Dong Nai Province: A Leading Industrial Hub in Vietnam's Economic Growth

Strategic Insights -

Dong Nai Province, home to Vietnam's first industrial park established over 60 years ago, has evolved into a major industrial hub in Vietnam. With a selective investment approach, the province aims for modern, sustainable, and environmentally friendly industrial development. From its first industrial park, the Bien Hoa Industrial Zone, to a leading industrial hub, Dong Nai has expanded its network of industrial parks and adopted a more sustainable approach to industrial development.

Key Takeaways:

  • Dong Nai Province has 81 planned industrial parks spanning over 39,000 hectares, with 59 established, covering a total of 21,700 hectares.
  • The province has attracted major global corporations, including Cargill (USA), Vedan, Tripod, Formosa (Taiwan), Nestl (Switzerland), Hyosung, Changshin (South Korea), Ajinomoto, Lixil (Japan), and C.P., Amata (Thailand).
  • Germany's Bosch Group operates a CVT belt manufacturing plant in Long Thanh Industrial Park, covering over 16 hectares, and is among Dong Nai's top FDI contributors.
  • The province has adopted a selective approach to investment attraction, focusing on high-tech, low-land-use, and high-value-added industries, aiming to minimize environmental impact and promote sustainable development.
  • Dong Nai is promoting the development of eco-industrial parks, with Amata Industrial Park serving as a pioneering model, and plans to expand eco-industrial initiatives in other parks, including Long Duc, Phuoc An, and Bau Can - Tan Hiep.
  • The province has set out a roadmap to achieve net-zero emissions by 2050, with industry identified as one of seven priority sectors, and is focused on developing green, ecological industrial parks that meet net-zero standards.
  • Key investors, such as Techstra Infrastructure Investment and Development JSC, are exploring opportunities to expand the industrial park network, with the Southeast Dong Phu Industrial Park expected to cover approximately 2,000 hectares.

Statistics:

  • 81 planned industrial parks in Dong Nai Province spanning over 39,000 hectares.
  • 59 established industrial parks covering a total of 21,700 hectares.
  • 16 hectares covered by Bosch's CVT belt manufacturing plant in Long Thanh Industrial Park.
  • 2,000 hectares expected to be covered by the Southeast Dong Phu Industrial Park.

Sources:

  • "Dong Nai Province: A Leading Industrial Hub in Vietnam's Economic Growth" (unspecified date)
  • "Bien Hoa Industrial Zone, first IP established in 1963" (unspecified date)
  • "Germany's Bosch Group operates a CVT belt manufacturing plant in Long Thanh Industrial Park" (unspecified date)
  • "Dong Nai has adopted a selective approach to investment attraction, focusing on high-tech, low-land-use, and high-value-added industries" (unspecified date)
  • "Dong Nai is promoting the development of eco-industrial parks" (unspecified date)
  • "The province has set out a roadmap to achieve net-zero emissions by 2050" (unspecified date)