3:13:50 PM | 5/26/2025
Dong Nai has now developed into a strategic destination for global corporations, driven by a policy of selective foreign direct investment (FDI) that focuses on high technology and sustainable development.
Vice Chairman of Dong Nai Provincial People's Committee Duong Minh Dung
Three decades ago, as Vietnam began its journey of economic integration, Dong Nai was among the first provinces to position itself as a host for foreign investment. At the time, the region was still undergoing transformation, and its infrastructure remained underdeveloped, logistics were heavily reliant on Ho Chi Minh City’s ports, and the investment framework was in its infancy. In such a context, attracting foreign investors posed a significant challenge, requiring bold leadership from local authorities and a long-term strategic vision.
Between 1991 and 1995, Dong Nai welcomed its first major foreign investment projects from global corporations such as Cargill (U.S.), C.P. Group (Thailand) and Nestlé (Switzerland). These early investors not only brought in capital but also helped set new standards in production, food safety, environmental protection and sustainability. This laid the foundation for Dong Nai to build its reputation as the “industrial gateway” of southern Vietnam and a critical link in the regional supply chain.
Dong Nai prioritizes quality over quantity in FDI, targeting investors with advanced, eco-friendly technologies that use land efficiently and protect infrastructure. Focus sectors include processing, manufacturing, electronics, precision engineering, and high-tech food production, aligned with green and circular economy goals.
As of early 2025, Dong Nai is home to 34 operational industrial parks covering more than 10,500 hectares, hosting over 1,673 FDI projects from 48 countries and territories. The total registered investment capital exceeds US$35 billion, with major contributions from South Korea, Japan, Taiwan, Thailand and Singapore. While each country brings its own development strategy, they share a common commitment to long-term investment, environmental compliance, labor standards and corporate governance in Vietnam.
Among standout FDI enterprises, Nestlé has become a model for sustainable and strategic investment, aligning perfectly with Dong Nai's vision for foreign capital. Since entering Vietnam in 1995, Nestlé has continuously expanded its operations in the province, particularly through the Nestlé Tri An factory in the Amata Industrial Park. This facility is among the most advanced coffee processing plants in the region, integrating cutting-edge technology and pioneering sustainable production models.
Sonadezi Giang Dien, Dong Nai province is a favored destination for investors
In 2024, Nestlé announced a US$75 million investment to expand its Tri An plant, raising total investment to over VND4.3 trillion - a sign of its confidence in Dong Nai’s business climate. The facility leads in green initiatives like using coffee grounds for biomass fuel, making eco-bricks, organic fertilizers, water reuse, and achieving zero landfill waste since 2015. Nestlé also contributes to local jobs, tax revenue, and community programs in education and healthcare.
“We consider Vietnam in general and Dong Nai in particular as key pillars in Nestlé’s long-term development strategy,” said Mr. Binu Jacob, CEO of Nestlé Vietnam. “A stable investment environment, proactive support from local authorities, and shared commitment to sustainability have given us the confidence to expand, innovate and contribute meaningfully to the community.”
The success of projects like Nestlé is not an isolated case. It reflects the synergy between the province’s clear development strategy, the consistent execution capacity of local authorities, and the unwavering commitment of investors. The provincial government in Dong Nai regularly engages with business communities from South Korea, Taiwan, Japan, and other investors to address challenges and support enterprises during tough times, like the pandemic or global economic fluctuations.
From a developing industrial zone, Dong Nai has transformed into a strategic hub for manufacturing and logistics in southern Vietnam. The province is entering a new development phase focused on innovation, high-value industries and sustainability. Its goal is not just growth in scale but also in investment quality, ensuring balanced benefits for the state, investors and local communities.
Mr. Duong Minh Dung, Vice Chairman of Dong Nai Provincial People’s Committee, emphasized: "With a sustainable development strategy, cutting-edge technology and a strong commitment to people, the environment, and the community, FDI enterprises have generated thousands of jobs and made substantial contributions to the provincial budget. These efforts have significantly improved living standards and accelerated Dong Nai’s socio-economic progress. The provincial government pledges to support businesses with practical measures to enhance the investment climate, reduce informal costs and ensure long-term policy consistency, so investors can feel secure in operating and expanding their ventures in Dong Nai."
This journey is ongoing. Today’s achievements result from decades of policy development and consistent execution. In a competitive regional landscape, Dong Nai shows that a clear strategy, strong partnerships and long-term vision are key to building investor trust, particularly with those prioritizing responsibility and sustainability.
By Thu Huyen, Vietnam Business Forum
Vietnamese
