Dong Nai sees surge in industrial investment
VOV.VN - The southern province of Dong Nai has experienced a strong boost in investment attraction, with hundreds of millions of US dollars flowing into the industrial sector through new projects and capital adjustments early this year.
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Right after the Lunar New Year, the province secured over US$730 million in foreign direct investment (FDI) and domestic capital, mostly in industrial zones. This signals positive economic prospects for Dong Nai, a province with a well-established industrial base.
High-tech investment on the rise
In the first months of 2025, Dong Nai granted investment registration certificates for 10 new FDI projects worth US$258.3 million and two domestic projects totaling VND1.88 trillion. Additionally, 16 FDI projects increased their capital by over US$485 million, while two domestic projects saw capital adjustments of VND544 billion.
According to the Dong Nai Industrial Zones Authority, new investment projects primarily focus on semiconductor manufacturing, electronics, and precision engineering- key industries aligned with the province’s investment strategy.
Deputy Head of the Authority Duong Thi Xuan Nuong noted that Dong Nai has exceeded its investment targets, maintaining its position among Vietnam’s top investment destinations. The province has also established 41 cooperation agreements with 12 countries to further promote investment.
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Moving forward, Dong Nai aims to attract more high-tech and eco-friendly projects. Plans are underway to develop a 500-hectare high-tech park and a 100-hectare IT zone.
Industrial land expansion
Dong Nai currently has 36 industrial zones covering over 12,800 hectares, with 32 already operational. Four newly established zones, Long Duc 3, Bau Can-Tan Hiep (Phase 1), Xuan Que-Song Nhan (Phase 1), and Phuoc Binh 2, are expected to provide additional space for investors.
However, the province is facing plenty of challenges as industrial land is nearly fully occupied. Deputy Director of the provincial Department of Planning and Investment Phan Trung Hung Ha stated that while some land remains available, project implementation has been slow due to various factors.
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“Our priority is to attract investors with environmentally friendly projects that require less unskilled labor while ensuring high efficiency,” Ha said.
For 2025, Dong Nai is focusing on economic growth, technological innovation, and green transformation. Director of the Department of Industry and Trade Pham Van Cuong said efforts will be made to address regulatory and infrastructure bottlenecks.
“We are streamlining administrative processes, promoting digital transformation, and integrating AI to enhance business efficiency,” Cuong stated.
Chairman of the Dong Nai People’s Committee Vo Tan Duc stressed that industry remains the province’s economic driver. The province will work to remove land-related bottlenecks and strive for a 10% growth rate in line with the Government’s targets.