FDI enterprises invest heavily in supporting industry.

Manufacturing machinery and equipment for export at Boss Industrial Co., Ltd. in Song May Industrial Park (Tran4g Bom district)
In the province, FDI enterprises in supporting industry sector have played a significant role in the global supply chain. This is also the area where FDI enterprises attach great importance to applying modern technology to meet the requirements of domestic and foreign customers.

* Attracting many large corporations.

From 2019 up to now, the province's industrial zones have received many new large-capital projects on supporting industry, such as: Otsuka Techno Vietnam Co., Ltd project (Japan) in Nhon Trach 6 Industrial Park (Nhon Trach district), with a registered capital of 72 million USD, specialized in manufacturing electronic components. Sebang Battery Vina Co., Ltd (Korea) project in Nhon Trach Textile and Garment Industrial Park, with registered investment capital of more than 60 million USD, produces batteries and rocket batteries. Factory project of Dae Young Textile Vietnam Co., Ltd (Korea) in Nhon Trach 6 Industrial Park, with registered investment capital of 16 million USD, manufactures fabrics. Hansol Electronics Vietnam Co., Ltd Hochiminhcity (Korea) project in Ho Nai Industrial Zone phase 2 (Trang Bom district - Bien Hoa city), with a total capital of 100 million USD, produces electronic components ...

Over the last two years, a variety of FDI enterprises have increased their capital to build factories and manufacture input materials for the domestic and export markets such as SMC Manufacturing Vietnam Co., Ltd (Japan) Project in Long Duc Industrial Park (Long Thanh district) which increased its investment capital by 72 million USD to manufacture cylinders, valves, valve assemblies, and pneumatic equipment details. Schaeffler Vietnam Company Limited (Germany) project in Amata Industrial Park (Bien Hoa City), increased capital by 50 million USD to produce big and small ball- bearings for industrial and agricultural machines, robots. Bosch Powertrain Solutions factory project in Vietnam (Netherlands) in Long Thanh Industrial Park (Long Thanh District), increased capital by nearly 94 million USD increasing the capacity of the factory to produce car components. Hung Nghiep Formosa Company Limited (Taiwan) in Nhon Trach 3 Industrial Park increased capital nearly 93 million USD to produce yarns for export and domestic consumption. SMC Manufacturing Vietnam Co., Ltd (Japan) in Long Duc Industrial Park  increased by 70 million USD ...

According to Mr. Georg F.W. Schaeffler, Chairman of the Schaeffler Group, after a period of highly successful investment in Dong Nai, the group decided to increase capital, build factories, and set up more automatic production lines using 4.0 technology to produce modern ball bearings, meet the needs of the international market. The Schaeffler Group intends to expand to increase investment in Dong Nai.

* Many new projects invest in supporting industry.

Over the last four years, FDI enterprises’ new investment projects invested in Dong Nai industrial zones have had approximately 40% of supporting industry. Therefore, the supporting industry of Dong Nai is rapidly developing, follow the requirements of the province as well as the whole country, focus on attracting and developing supporting industry in order to increase the products’ localization rate. Korea, Japan, Taiwan, and Europe are the countries and territories that have made significant investments in the supporting industriy in Dong Nai. In which, invest in products such as electronics, components, equipment, spare parts, textile fibers, fabrics...

Mr. Watanabe Nobuhiro, Consulate General of Japan in Ho Chi Minh City said: “About 3-4 years ago, Japanese enterprises have continuously invested and expanded projects in Dong Nai. With a total registered capital of nearly 5 billion USD, Japanese enterprises currently ranked third among countries and territories investing in the province. Japanese companies invest heavily in the production of machinery components and equipment for domestic market and exporting”. In recent years, the average investment capital of Japanese enterprises in Dong Nai has increased by 200-250 million USD/ year.

Vi Quan