More opportunities to promote investment in Dong Nai

Modern production line at Vietnam Precision Industry Joint Stock Company (Vpic) in Ho Nai Industrial Park, Ho Nai Ward. Photo: Ngoc Lien

This is an opportunity for Dong Nai to promote investment, introduce its potential and strengths through the connection of investment promotion representatives in countries such as: France, the United States, Singapore, Germany, Korea, Taiwan, Laos, Cambodia, and Japan.

The attraction of Long Thanh International Airport

According to Vietnam’s investment promotion representatives in other countries, Dong Nai is becoming an attractive destination for investors due to the attraction of Long Thanh International Airport. Along with that, there are synchronous investment projects in transport infrastructure connecting with neighboring areas.

Ms. Le Thi Hai Van, investment promotion representative in Washington DC, USA shared: Long Thanh Airport is one of the factors that US enterprises are very interested in, and is expected to become a huge attraction for Dong Nai when put into operation. The fields that US investors are interested in investing in Dong Nai are also quite suitable for the province's investment attraction policy such as: semiconductor industry, AI, high-tech manufacturing and processing industry, medical equipment, logistics... Express delivery corporations such as: FedEx Express, DHL... are also particularly interested in the progress of completion and putting into use of Long Thanh Airport, ready to place warehouses around the airport; at the same time, they want to connect with customs authorities to have exchanges and apply for licenses to wait until the airport is put into use to deploy services.

According to Ms. Le Thi Hai Van, US enterprises operating in Dong Nai all acknowledge the support of the local government when problems arise during the investment and production process. This is a highlight in Dong Nai's investment environment when it is assessed that the government always stands side by side with enterprises.

Based on the actual needs and assessments of businesses, investment promotion representatives in Japan want the province to provide information on investment portfolios for 5 years, from 2026-2030, through which they can introduce them to investors. Every year, the Vietnamese Embassy in the United States works with US businesses in each field. If there are documents to attract investment from the province, the embassy will introduce them at meetings to call for investment for the locality.

South Korea is a long-standing investment partner of Dong Nai province. However, according to Mr. Pham Viet Tuan, investment promotion representative in South Korea, the investment trend of South Korea has recently slowed down. There are not many new projects or projects with increased capital. Most South Korean enterprises know about Dong Nai when studying the investment environment in Vietnam. In particular, recently, when Long Thanh Airport is about to come into operation, many South Korean enterprises are interested in investment projects around the airport, and many enterprises even pay attention to exporting by air. Mr. Pham Viet Tuan hopes to be a "bridge" between South Korean enterprises and Dong Nai province.

Dong Nai has advantages in aviation infrastructure, seaports, road, rail and waterway transport. Along with the expanded space for infrastructure development in industrial parks, human resources as well as institutional and infrastructure bottlenecks that have been clearly planned, in the coming time, Dong Nai will be an attractive destination for many investors. This is an opportunity for Dong Nai to break through and grow strongly in the socio -economic fields.
Deputy Director of Foreign Investment Agency (Ministry of Finance) VU VAN CHUNG

Need to proactively expand investment activities

Some investment promotion representatives in countries and territories commented: In recent times, Dong Nai has had many investment promotion activities abroad, but there are still many markets with many potential partners that are still open. Therefore, in the coming time, Dong Nai needs to strengthen investment promotion.

Production line at Changshin Vietnam Co., Ltd., an investor from Korea with many years of operation in Dong Nai. Photo: Ngoc Lien

Mr. Le Quang Tuan, investment promotion representative in Taiwan (China) said: Taiwan is a traditional customer of Dong Nai but investment promotion activities in Taiwan have not been as expected (currently there are only Minh Hung - Sikico Industrial Park, Tan Khai commune and Tin Nghia Investment Joint Stock Company, Tran Bien ward, Dong Nai province). Mr. Le Quang Tuan suggested that Dong Nai pay more attention to investment promotion in Taiwan. "Taiwan is implementing a program to train semiconductor human resources until 2030. Therefore, if Dong Nai province has a need to train semiconductor human resources, it can cooperate with Taiwan" - Mr. Le Quang Tuan added.

Commenting on the potentials and advantages of Dong Nai, Mr. Vu Van Chung, Deputy Director of the Foreign Investment Department (Ministry of Finance) said: Dong Nai is one of the major economic centers of the country with many great potentials and advantages. Currently, the Ministry of Finance is coordinating with Vietnamese ambassadors and consulates general in countries to build information data of localities with strengths in attracting investment to introduce and promote in countries and territories. Therefore, listening and learning about the need to attract investment as well as the information provided by the province will be the basis for investment promotion representatives abroad to send to potential investors, contributing to supporting localities to promote investment in many countries and territories through the documents provided by the province.

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