In pursuit of sustainable economic growth, Dong Nai City is accelerating the transformation of its industrial sector through deeper, higher-quality development. This includes converting traditional industrial parks into eco-industrial parks and attracting investment in new industrial parks that comply with rigorous green development standards.

By proactively removing bottlenecks, fostering a fair and transparent business environment, and positioning itself to capitalize on a new wave of investment following the completion and upcoming operation of key strategic transport infrastructure projects, Dong Nai is taking decisive steps to elevate its industrial development in the new era. These proactive measures not only enhance the value generated by industrial activities but also optimize land-use efficiency and reduce the demand for additional industrial land.

Efficient Investment, Expanded Production

Viet My Dong Nai Production and Trading Company Limited is investing in the expansion of a new manufacturing facility at Dau Giay Industrial Park, specializing in the production of interior and exterior furniture for export to the United States, Europe, and Canada.

The company has accelerated the implementation of this strategic expansion following more than five years of successful operations within the industrial park. During this period, it has achieved strong business performance while creating stable employment and income opportunities for hundreds of local workers.

Ms. Dao Thi Hien – Human Resources Director, stated that since commencing operations, the company has consistently received strong support, close cooperation, and effective coordination from both the industrial park infrastructure operator and the local authorities. This support was especially evident during the peak of the COVID-19 pandemic in 2021, when the company benefited from timely assistance that helped maintain its operations and workforce stability.

Robots are used in the production process at Viet My Dong Nai Production and Trading Company Limited

“During the most challenging times, the timely support and assistance provided under the principle of ‘leaving no one behind’ enabled our company to overcome the pandemic, quickly stabilize production and business operations, and continue growing to the point where we are now able to expand our operations. Some infrastructure constraints, particularly the road network within the industrial park, have also been recognized by the local authorities and are being actively addressed through road expansion projects to better meet the needs of businesses,” Ms. Hien shared.

Dau Giay Industrial Park enjoys a strategic transportation location, with convenient access to National Highway 1A, National Highway 20, and Provincial Road 769, which provides a direct connection to Long Thanh International Airport.

Established in 2008 with a total planned area of more than 330 hectares, the industrial park had leased out all of its commercial land—covering more than 220 hectares—by the end of 2025, achieving a 100% occupancy rate for Phase 1. It currently accommodates 57 investors leasing land and factory facilities, including 25 foreign direct investment (FDI) enterprises.

Revenue from the industrial park’s infrastructure business has continued to grow steadily, resulting in increasing contributions to the state budget each year. In response to the strong and growing demand for industrial land, the infrastructure developer is expediting the completion of the necessary procedures to commence the development of Phase 2 of Dau Giay Industrial Park in accordance with the approved master plan.

Dau Giay Industrial Park is undergoing its transformation into an eco-industrial park

Mr. Nguyen Thanh Son – General Director of Dau Giay Industrial Zone Joint Stock Company, stated that the Company is currently completing the necessary procedures to implement Phase 2 of the project, covering more than 145 hectares, with the strategic objective of developing it as an eco-industrial park.

According to preliminary estimates, the new development phase is expected to generate total revenue of more than VND 12.75 trillion, with projected profit after tax of approximately VND 8.86 trillion. The project is also expected to contribute nearly VND 4.35 trillion to the local budget while creating substantial employment opportunities for local workers.

At the same time, manufacturers already operating within the industrial park are being encouraged to gradually transition from traditional industrial production models to eco-industrial practices, with a strong emphasis on resource efficiency, the use of renewable energy, and the development of modern social amenities.

“In parallel with developing integrated infrastructure and incorporating smart technologies to optimize park operations, we are strengthening our investment promotion efforts and offering attractive incentives to encourage investors to develop rental worker accommodation. This will provide employees with stable living conditions, enabling them to remain committed to their jobs over the long term,” Mr. Son said.

Dau Giay Industrial Park enjoys a strategic location with excellent transport connectivity.

Focusing on Attracting High-Tech Industries

In addition to being one of Vietnam’s leading enterprises in rubber cultivation and processing, Dong Nai Rubber Corporation Limited has established industrial park development as another of its core strengths. Besides its subsidiaries developing Dau Giay Industrial Park and Long Khanh Industrial Park, the Corporation also holds equity investments in three other industrial park infrastructure development companies.

Dong Nai Rubber Corporation Limited aims to become one of the most reputable industrial park infrastructure developers in the Southeast region by 2035, serving as a preferred destination for high-tech investors and contributing to Dong Nai City’s ambition of becoming a leading industrial, service, and logistics hub.

“Our industrial park development strategy goes beyond expanding infrastructure investment. We are committed to developing a new generation of industrial parks that are green, smart, modern, and sustainable, meeting the requirements for attracting high-quality investment capital and aligning with the ongoing global shift in supply chains,” affirmed Mr. Do Minh Tuan – General Director of Dong Nai Rubber Corporation Limited.

Dong Nai Rubber Corporation is developing a new generation of industrial parks based on the principles of green, smart, modern, and sustainable development.

Dong Nai Rubber Corporation Limited has proactively reviewed its entire land portfolio and completed the necessary procedures to register as the project developer for industrial parks and industrial clusters when rubber plantation land is converted to industrial use in accordance with Dong Nai City’s industrial and service development plan.

According to Mr. Do Minh Tuan, industrial park development will become a new pillar of growth alongside the Corporation’s traditional business activities. It will generate resources for reinvestment in production, improve employees’ livelihoods and incomes, and contribute to achieving the City’s goal of rapid and sustainable development.

Dong Nai City currently has 44 industrial parks operating effectively out of 58 established industrial parks. Under the master plan approved by the Prime Minister, this number is expected to increase significantly to 89 industrial parks by 2030, further strengthening the City’s position as one of Vietnam’s leading industrial and investment destinations.

Dong Nai City is making determined efforts to transform and elevate its industrial development for the next stage of growth.

The competent authorities are accelerating the implementation of plans to transform existing industrial parks into green industrial parks and eco-industrial parks. Meanwhile, all newly established industrial parks are required to be developed in accordance with eco-industrial principles and to fully comply with green development standards.

According to Mr. Nguyen Van Ut – Chairman of the People’s Committee of Dong Nai City, the local government is conducting a comprehensive review of the City’s industrial land resources and the investment capacity of its 44 operational industrial parks. The assessment will serve as a basis for evaluating Dong Nai’s competitiveness relative to other localities in the region in terms of industrial land lease rates, technical infrastructure, logistics services, and transportation connectivity.

Based on these assessments, Dong Nai will continue to modernize and refine its investment promotion strategy by adopting a more focused and targeted approach. Priority will be given to attracting high-tech, supporting industry, and green industry projects, while gradually transitioning from multi-sector industrial parks to specialized, high-tech industrial parks.

Dong Nai is transforming its existing industrial parks into green and eco-industrial parks.

Regarding Dong Nai City’s industrial development, Prime Minister Le Minh Hung, in his concluding remarks at a working session with the Standing Committee of the Dong Nai City Party Committee, emphasized that the growth drivers generated by existing industrial parks and industrial clusters have reached their limits, characterized by low value-added production and heavy reliance on labor-intensive industries.

He stressed that Dong Nai City should further strengthen and consolidate its position as a modern industrial center for both the Southern Key Economic Region and the nation. The City should pursue a more selective approach to attracting investment into its industrial parks and shift its development mindset from “high-volume production and raw exports” to “green exports, digital exports, and high value-added products.”

Through coordinated, proactive, and forward-looking measures to improve the quality of incoming investment, Dong Nai is expected to attract an increasing number of high-quality projects capable of generating new growth drivers and creating strong momentum for what has long been recognized as Vietnam’s industrial capital.

Source: Nhan Dan Newspaper