Dong Nai attracts US$640 million in FDI in first half
The southern province of Dong Nai has lured US$640 million in foreign direct investment (FDI) in the first six months of the year, reaching 64% of its yearly plan, said the provincial Department of Planning and Investment.
 |
The sum came from 37 new and 51 existing projects. According to the department, all the projects are in high technology, supporting industry and are environmentally friendly. They are in line with the province’s policy to prioritise hi-tech projects.
Most of the projects in Dong Nai in the period were from the Republic of Korea (RoK), Japan, Singapore, Germany and the British Virgin Islands.
Notably, Pou Phong Vietnam Ltd. invested in a US$55 million project, while Powerknit Vietnam Ltd. launched a US$60 million project, both coming from the British Virgin Islands.
Chang Hae Vietnam company and Long Thai Tu fabric company from the RoK added US$20 million and US$50 million to their ongoing project in the province.
Dong Nai is home to 1,703 projects with total investment of nearly US$31 billion, including 1,286 valid projects worth US$26.1 billion and 417 revoked projects worth US$4.8 billion.
The FDI projects’ investors are from 45 countries and territories, mostly the RoK, Taiwan (China) and Japan.
