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FDI investment in manufacturing and business increases by 9%

(News Portal – Dong Nai) - According to the Dong Nai Industrial Zones Authority, in the first two months of 2024, foreign direct investment (FDI) enterprises in industrial parks in the province have invested over $1.78 billion in production and business, an increase of about 9% compared to the same period last year. 

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Production of export-oriented machinery components at an FDI enterprise. 

FDI enterprises in industrial parks produce over 80% of goods for export to more than 170 countries, territories, and nearly 20% for domestic consumption. The major export markets for FDI enterprises are the United States, Europe, Japan, China, and South Korea.

FDI enterprises have stated that although the number of orders has increased compared to last year, it is still not abundant. Therefore, these enterprises must continue to increase trade promotion efforts to expand the consumer market. With better export conditions, many FDI enterprises are confident in disbursing funds to construct new buildings and expand production workshops. ​

Author: Song Le

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