Creating a breakthrough in attracting investment
A crucial step that opens up new expectations for vibrant investment attraction in Dong Nai is the province’s recent acceptance of nearly 550 million USD in three projects in the first licensing round of 2026. Among them, the HAOHUA (Viet Nam) tyre manufacturing plant project in Minh Hung-Sikico Industrial Park, belonging to the HAOHUA Group (China), has been approved to increase its capital by an additional 400 million USD, bringing the total investment in Dong Nai to 900 million USD.
Notably, the Management Board of Industrial Parks and Economic Zones of Dong Nai Province completed all licensing procedures for this project in less than 24 hours, demonstrating the “proactive and service-oriented government” mindset clearly reflected in its management capacity and service to businesses and investors through concrete actions, in line with the local government’s commitment to continuously improving the investment environment and actively supporting businesses.
On the occasion of its 30th anniversary in Viet Nam, in early February 2026, AQUA Viet Nam Electrical Appliances Co., Ltd., located in Bien Hoa 2 Industrial Park, announced its long-term development strategy and committed to increasing total investment capital and factory capacity to serve both the domestic and export markets.
Accordingly, AQUA Viet Nam officially extended the operation of its factories in Bien Hoa 2 Industrial Park until 2045, with a total extended investment of nearly 1.54 trillion VND (approximately 75 million USD). This increases the total capacity of all three factories to approximately 1.6 million products per year, ready to meet the growing demand of the domestic market and export to many countries worldwide, including Asia and Europe.
AQUA Viet Nam’s General Director, Fan Guofeng, shared: “For the past 30 years, we have remained steadfast in our three core values: putting the user at the centre, continuous improvement, and maintaining consistent quality. Extending our investment until 2045 and increasing our capital by an additional 75 million USD affirms that we are not just a sales brand, but a partner committed to creating a convenient, smart, and sustainable future.”
Nguyen Kim Long, Permanent Vice Chairman of the People’s Committee of Dong Nai Province, said that the locality will focus on directing three breakthrough solution groups, with a new approach compared to before.
First, creating breakthroughs in institutions and implementation, shifting strongly from “following the correct procedures” to “serving businesses with the right objectives.” Unlike the previous period, which mainly focused on perfecting documents, Dong Nai now identifies the focus as the quality of implementation at each stage and by each official.
Dong Nai Province will continue to review and remove legal bottlenecks related to investment, land, construction, and the environment; resolutely cut unnecessary business conditions; and at the same time, establish a mechanism to protect officials who dare to think, dare to act, and dare to take responsibility when handling applications for businesses.
Promoting the construction and exploitation of a data ecosystem serving investment and business, linked to the two-tiered local government model. Administrative procedures should not only be digitised, but also operate on a shared data platform, independent of administrative boundaries, helping businesses access information on planning, land, public assets, and investment procedures transparently and in real time.
Dong Nai Province is shifting from “attracting projects” to “partnering in developing the investment ecosystem.” Instead of competing solely through incentives, Dong Nai is selectively attracting high-tech, innovative, logistics, and green industrial projects linked to global value chains. Simultaneously, the province is focusing on completing strategic infrastructure, developing high-quality human resources, providing social housing for workers, and offering business support services, aiming to create conditions where investors can “arrive and start immediately, and stay and develop sustainably.”
Thanks to its favourable investment environment, many large FDI corporations such as Hyosung, Nestlé, C.P., Bosch, Lixil, Formosa, Amata, Pouchen, Changshin, have chosen Dong Nai as a long-term investment destination and continuously increased their capital to expand production and business, while an increasing number of large global enterprises are coming to Dong Nai to seek cooperation opportunities. In 2026, Dong Nai Province aims to attract 3 billion USD in FDI.
Working together for a prosperous future
Recognising Dong Nai’s continuous strengths as an attractive destination for foreign direct investment, representatives from many businesses believe that the current development of numerous industrial parks in Dong Nai Province, built according to green and environmentally friendly criteria, is a key factor in sustainable development, attracting the attention and choice of many foreign investors.
One of the pioneering units in approaching and forming a modern, environmentally friendly industrial park ecosystem in line with sustainable development trends in the vicinity of Long Thanh Airport is KN Holdings Group, which is accelerating the construction of infrastructure for the Bau Can-Tan Hiep and Xuan Que-Song Nhan industrial parks. The focus is on implementing a new generation industrial park model, aiming for net-zero emissions by 2050, oriented according to the ecological standards of the United Nations Industrial Development Organization.
At a conference announcing the Dong Nai Provincial Planning, Le Nu Thuy Duong, Vice Chairman of the Board of Directors of KN Holdings Group, shared: “We are witnessing a shift in foreign investment flows and a restructuring of global supply chains. Dong Nai has a strategic location in the Southeast region, connecting the South Central region, the Central Highlands, and the Mekong Delta.
The province’s comprehensive planning and green development goals will play a crucial role in making Dong Nai a focal point for attracting foreign direct investment. Having been a partner in the province's development for decades, we have been investing heavily in Dong Nai, focusing on industrial park infrastructure, high-tech agriculture, and new urban areas.”
Notably, the northern part of Dong Nai Province boasts advantages in lower land lease prices and investment costs compared to the southern part of the province; with increasingly improved inter-regional transportation connections, linked to national highways, expressways, and the Central Highlands-Southeast region corridor; and an abundant, easily accessible, and stable workforce, it has become the largest magnet for foreign direct investment in the country.
According to Pham Viet Phuong, Deputy Head of the Dong Nai Industrial Parks and Economic Zones Management Board, out of the total planned industrial land area in the province, the northern part of Dong Nai alone has 32 industrial parks with an area of over 18,000 hectares and the Hoa Lu Border Gate Economic Zone.
With the occupancy rate in the northern industrial parks currently only reaching 49%, this area still has much room for development and attracting investors. Furthermore, due to its unique characteristics of having large, contiguous plots of clean industrial land, it is very suitable for new projects, large-scale production projects, and supporting industries.
Meanwhile, in the southern part of the province, with the attraction of Long Thanh International Airport and regional transportation infrastructure projects, modern commercial service centres are being invested in, making Dong Nai an attractive destination, especially for the development of processing industries, agricultural processing, and logistics, closely following the province's overall direction for a prosperous and sustainable future.
With a well-planned strategy and high level of proactiveness, Dong Nai will not only maintain its leading position in attracting investment but also gradually form a smart industrial ecosystem, spreading sustainable value to the region and the nation.
To date, the province has established 58 industrial parks, of which 43 are operational with a total area of over 14,600 hectares, attracting 2,255 foreign direct investment projects from 51 countries and territories, with a total investment of over 43 billion USD. This is compelling evidence of investors’ confidence in this promising region, currently considered a “magnet” attracting leading corporations and businesses worldwide.
