but rather a stepping stone for Dong Nai to advance to a higher-quality development phase; socio-economic growth must go hand in hand with environmental protection. With strategic vision, decisive leadership, and an innovative mindset, Dong Nai is affirming its determination not only to attract more FDI capital but, more importantly, to pursue effectiveness and sustainable development, thereby making meaningful contributions to both provincial and national progress.
By Pham Mai – Translated by Mai Nga, Minho
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