Dong Nai "opens the door" to welcome high-tech investors

Modern machinery system applied in the production of auto parts at Vietnam Precision Joint Stock Company (Ho Nai 3 Industrial Park, Ho Nai Ward, Dong Nai Province). Photo: Ngoc Lien

With the fourth largest economy in the country, and being one of the leading localities in the country in attracting foreign direct investment (FDI) with a total registered investment capital of over 51 billion USD, nearly 2,200 projects operating and producing in the province, Dong Nai is still expanding industrial parks to attract investors, especially high-tech investors...

Attracting high-tech investors

In Dong Nai, the inauguration ceremony of Coherent Vietnam Factory (Coherent) in Nhon Trach 1 Industrial Park has just taken place. The project has a total initial investment capital of 127 million USD. This event attracted public attention because it is an FDI investment project of a leading high-tech economic group and semiconductor technology from the United States .

The Coherent Vietnam Factory Project is one of three high-tech projects that Coherent Group has been granted an investment certificate by Dong Nai province in 2024 with a total expected capital of nearly 1 billion USD for the three projects, invested in construction in Nhon Trach 1 and Nhon Trach 2 Industrial Parks. These projects include: Silicon Carbide (SiC) Semiconductor Manufacturing Project; Advanced Optics Project and M-Cubed Project: measurement, testing and manufacturing of semiconductor components.

Mr. Gan YC, Director of Coherent Vietnam Factory, shared: Coherent Group wants to build a world-class manufacturing and innovation center that reflects the future of Coherent Group. The factory is designed with scalability, flexibility and sustainability to meet the growing global demand for advanced technologies. With smart manufacturing systems and high-quality local human resources, the factory helps strengthen the supply chain, shorten delivery times and more effectively access key markets in Asia.

In addition to the Coherent Group event, Dong Nai has recently welcomed a series of high-tech FDI projects such as: Kingfa Science & Technology Co., Ltd. (Vietnam) project, belonging to Kingfa Group of China, located in Long Thanh High-Tech Industrial Park, with a total registered investment capital of 80 million USD. Kingfa Group is one of the suppliers of advanced synthetic plastic materials with superior product lines worldwide. Or the capital increase project of SMC Manufacturing Vietnam Co., Ltd. (Japan), in Long Duc Industrial Park, Binh An Commune, specializing in manufacturing and assembling automatic control equipment, raising the total registered investment capital in Dong Nai to nearly 1 billion USD...

Deputy Head of the Management Board of Industrial Parks and Economic Zones of the province Nguyen Minh Chien said: Dong Nai currently has 81 planned industrial parks with an area of over 39 thousand hectares. Of which, 59 industrial parks have been approved for establishment with a total area of over 21.7 hectares, 43/59 industrial parks have leased over 7.6 thousand hectares, reaching a rate of about 73.7% of the total leased land area (over 10 thousand hectares).

Create the best environment for investors

Coming to Dong Nai, many FDI investors have commented that Dong Nai has a superior quality business environment, advantages in location and good industrial infrastructure. Enterprises believe that Dong Nai is the right and best choice for investors.

At meetings with businesses and foreign agencies representing in Vietnam, Dong Nai province leaders always commit to accompany businesses, creating the most favorable conditions for projects to be implemented smoothly, effectively and sustainably. Dong Nai will continue to proactively remove difficulties and obstacles for investors in the process of project implementation, promote administrative procedure reform, improve the competitiveness and quality of the industry, improve the investment environment, towards sustainable and harmonious development between businesses and localities.

Most recently, at a working session with Japanese enterprises, Provincial Party Committee member and Vice Chairman of the Provincial People's Committee Nguyen Thi Hoang shared: In the coming time, with the Long Thanh International Airport being urgently constructed and expected to be completed in 2026, along with the increasingly complete regional transport infrastructure system, Dong Nai will become a strategic logistics and production center in the southern region of Vietnam. Dong Nai has all 5 modes of transport including: road, air, rail, sea and inland waterway. In particular, Long Thanh International Airport with an area of 5,000 hectares, capacity of 100 million passengers/year, 5 million tons of cargo/year, is the largest project in Southeast Asia, will be the driving force to attract investors to Dong Nai.

Assessing Dong Nai's FDI attraction strategy, Deputy Prime Minister Nguyen Chi Dung suggested early stabilization of the organization and focusing on socio-economic development tasks to fully exploit the potential and development space of the new province after the merger.

In addition, Deputy Prime Minister Nguyen Chi Dung requested Dong Nai to continue improving the investment and business environment in a transparent, stable, and open manner, in line with international practices. Promote administrative procedure reform, digital transformation, and ensure the smooth, synchronous, and effective implementation of the two-level local government model. In addition, it is necessary to invest in a synchronous transport infrastructure system and develop high-quality human resources, especially in the fields of semiconductors and artificial intelligence.

Deputy Prime Minister Nguyen Chi Dung requested to prepare clean land funds, ensure infrastructure to attract strategic investors; maintain substantive dialogue mechanisms with businesses and investors; promptly receive, handle and remove difficulties and obstacles of investors...

Ngoc Lien

Source: https://baodongnai.com.vn/kinh-te/202508/dong-nai-rong-cua-don-nha-dau-tu-cong-nghe-cao-05428eb/