Dong Nai attracts nearly $1.76b in FDI in 11 monthsTuesday, December 4,2018
AsemconnectVietnam - The southern province of Dong Nai attracted US$1.76 billion in foreign direct investment (FDI) in the first 11 months of the year, surpassing the yearly target by 76 per cent, according to the provincial Department of Planning and Investment.
According to the provincial industrial zones’ management board, licenced projects in industrial parks are diversified, suitable with local direction, focusing on supporting industries in three major fields: mechanical engineering, electronics as well as garment and footwear.
The project of Long Duc - Wonderful Sun-S Electronics Company Limited has total investment capital of $25 million. It targets the production and assembly of all kinds of electronic and electrical components.
According to the provincial Department of Planning and Investment, to date, Dong Nai Province has 1,861 FDI projects with total registered investment of $33.63 billion. Of them, 1,379 projects worth $28.5 billion are operational while 482 others totalling $5.12 billion have had their licences withdrawn. In recent years, it has prioritised projects using high-tech, skilled labourers and environmental protection.
Vietnam becomes Asia’s hottest investment destination: Forbes
3.61 million tons of crude oil exported in 11 months of 2018
VN-Index losses 18 points on December 17
Quang Nam’s Chu Lai OEZ to expand
November car sales accelerate
ADB Provides $300 Million Loan to BIDV to Support SMEs in Viet Nam
Viet Nam’s GDP could grow more than 6.9% in 2019-20: NCIF
Vietnam domestic market commodity prices - Dec 14
Vietnam dong, gold and interbank rates - Dec 14
Decree 163/2018 / ND-CP: An important legal corridor to develop the bond market
Vietnam’ pepper exports decreased in November
Realty market has opportunities from trade war
Vietnamese goods fair opens in An Giang province
Hanoi aims to become national logistics hub