Five months FDI capital nears $500 million in Dong Nai

The southern province of Dong Nai attracted nearly US$500 million foreign direct investment (FDI) capital in the first five months this year, reported the provincial Department of Planning and Investment.

An FDI firm in Tan Thuan Export Processing Zone, HCMC (Illustrative photo: SGGP)

An FDI firm in Tan Thuan Export Processing Zone, HCMC (Illustrative photo: SGGP)

The above amount approximates 50 percent of the province’s plan this year.
Of these, $60 million is registered capital of Powerknit Vietnam Company and $55 million of Pou Phong Vietnam Company. The two projects have been invested by companies from  British Virgin Islands and located in Bau Xeo industrial park, Trang Bom district.
According to the department, licensed projects are environmentally friendly and not labor intensive in hi-tech and support industry fields.
Countries and territories with large scale projects comprise Japan, South Korea and Taiwan (China).

By DUC TRUNG – Translated by Hai Mien

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