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In the first months of 2024, Ba Ria - Vung Tau province has 18 newly registered FDI projects, with a total registered investment of 1.521 billion USD, an increase of 42 times over the same period, 9 projects adjusted to increase capital reached 120.8 million USD. With the above figure, for the first time, Ba Ria - Vung Tau has risen to the top in attracting foreign investment capital in many industries and fields.
According to data from the Foreign Investment Agency (Ministry of Planning and Investment), as of May 20, 2024, Ba Ria - Vung Tau leads the country in attracting FDI with a total registered investment capital of more than 1.52 billion USD, accounting for 13,8% of the country's total investment capital.
Ba Ria - Vung Tau has set the goal of maintaining a steadfast position among the top 10 provinces in terms of the highest Gross Regional Domestic Product (GRDP) and state budget revenue nationwide, aiming to become the national maritime economic center by 2050. On March 29th, Mr. Nguyen Cong Vinh, Vice Chairman of the People's Committee of Ba Ria - Vung Tau province, stated that the provincial planning had been approved by the Prime Minister at the end of 2023 and was being specified into objectives and key tasks for the province during the 2021 - 2030 period, with a vision towards 2050.
Are you interested in investing in the manufacturing sector in Vietnam? Then you won’t want to miss the Vietnam Industrial Investment Seminar, which will be held in Guangzhou, China on March 29th, 2024.
On 23/1, at Phu My 3 Specialized Industrial Park, Ba Ria – Vung Tau Industrial Zones Authority (BIZA) cooperated with JICA Vietnam Office Ho Chi Minh City Branch organized the launching seminar of the project Technical support for the construction of model industrial parks/ecologically oriented smart IPs and the application of information technology in the management and operation of industrial parks in Ba Ria - Vung Tau province.
Vung Tau, 20.1.2024 - Today, at Ky Hoa Vung Tau Hotel, Thanh Nien Newspaper held the closing ceremony and awarded the writing contest of the The Spirit of the East, with the companion of PM3SIP (Phu My 3 Specialized Industrial Park); the program was broadcast live on Thanh Nien Online social media channels: Fanpage, YouTube and TikTok Thanh Nien Newspaper.
It is necessary to create an interregional supply chain of petrochemical products, in which Ba Ria - Vung Tau plays an important role as an upstream supply chain of basic raw materials...
The Maran Gas Achilles vessel (Greek nationality) transports nearly 70,000 tons of LNG (worth roughly 35 million USD, equivalent to 830 billion VND) from an Indonesian port to Vietnam. The technology for making LNG storage in complexity is comparable to that of a nuclear power plant.
The Prime Minister agreed to organize the simultaneous groundbreaking of 4 component projects of the Chau Doc - Can Tho - Soc Trang expressway project on June 17th; On June 18th, 3 projects commenced: Ring Road 3 in Ho Chi Minh City. HCMC, Bien Hoa - Vung Tau and Khanh Hoa - Buon Ma Thuot.