February 24, 2018 | 21:19 (GMT+7)
Dong Nai draws almost USD 156 million in FDI in Jan-Feb
The Southern province of Dong Nai has licensed eight foreign direct investment (FDI) projects worth USD 31.7 million and one domestic project worth VND 200 billion (USD 8.8 million).
According to the management board of industrial parks, nine existing FDI projects were permitted to increase their capital by USD 115.4 million.
The newly-licensed projects included footwear projects invested by August Sport Co., Ltd. with total investment of USD 15 million and DY Boiler Vina Co., Ltd. with total investment of USD 7 million.
HENKEL Adhesive Technologies Co., Ltd. and Inzi Vina Co., Ltd. registered to increase their capital by over USD 19 million and USD 18 million, respectively.
Newly-licensed and increased capital projects focus on mechanic industry, electronics, garment-textiles, and footwear.
So far, Dong Nai has been attracting nearly USD 32 billion in FDI with 1,300 valid projects invested by firms from 45 countries and territories. The top investors are the Republic of Korea, China's Taiwan and Japan.
Source: VNA