The People’s Committee of Dong Nai province, a key industrial hub in southern Vietnam, presented investment certificates to 17 projects with a total registered capital of $6 billion at a conference on September 24, where the locality’s master plan was also announced in the presence of Prime Minister Pham Minh Chinh, according to a report from the Vietnam News Agency.

Among these, five are foreign direct investment (FDI) projects and 12 are domestic, spanning various sectors such as industrial and urban infrastructure development, property, and semiconductors.

Notably, the Hiep Hoa urban area will be developed on an area of over 293 ha in Bien Hoa city, with a total investment exceeding $2.9 billion. Additionally, the 1,000-ha Bau Can – Tan Hiep Industrial Park will be established in Long Thanh district, with an estimated cost of $9.25 trillion (over $375 million).

From January to September, Dong Nai attracted $1.1 billion in FDI, marking a 34% year-on-year increase. Investment certificates were granted to 61 new projects with a total registered capital of $640 million, while 74 projects had their capital adjusted, totaling $448 million.

To date, over 55,900 enterprises have registered more than VND522 trillion (over $21 billion) for operations in the locality.

Dong Nai currently hosts 33 industrial parks covering a total area of over 10,500 ha. Of these, 32 are operational, housing nearly 2,100 enterprises.

The province is home to nearly 1,600 valid FDI projects with total capital exceeding $34 billion. The top investors are from South Korea, Taiwan (China), and Japan.