Log in
Property

Doosan Vina pours US$300 million into Dung Quat EZ

The Korean-owned Doosan Heavy Industries Vietnam Co. Ltd. (Doosan Vina) has invested US$300 million in Quang Ngai province’s Dung Quat Economic Zone (EZ).

Doosan Vina operates  five plants in Dung Quat EZ, manufacturing boilers, heat-recovery steam generators, seawater desalination evaporators, and material handling equipment.

Since first investing in the EZ, the firm has allocated nearly US$2 million to a diverse range of charity initiatives, helping improve  local living conditions.

Doosan Vina’s annual US$250,000 programme brings doctors from the Republic of Korea to Quang Ngai to provide free medical consultations for thousands of local residents.

The company has also sponsored surgeries for children born with hare lips and cleft palates, and for elderly cataract sufferers. Its medical equipment donations to Quag Ngai hospitals are valued at more than US$85,000.

Doosan Vina employs nearly 2,500 workers and participates in the “Made in Vietnam” trademark development programme. The firm is expected to generate additional 3,500 jobs in the near future.

Some photos of Doosan Vina:

 
 
 
Reactions:
Share:
Trending
Most Viewed
Vietnam tightens social housing rules, orders recovery from ineligible recipients

Vietnam tightens social housing rules, orders recovery from ineligible recipients

The prime minister has issued a new directive that requires authorities to recover social housing units sold to ineligible recipients and strengthen enforcement to prevent fraud and abuse.

Hanoi opens applications to buy former rental social housing units

Hanoi opens applications to buy former rental social housing units

Social homes having been rented for two years on the city's outskirts are now available for public interest.

Hanoi puts all land information services online to modernize public administration

Hanoi puts all land information services online to modernize public administration

Hanoi shifts all land-information procedures to a fully online platform, speeding up digital transformation, reducing costs and expanding transparency for residents and businesses.

Surging housing prices trigger urgent calls for stronger market and policy reforms

Surging housing prices trigger urgent calls for stronger market and policy reforms

Vietnam faces steep housing price increases due to shrinking supply, rising speculation and slow legal reforms, prompting a call for urgent policy action and expanded affordable housing.

Hanoi apartment market heads for major supply surge beginning in 2026

Hanoi apartment market heads for major supply surge beginning in 2026

Hanoi’s apartment market is entering a new growth phase with a strong supply wave expected from 2026 as major projects launch across all segments from social housing to high-end developments.

Two social housing projects offered for sale as Hanoi strives to meet mounting demand

Two social housing projects offered for sale as Hanoi strives to meet mounting demand

Hanoi launches sales for CT-05 and CT-06 social housing projects in Quang Minh Commune, offering low-cost units as the city faces rising housing pressure.

Vietnam creates National Housing Development Fund to boost social housing supply by 2030

Vietnam creates National Housing Development Fund to boost social housing supply by 2030

Vietnam has taken a major step toward expanding affordable housing by establishing the National Housing Development Fund, a new financial mechanism designed to accelerate social housing development and stabilize the property market.

Hanoi to see sharp jump in land prices under new 2026 pricing framework

Hanoi to see sharp jump in land prices under new 2026 pricing framework

The sharp increases raise concerns over affordability, investment risks and shifting market behavior as land values climb across diverse areas of the city.