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.

On December 25, 2020, Radio and Television Station of Ba Ria - Vung Tau province cooperated with Thanh Binh Phu My Joint Stock Company, Long Son Petrochemical Co., Ltd., Agriculture - Trade - Tourism Cooperative Bau May produced the program "BRT Movement" with the report on the title "Journey to overcome the whirpool". The program was broadcast on Ba Ria - Vung Tau Television on December 30, 2020.

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.

On the morning of November 20, 2020, Ba Ria – Vung Tau College of Technology held the opening ceremony of the 2020-2021 school year and celebrated Vietnam Teachers' Day 20th November.

 

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.

 
Changing the growth model, upgrading industrial parks and renovating state management are three recommendations for the development of industrial zones in the context of the ongoing strong Industrial Revolution 4.0

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.