Vietnam’s Dong Nai province attracts 3 FDI projects worth $109 mln
Dong Nai province, an industrial hub in southern Vietnam, granted investment certificates to three foreign direct investment (FDI) projects with total registered capital of $109 million on Thursday.
Taiwan-invested Jhonsin Vietnam Company Limited will invest $10 million in a factory in An Phuoc Industrial Park to manufacture plastic zip bags and houseware.
Singapore-invested J&H Yubo Vietnam Industrial Company Limited will invest $19 million in a garment plant in Nhon Trach VI Industrial Park.
Dong Nai Vice Chairwoman Nguyen Thi Hoang (right) at an investment certificate granting ceremony in the province, southern Vietnam, December 14, 2023. Photo courtesy of Dong Nai newspaper.
Anctek Vietnam Company Limited, under Singapore’s electrical company Ningbo Dechange, will pour $80 million into producing, assembling, and installing electrical houseware and kitchenware. The facility is located in Giang Dien Industrial Park.
Anctek’s latest move, also the second investment, will raise the firm’s total investment in Dong Nai to $90 million.
Speaking at the ceremony, Dong Nai Vice Chairwoman Nguyen Thi Hoang said in the year to early December, Dong Nai had lured FDI of $1.16 billion, or 5% above the whole-year target. The figure included $1 billion going into industrial parks, or 62.5% beyond the annual target, she added.
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