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Ba Ria - Vung Tau Province identifies that "Good planning leads to good development space; good development space attracts good investors; good investors lead to good projects." Therefore, it is essential to maximize existing advantages.

A report from the Department of Planning and Investment of Ba Ria-Vung Tau Province in the first two months of the year showed that the total foreign direct investment (FDI) into the province increased nearly 5.4 times compared to last year, with the locality aiming to attract 2 billion USD of FDI this year. Just Phu My 3 Industrial Park alone in the first quarter of this year has "secured" 4 projects with a total capital of over 550 million USD. Among them are 2 projects from Japan by the Tosoh Group - specializing in basic chemical production and the food production project of investor Showa Sangyo. Additionally, there is an electronic component manufacturing project by BOE Technology Group from Beijing (China), and a project serving accommodation for 10,000 workers by Thanh Binh Phu My Joint Stock Company (Vietnam).

On the morning of March 20, 2024, at Phu My 3 Industrial Park, Phu My town, Ba Ria-Vung Tau province, the Groundbreaking Ceremony for the SEAH M&S VIETNAM project took place. The ceremony was held in a solemn and warm atmosphere, with the participation of the leadership and employees of Thanh Binh Phu My Joint Stock Company and important partners. Particularly, representatives from SEAH M&S CORP, the investor, also attended, marking their strong commitment to the project and investment in the Vietnamese market.

Phu My 3 Specialized Industrial Park, Ba Ria - Vung Tau province, Vietnam, witnessed a groundbreaking ceremony on 29/3/2024 for the construction of a crane, lifting, loading and unloading machine and accessories of this equipment. The project, undertaken by Mi-Jack International Holdings LLC, will have an area of 8 hectares and is expected to commence operations in the third quarter of 2028 (Q3/2028).

In the morning of January 22, in the atmosphere of celebrating the Party and celebrating Year of Wood Dragon 2024, the Central Working Delegation headed by Politburo Member, Permanent Member of the Secretariat, Head of the Central Organization Commission of the Communist Party of Vietnam - Truong Thi Mai visited and wished Tet to workers, businesses and poor households in the province.

Vietnam, 16 January 2024 – Trelleborg Marine & Infrastructure, a global leader in highly developed polymer solutions for the marine, infrastructure and energy industries, recently held a ground-breaking ceremony to mark the start of construction at its new marine solutions manufacturing facility in the Phu My 3 Specialized Industrial Park (SIP) within Vietnam’s Ba Ria Vung Tau province. 

That is the opinion of Ms. Nguyen Thi Thao Nhi - Chairwoman General Director of Thanh Binh Phu My Joint Stock Company on "Attracting green investment: Filtering the industry or reducing emissions?" which is discussed at the seminar of Thanh Nien Newspaper.

That is the assertion of Mr. Shimada Takahiro - General Director of Kraft of Asia Paperboard & Packaging Company at the seminar "Attracting green investment: Filtering the industry or reducing emissions?" organized by Thanh Nien Newspaper on 5/12.

With the support of the Japan International Cooperation Agency (JICA), Phu My 3 Specialized Industrial Park (Phu My town, Ba Ria-Vung Tau) was born, gradually becoming a model model, considered as an ecological, smart industrial park, applying information technology in management and operation.