The southern province of Dong Nai has attracted foreign direct investment (FDI) capital totaling US$214 million in the first two months of the year, leading the nation in incoming FDI over the period.
The Ministry of Planning and Investment (MoPI)’Foreign Investment Agency unveiled the statistics.
Seven newly licensed projects contributed registered capital of US$127 million. They include Terumo BCT Vietnam Co. Ltd’s US$100 million medical equipment production project in Long Duc industrial park and the US$80 million Shink Mark Hospital construction in Bau Xeo industrial park. Provincial industrial parks will also host seven domestic investment projects capitalised at VND947 billion.
The province has improved its investment environment in accordance with the international integration process, another incentive for foreign investors.
Japan’s almost US$160 million in Vietnamese investments accounted for more than 56 percent of total FDI capital in the first two months of the year, the most from any single foreign investor in Vietnam.
Foreign investors have shown particular interest in the processing industry, manufacturing, real estate, and science and technology.