Dong Nai, now recognized as Vietnam's largest city by area, is intensifying efforts to attract foreign direct investment (FDI) by capitalizing on the ongoing construction of Long Thanh International Airport, which is positioned to become a major transportation hub for southern Vietnam [1]. The Airports Corporation of Vietnam is overseeing the airport's construction, with the main terminal still under development as of June 2024 [1].
The municipality's strategy centers on enhancing transport links to the new airport, aiming to establish Dong Nai as a gateway for investors targeting Ho Chi Minh City and the broader southern region [1]. This initiative aligns with the central government's administrative reforms designed to streamline processes and make it easier for international companies to establish operations in Vietnam [1].
Local authorities are prioritizing infrastructure development, particularly projects related to the airport, to accommodate increasing demand from logistics, manufacturing, and service industries [1]. Market observers suggest that the successful completion of these infrastructure projects could significantly boost FDI inflows, potentially making Dong Nai more competitive and drawing investment away from other regions [1].
The expansion of transportation infrastructure around Long Thanh International Airport is viewed as essential for supporting the expected influx of businesses and travelers, and is anticipated to contribute to Vietnam’s broader economic growth objectives [1].
CONCLUSION
Dong Nai's focus on infrastructure and administrative reforms, centered around the Long Thanh International Airport project, is expected to enhance its appeal to foreign investors. Market observers believe that successful execution of these plans could accelerate FDI inflows and support Vietnam’s economic growth targets.