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| Modern production line system at Vietnam Precision Industrial Corporation (VPIC). Photo: N. LIEN |
This change has been accelerated recently to meet the demands of discerning markets such as Europe, the US, and Japan; and also to respond to the US imposing retaliatory tariffs on goods originating from Vietnam.
Proactively seek out and seize market opportunities.
According to statistics from the Ministry of Finance , in the first six months of 2025, Vietnam attracted nearly $12 billion in foreign direct investment (FDI), an increase of over 8% compared to the same period in 2024. The Ministry of Finance assesses this as the highest FDI attraction figure for the first six months of the year in Vietnam in the past five years.
Assessing the performance of FDI investors, economic experts believe that Vietnam has maintained its growth rate because both businesses and leaders at all levels, from central to local, have proactively grasped the situation and made changes in their approach, as well as promptly transforming production technology. This proactiveness has helped FDI businesses in Vietnam reduce the impact of market fluctuations, as well as the effects of US tariff policies.
Dong Nai is among the top 5 localities nationwide in attracting FDI, with 52 established industrial parks and nearly 2,200 active FDI projects; total investment capital exceeding 41 billion USD, from 46 countries and territories, led by South Korea, Taiwan, and Japan.
In Dong Nai province, during the first six months of 2025, the province attracted over US$1.4 billion in FDI, a 48% increase compared to the same period in 2024. According to investors, despite significant market fluctuations, Dong Nai continues to attract FDI interest. Businesses that have already invested or are operating in Dong Nai are proactively adapting to and responding to market changes.
As a French company specializing in manufacturing backpacks and bags to order for foreign partners and exporting goods to European, American, and Canadian markets, FFG Co., Ltd. (FFG, Long Binh Industrial Park) has implemented timely solutions to cope with market fluctuations.
Ms. Nguyen Thi Ngoc Thuy, CEO of FFG, stated that 50% of FFG's goods are exported to European markets (France, the Netherlands, etc.) and approximately 40-50% to the US or Canada. Immediately after the US announced retaliatory tariffs, FFG was directly affected in terms of orders. However, following the announcement of the US retaliatory tariff policy, FFG intensified its search for new markets in Europe, especially in countries not yet affected by the US market. From there, the company's market development team developed a strategy to seek new markets (Japan, South Korea, etc.), limiting direct exports to the US. Currently, FFG continues to attract many partners interested in exploring cooperation opportunities.
Dong Nai remains an attractive destination for investors.
Having operated in Dong Nai for over 30 years, Vietnam Precision Industrial Corporation (VPIC, Taiwan - China) still chooses Dong Nai as its home and continuously invests in and applies modern technology in production.
Ms. Lee Wei Chun, Chairwoman of the Board of Directors of VPIC, stated that VPIC focuses on both production and business operations, while also prioritizing investment in modern equipment and machinery. Notably, VPIC pioneered the implementation of automated welding lines, researched and developed by the company's own team over 20 years ago. Currently, the factory has two automated welding lines. This automated system combines technology from Taiwan with contributions from the Vietnamese team. Furthermore, VPIC has invested in an automated warehouse system, including automated transport vehicles, to optimize human resources in the future. This helps VPIC aim for automated production with artificial intelligence (AI) technology, ensuring productivity and product quality.
Along with the development of businesses, the leaders of Dong Nai province have consistently encouraged and supported existing businesses, creating the most favorable environment for FDI investors to access, explore, and establish long-term partnerships with Dong Nai. Accordingly, Dong Nai continues to focus on attracting selective investment, choosing the best investors, controlling projects, and prioritizing environmentally friendly and clean technology projects, in accordance with Resolution 50-NQ/TW dated August 20, 2019, of the Politburo on the orientation for perfecting institutions and policies, and improving the quality and effectiveness of foreign investment cooperation by 2030.
Speaking at meetings and dialogues with FDI enterprises operating in the province, as well as businesses exploring opportunities in Dong Nai, Mr. Vo Tan Duc, Deputy Secretary of the Provincial Party Committee and Chairman of the Provincial People's Committee, consistently emphasized that, with the motto of the government accompanying businesses, the provincial leadership always welcomes and creates the most favorable conditions for investors to explore the investment environment in Dong Nai, listening to the difficulties and obstacles faced by businesses operating in the province. In particular, regarding the difficulties and obstacles faced by businesses, the provincial leadership will prioritize addressing them, creating an effective investment and business environment for businesses, contributing to achieving the double-digit economic growth target in 2025.
Ngoc Lien
Source: https://baodongnai.com.vn/kinh-te/202507/doanh-nghiep-fdi-chu-dong-thich-ungyeu-cau-moi-a6c149a/
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