Ba Ria - Vung Tau attracts 1.25 billion USD of FDI capital in 5 months

(Chinhphu.vn) - On the afternoon of May 29, the People's Committee of Ba Ria - Vung Tau province held a press conference to provide information about the Ba Ria - Vung Tau Investment Conference in 2025.

Ba Ria - Vung Tau has the advantage of a long coastline, many beautiful beaches, rich mineral resources and a large land fund for industrial, service and urban development - Photo: VGP/Ngoc Tan

At the press conference, Mr. Hoang Vu Thanh, Director of the Department of Finance of Ba Ria - Vung Tau province, said that Ba Ria - Vung Tau has achieved many positive results in attracting investment. In the first 5 months of 2025 alone, the province has granted new and adjusted investment capital for 73 projects with a total registered investment capital after conversion of about 4 billion USD.

Specifically, there are 37 FDI projects with a total newly registered and increased capital of about 1.25 billion USD.

Newly granted and adjusted capital increase for 36 domestic projects with total newly registered and increased capital of more than 71,400 billion VND, equivalent to about 2.75 billion USD.

According to the Director of the Department of Finance of Ba Ria - Vung Tau province, the above results were achieved thanks to the province's efforts in improving the investment and business environment, accompanying and creating the best conditions for businesses, which were highly appreciated, demonstrated through the results of Ba Ria - Vung Tau ranking high in all rankings related to administrative reform for many consecutive years.

In 2024, the PAR INDEX ranked 2nd out of 63 provinces and cities, up 3 places compared to 2023; the SIPAS satisfaction index in 2024 ranked 5th out of 63 provinces and cities, up 3 places compared to 2023; the Provincial Competitiveness Index in 2024 ranked 5th out of 63 provinces and cities.

Also at the press conference, Mr. Hoang Vu Thanh said that the 2025 Ba Ria - Vung Tau Investment Conference with the theme "Choosing Ba Ria - Vung Tau" will take place on May 30, at The Grand Ho Tram, Xuyen Moc district.

The event was attended by 450 delegates including leaders of the Government, a number of ministries and branches; diplomatic agencies, organizations, domestic and foreign associations; experts, businessmen, enterprises, investors...

It is expected that at the 2025 Ba Ria-Vung Tau Investment Conference, the Provincial People's Committee will organize many activities, such as: granting investment policy decisions, investment registration certificates for a number of projects and carrying out the signing ceremony of Strategic Cooperation with investors in the fields of digital transformation, urban, tourism , tourism brand development, etc.

Ngoc Tan

Source: https://baochinhphu.vn/ba-ria-vung-tau-thu-hut-125-ty-usd-von-fdi-trong-5-thang-102250529182755798.htm