FIEs pour over $2.5 billion into Dong Nai industrial zones in Q1 20:36 | 25/04/2021
Foreign investors pour over $2.5 billion into Dong Nai s industrial zones in Q1
According to Dong Nai Industrial Zones Management Authority, FIEs use the capital to buy machinery and raw materials to increase the capacity of their factories, manufacturing products for local and foreign markets. Also, FIEs have achieved over $5.7 billion in total revenue, up 12 per year against the same period last year. Thanks to the positive results, FIEs continue to expand production and sales.
Some major investments in the locality include a $100 million facility by Hansol Electronics Vietnam Co., Ltd., specialising in assembling liquid-crystal display (LCD) modules and electronic circuits at Ho Nai Industrial Park in Trang Bom district, and a $60 million project by Ojitex (Vietnam) Co., Ltd. (Japan) manufacturing high-quality packaging at Loc An-Binh Son Industrial Park in Long