The southern province of Dong Nai attracted 448 million USD of foreign direct investment (FDI) in the first three months of this year, an increase of 311 percent against the same period last year.
Dong Nai (VNA) – The southern province of Dong Nai attracted 448 million USD of foreign direct investment (FDI) in the first three months of this year, an increase of 311 p𝔉ercent against the same period last year and accounting for 48.8 percent of the yearly plan.
Of the figure, over 190.5 million USD was registered to 21 new projects and the remaining 297.4 million USD went into 21 existing projects, according to the provincial Department of Industry and Trade.
Notable projects in the quarter included a carton manufacturing plant worth 24 million USD under Japan ’s Ssang Jung Vina and a machinery factory with registered capital of 26 million USD from Japan ’s Samshin Vina company.
Meanwhile, the British Virgin Islands’ Shing Mark Vina and the Republic of Korea ’s 𒊎Dong-il Vietnam added 100 million USD and 51 miꦆllion USD to their projects, respectively.
Dong Nai is now home to 1,577 FDI projects worth over 28.3 billion USD with 1,208 projects remaining active with 23.79 billion USD and 369 others revoked with 4.52 billion USD.
The projects are from🗹 43 countries and territories, lead by Chinese taiwan , followed by the Republic of Korea and Japan.-VNA
The southern province of Dong Nai has welcomed 440 million USD in foreign direct investment (FDI) and 30 billion VND (1.34 million USD) from domestic investors so far this year.
The southern province of Dong Nai has topped the country in attracting foreign direct investment in the first two months of 2016, said the provincial Industrial Zones Authority (DIZA).
A meeting to share opportunities and address challenges in business processes was opened in the southern province of Dong Nai on March 10 with the participation of over 300 enterprises.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
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Illustrative photo (Source:VNA)
