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Dong Nai "Screens" FDI Projects

Resolution No. 10-NQ/TW, issued by the Politburo on June 8, 2026, on the development of the foreign-invested economy (FDI), has provided fresh momentum for Dong Nai City. This landmark resolution is expected to guide the city in restructuring both its industrial landscape and the quality of its industrial development.

According to Vo Tan Duc, Deputy Secretary of the Dong Nai City Party Committee, Dong Nai was not only the first locality in Vietnam to develop industry on a large scale but also among the earliest to establish large centralized industrial parks (IPs) and attract FDI. This long history of industrial development and foreign investment has shaped the city's economy into what it is today.

No Longer a Destination for Low-Value Manufacturing

Recognizing the long-term impact of FDI attraction, Dong Nai has in recent years firmly rejected projects from foreign-invested enterprises that use outdated, low-tech, labor-intensive production methods or pose environmental risks. More importantly, the city has made it clear that it will no longer accept projects focused solely on low-value, labor-intensive manufacturing. Continuing to attract such investments, officials believe, would trap the locality in a low-income growth model and limit its long-term development potential.

Sinh viên trải nghiệm không gian số tại Trường đại học Công nghệ Đồng Nai.

Students experience digital technologies at Dong Nai University of Technology.

Dong Nai has also been aggressively restructuring its industrial development space. A notable example is the closure of Bien Hoa 1 Industrial Park, one of the oldest industrial parks in Vietnam. The park had long been home to factories involved in steel production, chemicals, garment manufacturing, textiles, and wood processing—industries associated with high environmental pollution risks. Successfully relocating these factories demonstrates Dong Nai City's determination not to pursue economic growth at the expense of environmental sustainability.

According to experts from the Ho Chi Minh City University of Economics, Dong Nai enjoys unique competitive advantages thanks to its well-developed infrastructure, including an international airport, seaports, expressways, and, in the future, urban rail lines and the North–South High-Speed Railway. These infrastructure assets continue to increase the value of industrial and service land across a broad area. In particular, major projects such as Long Thanh International Airport, Phuoc An Port, and the Cai Mep–Thi Vai Port system are highly interconnected, creating significant logistical advantages.

Truong Thi Huong Binh, Member of the Standing Committee of the Dong Nai City Party Committee and Director of the Department of Finance, said the city is prioritizing high-tech FDI projects over labor-intensive, low-technology investments with limited economic value. This strategy has already produced encouraging results, with a growing number of high-tech enterprises establishing factories in Dong Nai in sectors such as semiconductors, integrated circuits, electronics, and advanced medical equipment. These projects are expected to deliver long-term economic benefits while maintaining strong commitments to environmental protection.

A New Mindset for Attracting FDI

During recent meetings with government agencies and local authorities—particularly in industrial development hubs—Vu Hong Van, Member of the Party Central Committee, Secretary of the Dong Nai City Party Committee, and Head of the city's National Assembly Delegation, emphasized the need for a fundamental shift in development thinking.

He noted that the traditional mindset—viewing a large number of industrial parks and factory workers as a symbol of success—is no longer suitable for the city's new stage of development. Instead, Dong Nai should focus on attracting high-tech enterprises that require less land, energy, electricity, and labor while generating high added value and making greater contributions to the state budget.

Vu Hong Van further emphasized that Dong Nai will use Long Thanh International Airport as the city's primary growth engine for future planning and industrial development. Strategic locations surrounding the airport will be reserved for high-tech industrial parks, next-generation technology zones, information technology centers, and logistics hubs capable of generating significant added value. Companies investing in Dong Nai will be expected not only to bring capital but also advanced technologies and innovation. At the same time, the city plans to facilitate the expansion of modern industrial investment into its northern region (formerly part of Binh Phuoc Province) to promote economic growth and improve local living standards.

Vu Hai Quan, Member of the Party Central Committee and Minister of Science and Technology:

Dong Nai Needs Breakthrough Policies to Attract High-Tech FDI

Many semiconductor companies, including ASML from the Netherlands and Coherent from the United States, are considering investing in or expanding production in Dong Nai. However, the city should take a more proactive approach by partnering with investors through co-investment initiatives, as several other provinces and cities have successfully done to attract semiconductor projects. At the same time, Dong Nai should invest in shared international-standard laboratories and urgently develop a long-term strategy for training highly skilled professionals in semiconductor design and chip manufacturing.

To ensure that its commitment to "rolling out the red carpet" for investors becomes a reality rather than merely a slogan, Dong Nai is working to create a transparent, fair, and welcoming investment environment for both domestic and foreign investors with advanced technologies and high value-added projects. The city is accelerating the development of three next-generation industrial parks, including two located adjacent to Long Thanh International Airport. Infrastructure construction is already underway, alongside investment promotion activities.

According to Nguyen Tuan Anh, Deputy General Director of KN Holdings, Dong Nai City has created highly favorable conditions for the group to develop the Bau Can–Tan Hiep and Xuan Que–Song Nhan industrial parks. As Dong Nai's first next-generation industrial parks, they are strategically located near Long Thanh International Airport, Phuoc An Port, and the Cai Mep–Thi Vai Port complex. These advantages are expected to attract leading global technology companies in semiconductor manufacturing, chip production, electronics, medical equipment, logistics, and the aerospace industry.

Công Nghĩa

Source: Báo Đồng Nai

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