Vietnam’s Dong Nai Province gives nod to 4 foreign-invested projects worth $156mn

The People’s Committee of Dong Nai Province in southern Vietnam on Monday issued investment registration certificates to four foreign-invested projects with a total pledged capital of US$156.4 million. This is the first certificate issuance to new foreign direct investment (FDI) projects in the province this year. Another new FDI project getting the nod from the provincial administration is K-Upa, which is executed by South Korea’s KCTC Vina Company. Representatives of new FDI projects receive certificates to invest in Dong Nai Province, a neighbor of Ho Chi Minh City. The combined capital injection from 72 newly registered FDI projects amounted to over $416 million.