Ba Ria - Vung Tau among top localities in FDI attraction during 2016-2020
The southern province of Ba Ria - Vung Tau was one of the leading localities in attracting investment during 2016-2020, Director of the provincial Department of Planning and Investment Nguyen Cong Vinh has said.
Ba Ria - Vung Tau (VNA) - The southernprovince of Ba Ria - Vung Tau was one of the leading localities in attracting investmentduring 2016-2020, Director of the provincial Department of Planning andInvestment Nguyen Cong Vinh has said.
The average registered capital of each State-ownedenterprise in the province stood at 250 billion VND (10.8 million USD), while thefigures for non-State and foreign-invested enterprises were nearly 9.5 billionVND (410,445 USD) and 103 million USD, respectively.
Over the past five years, the province granted new licences to 163foreign-invested and 216 domestic projects with registered capital of 3.2billion USD and 80 trillion VND, respectively, ranking it fourth out of Vietnam’s63 cities and provinces in terms of FDI attraction.
Additional capital also went to 96 FDI and 51 domestic projects worth 2.57billion USD and 14.7 trillion VND, respectively.
The province is now home to 415 FDI projects from 30countries and territories with registered capital of 29.5 billion USD, as wellas 605 domestic projects worth more than 307 trillion VND.
Some 7,800 new enterprises were established in the province over the last fiveyears, with total registered capital of over 74 trillion VND, up more than 44percent and nearly 86 percent, respectively, compared to 2011-2015. There werealso 85 new cooperatives, or 27 percent higher than planned.
ﷺ Total social investment capital topped 233 trillionVND during the period, over 17.6 percent of which was from the State budget andthe remainder from businesses./.
The southern province of Ba Ria - Vung Tau has been working to boost the traceability of its agricultural products, with initial success recorded in the value of those applying the technology.
More agricultural products in the southern province of Ba Ria-Vung Tau now have traceability stamps which improve information transparency and product value.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Cai Mep port in Ba Ria - Vung Tau (Photo: VNA) 
