According to the research by the World Bank and IHS Markit, 3 Vietnamese seaports, Cai Lan International Container Terminal in the northern province of Quang Ninh ranked at 46th while Hai Phong Port and Cai Mep International Terminal in the southern province of Ba Ria-Vung Tau ranked at 47th and 49th, respectively.
The volume of goods transported through southern ports has been rising by an average of 20 % a year in recent years, according to a report by Vietcombank Securities Company. The most important reason is the development of deep-water facilities at Ba Ria - Vung Tau Province. 

The continuous waves of COVID-19 have challenged the Vietnam industrial market in Q3 2021, and heavily impacted the Southern region. In July, Directive 16 was applied in HCMC, Binh Duong, and Dong Nai that nearly frozen the inter-province transportation of labour force and goods. From what was experienced in Bac Ninh, the government and manufacturers adjusted their plan frequently to maintain the production and safety of the labour force during this challenging period.

In the first 9 months of the year, despite being heavily affected by the COVID-19 epidemic, the activity of attracting investment in industrial parks in the province still achieved positive results, exceeding the plan for the whole year.

 

This has a huge impact that makes Ba Ria – Vung Tau real estate market attractive to investors,especially in the type of industrial real estate.

Many areas, including infrastructure construction and renewable energy production, are assessed to be the potential for US businesses to invest in Vietnam.

The Regional Comprehensive Economic Partnership (RCEP) was one of Vietnam’s major achievements when the country was serving as the Chair of ASEAN in 2020.

In the first 8 months of the year, Ba Ria - Vung Tau has 39 newly licensed investment projects with a total capital of more than 945 million USD.

 
The Foreign Investment Department (Ministry of Planning and Investment) said that real estate ranked third in the list of sectors attracting capital from foreign investors (FDI) in the past eight months with nearly 1.6 billion USD.