Promoting investment in industrial parks in Northern Dong Nai

After the merger, the northern area of Dong Nai Province was newly planned as a key zone for developing new industrial parks, attracting large investment capital and meeting long-term, large-scale clean land demands for businesses.

During the 2025–2030 term, Dong Nai Province aims to become a modern, ecological processing and manufacturing industrial hub. The province focuses on new key areas, including promoting industrial land development in the northern region with 32 planned industrial parks covering more than 18,000 hectares and attracting strategic investors for project development.

Industrial park infrastructure investment capital shifts to the North.

According to Dong Nai leaders, as land resources in the southern area become increasingly limited, the province is prioritizing the development of industrial parks and clusters in the northern region—where there is substantial remaining capacity and long-term development potential. In addition, the transport infrastructure system with direct connectivity is being synchronously invested, creating an important driving force for the entire region in the coming period.

Sonadezi—a leading industrial park developer—is studying investment in new industrial parks in northern Dong Nai.

Sonadezi—a leading industrial park developer—is studying investment in new industrial parks in northern Dong Nai.

Along with the province’s orientation and determination, industrial park infrastructure investment capital is being restructured and shifted by many businesses toward northern Dong Nai. Specifically, Sonadezi—the pioneering enterprise in industrial park infrastructure—has planned to research and develop industrial parks and projects in its business portfolio in the new northern area of Dong Nai (formerly Binh Phuoc Province).

Sonadezi was established by the Dong Nai People’s Committee in 1990 as the first enterprise to develop the industrial park model nationwide. By 2025, the company had 12 industrial parks in operation, covering about 4,600 hectares. Sonadezi’s industrial parks have attracted nearly 1,000 FDI and DDI enterprises with total investment capital of around USD 12 billion and over VND 30,000 billion, creating jobs for more than 400,000 workers.

During the visit and congratulatory event for Sonadezi on Vietnam Entrepreneurs’ Day (October 13, 2025), leaders of the Dong Nai Provincial Party Committee requested that Sonadezi continue to promote its role and position as one of the province’s major corporations; research and invest in projects to effectively exploit the large development space of Dong Nai after its merger with Binh Phuoc.

Sonadezi leaders stated that in line with the orientation of the Dong Nai Provincial Party Committee and People’s Committee regarding participation in the development of industrial parks, residential areas, and technical infrastructure such as water supply, environment, and logistics, the corporation and its member companies have surveyed investment opportunities in Tan Loi Commune, Tan Khai Commune, Dong Phu Commune, Chon Thanh Ward, and Minh Hung Ward.

During 2026–2030, Sonadezi aims to invest in at least two additional industrial parks and two residential areas, with estimated investment costs of around VND 36,000 billion.

Alongside enterprises promoting investment in new industrial parks such as Sonadezi and Techtra, existing industrial park developers such as Becamex–Binh Phuoc, Minh Hung–Sikico, Minh Hung III, Nam Dong Phu, Bac Dong Phu, and Chon Thanh I, II, III are accelerating progress and completing infrastructure to attract FDI into northern Dong Nai.

Synergizing the capacity of the ‘leading crane enterprise’ and the local value chain

Over the 35 years since the Dong Nai People’s Committee established its first industrial park enterprise Sonadezi Bien Hoa and launched its first product—Bien Hoa 2 Industrial Park—in 1993, Dong Nai has become one of the Top 5 localities nationwide in attracting FDI, with 57 industrial parks established and more than 2,200 FDI projects totaling nearly USD 42 billion in registered capital.

Dong Nai has developed a diverse business ecosystem with many major names, including state-owned enterprises responsible for developing economic–industrial infrastructure such as Sonadezi and Dofico; large corporations such as Truong Hai, Nam Long, and KN Holdings; along with major FDI investors such as Hyosung, Nestlé, C.P, Bosch, Lixil, Formosa, Amata, Pouchen, and Chang Shin.

Dong Nai has attracted many large FDI enterprises. Pictured: The Bosch manufacturing plant in Long Thanh Industrial Park.

Dong Nai has attracted many large FDI enterprises. Pictured: The Bosch manufacturing plant in Long Thanh Industrial Park.

Considering its potential and strategic advantages, Dong Nai is positioned to enter a ‘golden growth cycle’ with outstanding value chains. With Long Thanh Airport, large-scale industrial parks, a central position within the mega-economic region, and multimodal connectivity—including road, air, and sea transport—Dong Nai plays an important role in shaping regional competitiveness in the southern economic zone.

In 2025, Dong Nai attracted more than VND 163,000 billion in DDI and over USD 3 billion in FDI—ranking among the highest nationwide and exceeding annual targets—reflecting the province’s strong and sustainable investment appeal. This momentum is a key driver for accelerating the development of new industrial parks.

According to Sonadezi leaders, with Dong Nai’s strategic value chain and the supportive governance of local authorities, the corporation will devote resources and commitment to industrial park projects in the northern region of the province.

Sonadezi assesses that northern Dong Nai has advantages such as lower land-lease prices and investment costs compared to the southern region and nearby provinces; increasingly improved inter-regional transportation networks linked to national highways, expressways, and corridors connecting the Central Highlands and Southeast region; and an abundant and stable labor force.

Therefore, the corporation expects that expanding into northern Dong Nai will help it create successful destinations similar to its existing industrial parks in the southern region—Bien Hoa 2, Long Thanh, Nhon Trach 2, Giang Dien, and Go Dau—this meeting investor need for large industrial land plots, long lease terms, and stable, affordable rental rates.

Sonadezi aims to develop new industrial parks along with a large-scale green industrial ecosystem.

Sonadezi aims to develop new industrial parks along with a large-scale green industrial ecosystem.

Sonadezi’s 10 industrial parks in Dong Nai have reached an average occupancy rate of more than 90%, higher than the provincial average of 76%, attracting around USD 11 billion in FDI and accounting for 26% of total FDI into industrial parks in the province.

In addition to new industrial park investments, the Sonadezi system is expanding strongly into residential real estate, construction, port services, industrial waste and wastewater treatment, clean water supply, and human resources training to serve a broader market. The goal is to develop a large-scale, sustainable industrial ecosystem.

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