Dong Nai aims to become one of Vietnam's largest economic centres by 2030: Official

The southern province of Dong Nai aims to become one of Vietnam's three largest economic centers, after Hanoi and Ho Chi Minh City, according to the province's development goals for 2030.

The southern province of Dong Nai has ambitions to become a center for international trade, tourism, and services, with a world-class urban area based on smart models, with an additional focus on developing the green economy.

Dong Nai aims to become one of Vietnam's largest economic centres by 2030
Bien Hoa 1 Industrial Park in Dong Nai plans to build green industrial parks, innovation centers, and centralized information technology parks. (Source: VNA)

According to the Vice Chairwoman of the provincial People's Committee Nguyen Thi Hoang, Dong Nai has many opportunities to take the lead in forming and developing the three main economic axes of the Southern region, including the Southeast, the Southwest, and a maritime economic corridor.

To achieve those targets, Dong Nai will focus on improving the business and investment environment to create favorable conditions for businesses, with a special emphasis on becoming an ideal and safe destination for investors.

The province is offering many other solutions to attract investors and quickly deploy transport projects with a system connecting it to other locations in the Southeast region and other economic regions, including Long Thanh Airport and Bien Hoa Airport.

Dong Nai plans to build green industrial parks, innovation centers, and centralized information technology parks. Projects will include developing an airport urban area, a Long Thanh airport ecological urban area, and Dong Nai riverside urban chains, with priority given to Bien Hoa City, Long Thanh District, and Nhon Trach District.

Dong Nai wants to exploit the Long Thanh International Airport and Phuoc An Port to form a smart, synchronous, and effective logistics center.

In the largest investment project in the country to date, the Long Thanh Airport's first phase is expected to be put into operation in 2026.

Secretary of the Provincial Party Committee Nguyen Hong Linh said that when infrastructure projects come into operation, including the Long Thanh Airport, the Bien Hoa Airport, ring roads 3 and 4, Ben Luc - Long Thanh and Bien Hoa - Vũng Tàu expressways, and the Cát Lái bridge, those will be new driving forces for the development of Dong Nai, as well as localities in the Southeast region.

The province has outlined solutions to create resources for carrying out the planning, including mobilization of investment capital, human resource development, application of science and technology, the building of linkage mechanisms between the province and other parts of the economic regions, and control of urban and rural development.

Dong Nai is located in the southern key economic region and is a gateway connecting the Southeast region with many other economic areas of Vietnam. The province's economic growth in the period 2021-2023 reached around 7 per cent, while its GDP per capita was nearly 140 million VND (5,714 USD), 1.6 times higher than that in the rest of the country.

In particular, the industrial sector is a driver of the province's economic growth with most of the 32 industrial parks (IZs) operating with an occupancy rate of over 86 per cent.

Dong Nai is one of the top localities in attracting domestic and foreign investment in Vietnam with 2,100 projects, including 1,456 foreign-invested projects with a total investment of nearly 30 billion USD and 652 domestic projects, amounting to 79 trillion VND.

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(Source: VNA)