As of mid-April 2024, there are more than 53 thousand registered enterprises in Dong Nai area. Vietnamese businesses have made great contributions to the socio-economic development of Dong Nai as well as the whole country over the past decades.
| Production of confectionery at Bibica Joint Stock Company. Photo: V.Gia |
Many Vietnamese businesses originating from Dong Nai have continuously developed, becoming national brands, large corporations, reaching out to the world. Today, the attractiveness and attraction of investment in the province has been creating conditions to continue building a team of businesses that are gradually growing stronger.
* Famous brands come from Dong Nai
In 1999, Bibica Joint Stock Company in Bien Hoa 1 Industrial Park was officially established. Currently, Bibica, with 3 manufacturing plants in 3 regions of the country, has supplied products to 3,000 supermarkets, convenience store chains and a distribution system with more than 140,000 sales points throughout Vietnam. At the same time, Bibica is also present in 21 countries and territories around the world including: America, Taiwan, China… According to the 2024 production and business plan recently approved at the shareholders’ meeting. , Bibica sets a net revenue target of VND 1,750 billion, an increase of 18% compared to 2023. If completed, this will be the highest revenue level in the business’s operating history.
When talking about businesses originally from Dong Nai, it is impossible not to mention the Thaco brand of Truong Hai Group. Truong Hai Group Joint Stock Company was established as a small enterprise but has now become a billion-dollar corporation, exporting cars and other products to many countries around the world. This group has a system of major automobile assembly and production factories in Quang Nam province, and a wide distribution system throughout the country. Truong Hai is promoting the development of supporting industries with the role of gathering and connecting small and medium-sized enterprises together, building industrial parks for supporting industries and mechanical manufacturing.
| According to assessments of businesses that have been investing in Dong Nai area, competition in attracting investment between localities is increasingly fierce. Dong Nai’s advantages when compared to other neighboring provinces and cities are showing signs of slowing down. Therefore, businesses expect the Dong Nai government to continue to improve the investment and business environment. |
Taking the fields of mechanical engineering, manufacturing, and the automobile industry as the core, Truong Hai has expanded into a multi-industry corporation from services, real estate to agriculture… By the end of 2023, Truong Hai’s consolidated revenue Hai is more than 70 trillion VND and exports reached 268 million USD. Particularly, Chairman of the Board of Directors of Truong Hai Group Tran Ba Duong is one of the few Vietnamese businessmen on the list of USD billionaires in the world.
Dong Nai Tile Joint Stock Company (Tuildonai) is one of the enterprises with the longest history in the locality. To date, the company has invested in the world’s leading modern machinery and equipment, thereby increasing the total capacity of the company’s 3 factories to more than 300 million bricks and tiles/year. Thanks to its successes, the company was awarded the First Class Labor Medal by the President in 2000, achieved the title of High Quality Vietnamese Goods for more than 20 consecutive years, and many other titles and awards in Vietnam. domestically and internationally.
* Golden land attracts businesses
As a locality close to the largest consumer market in the country, Ho Chi Minh City, and the most important traffic connection point in the Southern region, for many years, Dong Nai has been and continues to be leading destination in attracting investment from domestic enterprises.
| Dong Nai has many famous Vietnamese brands such as: Sonadezi, Donagamex, Dovitec, GC Food, Bien Hoa Sugar, Nam Long, Trong Duc Cocoa… |
Investing in the Irradiation Plant Project at Long Thanh High-Tech Industrial Park, General Director of Anh Duong Irradiation Joint Stock Company Nguyen Quoc Truong said that this is a high-tech project, expected to be put into use from the first quarter of 2019. III-2024. Not only Anh Duong Company but many domestic and foreign businesses consider Dong Nai to be an attractive destination, worth investing and doing business. Dong Nai’s great advantage lies in the fact that it has been developing and perfecting the transportation infrastructure system, has available human resources and a large number of industrial parks and businesses, creating a comprehensive attraction. Especially, in the near future, when Long Thanh International Airport comes into operation, Dong Nai will also be the gateway for international exchanges, so it will be even more attractive to investors.
In addition, Dong Nai is the second largest export wood production “base” in the country, and is also home to the largest number of enterprises producing wood products for domestic use and supplying raw materials in the country.
Mr. Mai Huu Tin, Chairman of the Board of Directors of Truong Thanh Wood Industry Group Joint Stock Company, shared that Dong Nai has elements to gather human resources, technology, and premises to be able to restructure and rearrange the industry. wood not only in the province, but also in the whole country. Currently, large enterprises in the Vietnam Timber and Forest Products Association are proposing to the province the location to build the largest wood industry park in the country in Xuan Loc district. If implemented, this will be a center for research, creativity, and wood production with the goal of enhancing Vietnam’s fine art wood.
Van Gia
