Ba Ria-Vung Tau (VNA) – The southern provin𝕴ce of Ba Ria - Vung Tau will focus its investment on hi🅰-tech industry and agriculture, port logistics and high-quality tourism.
Hi-tech industrial projects will prioritise energy-saving and eco-friendly products of high added value and competitiveness, while those in the port logistics sector will include facilities in support of the Cai Mep - Thi Vai international terminal.
High-quality tourism projects will focus on building seaside resorts and developing ecological and spiritual tourism along with meetings, incentives conferences and exhibitions (MICE).
During a local press conference on August 3, Vice Chairman of the provincial People’s Committee Nguyen Thanh Long said the province has made a list of sectors eligible for investment incentives.
Ba Ria - Vung Tau pledges all possible support for long-term business operations in the province, he said.
An investment promotion conference is slated for August 10 to introduce the province’s potential, incentives and infrastructure to diplomatic agencies, investment and trade promotion organisations, and overseas and domestic investors.
The province is a gateway to the southern key economic zone thanks to its convenient location, abundant natural resources and a massive network of seaports.
In the first half of this year, the province registered seven foreign-invested projects worth nearly 350 million USD, raising the total number of FDI projects to 297 with a total value of more than 27.16 billion USD.
Domestic projects in the six-month period counted 10 with a total registered capital of around 1 trillion VND (45.45 million USD), increasing the total domestically invested projects to 442 worth approximately 241 trillion VND (10.95 million USD).-VNA
Ba Ria – Vung Tau province must press on with sustainable development and focus on sea-based economic activities and marine sovereignty protection, Party General Secretary Nguyen Phu Trong said.
The Saigon Posts and Telecommunications Service Joint-Stock Corporation (SPT) has begun to offer free public wifi in Vung Tau City in the southern province of Ba Ria - Vung Tau.
Sanjo city in Japan ’s Niigata Prefecture has agreed to help the southern province of Ba Ria-Vung Tau in human resource training by receiving apprentices from the province to study and work in Sanjo.
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-Thi Vai international port (Source: VNA)
