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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.
The project of a polysilicon processing and cleaning plant in Phu My 3 Specialzied Industrial Park invested by Tokuyama Corporation is built on an area of 50,000m2, with a total investment of about 30 million USD.
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.
The Ministry of Transport has just issued a decision to announce the opening of Phu My inland port (phase 1) in Phu My 3 Specialized Industrial Park, Phuoc Hoa ward, Phu My town, Ba Ria – Vung Tau province. Phu My inland deport has a scale of 37.8ha, which is allowed to provide services and carries out import and export procedures.
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.
At Phu My 3 Specialized Industrial Park, we believe in fostering a strong sense of camaraderie and team spirit among our employees. What better way to do that than by embarking on a memorable journey together through the highlights of our unforgettable company trip in 2023?
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 July 28, 2023, the groundbreaking ceremony of the Seville Signature Vietnam factory was held at Phu My 3 Specialized Industrial Park, Phuoc Hoa Ward, Phu My Town, Ba Ria Vung Tau Province.
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.