Dong nai so xo

The Formosa Industries Corporation project is the first Taiwanese project at Nhon Trach 3 Industrial Zone (IZ) of Dong Nai province. Formosa has increased capital by $12.7 million to roughly $1.64 billion. Nestlé Vietnam, meanwhile, increased capital by $132 million to $582 million for its Tri An Nestlé factory located in Amata IZ. Foreign investors receiving certificates presented by Nguyen Thi Hoang, Deputy Chairwoman of Dong Nai People’s Committee According to Chen Yong, deputy general director of Vacpro Vietnam Co., Ltd., one of the six companies, the company's business results have proven that investing in Dong Nai province is an intelligent decision. “2020 was characterised by the pandemic, having a great impact on many businesses across the country in general and Dong Nai in particular. However, our output has quadrupled compared to the same period in 2019 and this once more reaffirms our plan to expand investment in this province,” said Yong. Nguyen Thi Hoang, Deputy Chairwoman of Dong Nai People’s Committee, foreign direct investment (FDI) is one of the major motivations for the province's development. “The six projects awarded investment registration certificates today are all being implemented in Dong Nai's IZs, which are major investment projects with great significance to local economic development,” said Hoang. According to the industrial development orientation of Dong Nai province, by 2025, the province will continue to attract large economic groups with technological and financial potentials and supportive industries applying high technologies, step by step moving towards sustainable development. Dong Nai strives to achieve its plan to attract at least $700 million of FDI and VND2 trillion ($86.96 million) of domestic investment capital in 2021. In the first four months of this year, Dong Nai IZ attracted 19 new FDI projects with the registered investment capital of $249.7 million and one domestic investment project with …

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A factory of the Tuong Lai Co. Ltd in Dong Nai province (Photo: VNA) Dong Nai (VNA) - The southern province of Dong Nai granted permits on April 28 to allow six existing FDI projects to add nearly 250 million USD in registered capital. Among these are Nestle Vietnam’s coffee production project at the Amata Industrial Park, with total investment increasing from 270 million USD to more than 400 million USD; VacPro Vietnam’s factory in the Nhon Trach I Industrial Park , rising from 7 million USD to 40 million USD; and a new branch of Suheung Vietnam, adding 30 million USD in capital to reach 80 million USD. Foreign investors adding capital and expanding production is a positive sign and shows that they have confidence in the local business climate and are posting good earnings, deputy head of the provincial industrial park (IP) authority Le Van Danh said. Most projects are in supporting industries and use advanced technology, he added. Dong Nai officials present investment certificates to foreign investors on April 28 (Photo: VNA) Dong Nai is likely to welcome more foreign investors in the time to come, said Vice Chairman of the provincial People’s Committee Nguyen Thi Hoang. She added that the province gives priority to projects applying high technology and employing skilled workers in supporting industries and is now more selective when it comes small-scale, labour-intensive, and environmentally-unfriendly projects. According to data from the provincial IP authority, local IPs had attracted close to 670 million USD in 58 FDI projects since the beginning of this year. They include 39 projects receiving additional investment, worth more than 420 million USD. Dong Nai is currently home to 32 IPs. Nearly 1,400 FDI projects worth a total of 27 billion USD have so far set up camp in the province./. VNA …

[Read more...] about FDI in Dong Nai hits 670 mln USD since beginning of year

Thousands of people have flocked to the southern province of Dong Nai these days to admire and take pictures with the giant apricot tree. In the early days of the lunar year, people from many southern provinces have flocked to Gia Ray town in Xuan Loc district, Dong Nai province to see a apricot tree over 50 years old. This is the biggest apricot tree in the Southeast region, with a height of more than 5 meters and a canopy of more than 10 meters wide. This tree belongs to Mr. Tran Cong Thanh, a gardener in Gia Ray town. Thanh has owned this tree since 1964. Some pictures of the giant apricot tree in Dong Nai: Xuan An …

[Read more...] about 5-meter-tall apricot tree in Dong Nai attracts visitors