Domestic investment in southern Dong Nai city has skyrocketed to over VND860 trillion (approx. $33 billion) in the first eight months of 2026, far surpassing its annual target, according to the local Statistics Office.
As of August 20, the total domestic capital inflow reached VND860.856 trillion, representing an astounding 538% of the VND160 trillion ($6.13 billion) annual plan. The surge was primarily driven by 18 large-scale projects licensed outside industrial zones, which accounted for approximately VND839.197 trillion ($32.16 billion) in registered capital. Additionally, 17 new projects were approved within industrial zones, while 20 existing projects registered for capital expansions.
"The domestic investment results have far exceeded our projections, largely due to several mega-projects being licensed during this period," a representative from the Dong Nai Statistics Office stated. "This influx of capital provides a robust foundation and creates strong momentum for production and business development in the near future."
While domestic capital stole the spotlight, Foreign Direct Investment (FDI) maintained a steady performance. By the end of August, the city attracted over $1.879 billion in FDI, reaching 62.65% of the $3 billion annual goal. This included 70 newly licensed projects and 88 existing enterprises that opted to increase their investment to expand production scales.
The city’s broader economic indicators also reflected high growth. The Index of Industrial Production (IIP) for the first eight months is estimated to have grown by 12.63% year-on-year. In the services sector, total retail sales of goods and consumer services rose 17.2%, while passenger and freight transport revenues increased by 19.68% and 17.16%, respectively.
The corporate landscape in Dong Nai showed significant vitality. From the start of the year through August 15, more than 5,415 new enterprises were established. While the number of new firms grew by 8.9% compared to the same period last year, the total registered capital surged six-fold. Furthermore, over 1,100 businesses resumed operations, a 4.2% increase, signaling a confident outlook for the local business environment.
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