In early 2025, SMC Group continued to increase its investment capital in Dong Nai by another 330 million USD, bringing the total investment capital in Dong Nai to nearly 1 billion USD. As of mid-February 2025, SMC Manufacturing Vietnam Co., Ltd. in Long Duc Industrial Park (Long Thanh District) ranked third in investment capital among foreign enterprises investing in Dong Nai (after Hyosung Group (Korea) and Formosa (Taiwan).

 

Among 14 projects with new and increased foreign direct investment (FDI) in Dong Nai in early 2025, SMC has the largest capital. Could you tell us more about the capital increase for this project?

 

- On January 24, 2025, SMC Manufacturing Vietnam Co., Ltd. was granted an investment registration certificate in Long Duc Industrial Park by the Dong Nai Industrial Park Management Board, with an additional capital of 330 million USD and raising SMC’s total investment capital in Dong Nai to nearly 1 billion USD. The expansion of the project in Dong Nai this time is because the province’s investment environment is stable and favorable. Enterprises investing in province for many years, the operation process is very effective, all difficulties are promptly supported by Long Duc Industrial Park Infrastructure Joint Stock Company, departments, branches and localities.

 

This project will invest in factories and modern production lines to produce important components in the semiconductor industry. This is the field that the Vietnamese Government as well as Dong Nai are prioritizing to invite enterprises to invest. Since investing in Dong Nai, the company has continuously increased capital and expanded production scale to meet the needs of customers worldwide. SMC is one of the largest pneumatic equipment manufacturing corporations in the world with a market share of about 50% globally.

 

Currently, Japan is one of the 3 countries and territories with the largest investment capital in Dong Nai with more than 250 projects, registered capital of nearly 5.5 billion USD. Japanese enterprises investing in the province are mostly in the industrial sector.

 

Could you tell us more about the product lines that SMC Vietnam is producing and the consumer market? main?

 

- SMC Manufacturing Vietnam Co., Ltd. was established in September 2014 in Dong Nai. Currently, the company has 3 factories in Long Duc Industrial Park. The main product lines that the company’s factories are producing are automatic control equipment, pneumatic equipment such as: cylinders, valves, valve clusters, valve bases... This is the equipment used in most stages in the automation technology chain of the industry and has the advantages of saving energy, safety, low cost. Industries that use a lot of pneumatic equipment are electricity - electronics, food processing.

 

SMC Vietnam’s products are exported to 18 countries and territories around the world. In which, the main markets are Korea, Japan, America, Europe... SMC Vietnam is always trusted by customers, orders coming to the company are increasing day by day. The company continuously improves product quality and capacity to meet large orders from foreign partners.

 

Many corporations Multinationals investing in Dong Nai often invite input suppliers to come and build factories to shorten transportation time, reduce costs and be proactive in production. How is this done for SMC?

 

- After more than 10 years of investing in the province, SMC has called on many Japanese enterprises and partners to come to Dong Nai to implement projects to supply input products to each other. After coming to Dong Nai to implement the project, most of the enterprises have operated very effectively. In addition to supplying products to SMC, these enterprises have also found many other partners in Vietnam and abroad, so they have continuously expanded production and export.

 

In addition, SMC also connects with enterprises in Vietnam to participate in the production chain and expand the global consumption market.

 

Chairman of the Provincial People’s Council Thai Bao and Vice Chairman of the Provincial People’s Committee Nguyen Thi Hoang presented the investment certificate to Mr. Takao Matsui (left cover), General Director of SMC Manufacturing Vietnam Co., Ltd. and other enterprises business. Photo: N. Lien

 

Chairman of the Provincial People’s Council Thai Bao and Vice Chairwoman of the Provincial People’s Committee Nguyen Thi Hoang presented the investment certificate to Mr. Takao Matsui (left cover), General Director of SMC Manufacturing Vietnam Co., Ltd. and enterprises.

 

How do you evaluate the investment environment in Dong Nai?

 

- In my opinion, the investment environment in Dong Nai is very good. For example, SMC, after more than a decade of investing in the province, has continuously increased capital to build more factories and warehouses to expand production and business. The provincial government has a policy of "accompanying enterprises", so difficulties and obstacles are always quickly resolved. Therefore,