Innovate development thinking, flexibly adapt to new situations

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Speaking at the Ba Ria-Vung Tau investment conference in 2025, with the theme "Choosing Ba Ria-Vung Tau" held on the morning of May 30, Deputy Prime Minister Mai Van Chinh emphasized that the province needs to renew its thinking and development vision, and maximize resources for sustainable development.

Deputy Prime Minister Mai Van Chinh spoke at the conference.

Deputy Prime Minister Mai Van Chinh said that Ba Ria-Vung Tau has a strategic position in the Southeast region, possessing outstanding advantages in oil and gas, international seaports, logistics services, tourism and marine economy . The province has great potential for rapid and sustainable development and creating spillover effects in the region and the whole country.

In the 2021-2024 period, the total social investment capital will reach VND240 trillion, of which domestic and foreign enterprises will contribute more than 76%. The province ranks 6th in the country in terms of GRDP scale, 4th in budget revenue and 5th in attracting foreign investment.

Provincial leaders awarded investment certificates to enterprises at the conference.

“I appreciate the results the province has achieved and suggest continuing efforts to effectively promote its potential. Ba Ria-Vung Tau needs to renew its development thinking, promote its historical and cultural traditions, and flexibly adapt to the new situation. The province should effectively exploit its advantages as a gateway to the sea, strengthen regional connectivity, and participate deeply in global supply chains,” the Deputy Prime Minister emphasized.

Deputy Prime Minister Mai Van Chinh said that the growth model in the future needs to shift strongly based on innovation and application of science and technology to improve productivity and competitiveness, and develop key industries such as processing industry, high technology, clean agriculture, high-quality services and tourism.

Ba Ria-Vung Tau province needs to continue improving the investment environment, promoting administrative reform, digital transformation, investing in transport infrastructure, urban areas, healthcare, and education. At the same time, supporting business development, innovative startups, and improving the capacity of small and medium enterprises.

Developing high-quality human resources, ensuring social security, promoting green development, circular economy and climate change adaptation; enhancing international cooperation, promoting the image and potential of the province, accompanying investors in a practical and effective manner.

Provincial leaders awarded investment certificates to enterprises at the conference.

For investors, the Deputy Prime Minister also expects businesses to promote the spirit of cooperation, share vision, act together and develop sustainably. Be a pioneer in innovation, digital transformation, green transformation, fulfill social responsibility, care for workers' lives and protect the environment.

In the future, together with Ho Chi Minh City and Binh Duong, Ba Ria-Vung Tau will become one of the major development drivers of the Southeast region and the whole country. The Government is committed to strongly accompanying and creating the most favorable conditions for the province to further develop. "I believe that Ba Ria-Vung Tau will continue to affirm its position as an attractive destination, making an increasingly greater contribution to the country's development," the Deputy Prime Minister emphasized.

PV GROUP

Source: https://baobariavungtau.com.vn/kinh-te/202505/doi-moi-tu-duy-phat-trien-thich-ung-linh-hoat-tinh-hinh-moi-1043964/