Dong Nai lures $52.4m in FDI in January

Jan 28th at 07:57
28-01-2019 07:57:55+07:00

Dong Nai lures $52.4m in FDI in January

The southern province of Dong Nai attracted US$52.4 million in foreign direct investment (FDI) in the first month of this year, according to the provincial Department of Planning and Investment.

 

Of the sum, $24.5 million came from seven newly-licensed projects while the remainder came from four capital-added ones, the department said, adding that all of these are involved in hi-tech and supporting industries.

They included a $10 million-project invested by SYM JSC Vietnam in the Giang Dien Industrial Zone (IZ) in Trang Bom District; and a $9.2 million project financed by SEMBA TOHKA Vietnam Co of Japan in the Long Duc IZ, Long Thanh District.

The province has to date attracted $33.8 billion in 1,890 foreign-invested projects, of which 1,394 are validated with a total investment of $28.6 billion.

Among 45 countries and territories investing in the locality, the Republic of Korea, Taiwan, Japan and Singapore are the largest sources of FDI.

According to local authorities, FDI has become an important resource for the locality’s development, contributing to boosting its economic growth and accelerating economic restructuring.

In the future, the province will continue to prioritise high-tech and environmentally friendly foreign-invested projects and those in the support industry.

It will continue to build modern technical infrastructure systems and call for foreign-invested projects with high added value and those in urban development and services.

bizhub



NEWS SAME CATEGORY

Apps race to attract customers with sweet deals

E-wallets, food-delivery and online shopping apps are offering a range of Tet (Lunar New Year Festival) promotions to widen their customer base.

Goods, supplies for Tet ample

The Ministry of Industry and Trade has asked agencies to ensure sufficient supplies of goods, while guaranteeing stable prices for during the Tet holiday, local...

PM questioned about economic outlook, growth momentum by WEF President

PM Nguyen Xuan Phuc answered questions raised by President of the World Economic Forum (WEF) Borge Brende at the "Vietnam and the World" dialogue held on the...

Bac Ninh grants investment licences to FDI enterprises

The People’s Committee of Bac Ninh Province on Thursday granted investment licences to six foreign direct investment (FDI) projects.

PM Phuc at Davos: Industry 4.0 a policy revolution for Vietnam

Vietnam considers the fourth industrial revolution “a policy revolution, not only one of technology,” Prime Minister Nguyen Xuan Phuc has said.

PM urges leaders of multinationals to support EVFTA in Davos

Prime Minister Nguyen Xuan Phuc called on the leaders of the world's leading multinationals to lobby the European Union for quicker approval of the EU-Vietnam Free...

$1 million available for green start-up ideas

With a total prize value of up to US$1 million, the third Proof-of-Concept (PoC) competition aims to contribute to the richness and the connectivity of the...

Viet Nam, India seek ways to remove obstacles to trade ties

Officials from Viet Nam and India discussed specific measures to remove obstacles to trade and promote investment co-operation between their businesses during the...

VN named in top 60 innovative economies

Viet Nam has been named among the 60 most innovative economies in the world by the 2019 Bloomberg Innovation Index.

Vietnam trade deficit more than triples in first 15 days

With FDI firms’ exports plunging, Vietnam's trade deficit more than tripled year-on-year in the first 15 days of 2019, approaching $1 billion.


MOST READ


Back To Top