The event was attended by Deputy Prime Minister Mai Van Chinh; leaders of central ministries, branches, provinces and cities in the region; diplomatic agencies, organizations, associations, businesses and investors.
Deputy Prime Minister Mai Van Chinh and leaders of ministries, branches and provinces took souvenir photos with enterprises receiving Certificates and Investment Policy Decisions. |
The government "opened its mouth"
Speaking at the conference, Mr. Nguyen Van Tho, Chairman of the Provincial People's Committee emphasized that with its strategic location at the gateway to the East Sea of the Southeast region, Ba Ria-Vung Tau is gradually affirming its role as an international industrial, seaport, tourism and service center, in which attracting business investment plays an important role.
To date, the locality has attracted more than 1,200 domestic and foreign projects with a total registered capital of about 54 billion USD. Of these, 503 FDI projects come from 30 countries and territories, with a total capital of more than 35 billion USD. Many large projects have created globally known brands.
In the first 5 months of 2025 alone, the province has granted certificates to 73 projects with a total capital of nearly 100 trillion VND, of which foreign investment capital reached more than 4 billion USD. This is a testament to investors' confidence in the province's stable environment and long-term development potential.
DEPUTY PRIME MINISTER MAI VAN CHINH Sharing vision and pioneering action together The Deputy Prime Minister also requested the province to focus on accelerating the transformation of the growth model towards science and technology, innovation, development of green economic sectors, manufacturing and processing industry, clean agriculture and high-quality tourism. Regarding the investment environment, administrative reform must be substantive, creating maximum convenience for businesses, developing the startup ecosystem, digital transformation, and improving competitiveness. “The Government hopes that Ba Ria-Vung Tau will not only be a destination for investors but also share the vision and pioneering actions in green transformation, innovation and modern governance. In the future, together with Ho Chi Minh City and Binh Duong, Ba Ria-Vung Tau will create a new development space, new driving force, and become one of the major economic centers and growth poles of the Southeast region and the whole country,” Deputy Prime Minister Mai Van Chinh emphasized. |
In the coming time, with a series of strategic plans approved by the Central Government, the province aims to develop four pillars: industry, seaports - logistics, tourism - urban areas and high-quality services. Many major projects such as the construction of Cai Mep-Thi Vai international transit port, Cai Mep Ha free trade zone, and international tourism center in Vung Tau are being promoted.
Transport infrastructure is also being accelerated with expressways, beltways, Phuoc An Bridge and connections to Long Thanh International Airport. These factors are expected to create a breakthrough, helping Ba Ria-Vung Tau maintain a "double-digit" growth momentum in the coming time. With these factors, Chairman of the Provincial People's Committee Nguyen Van Tho said: "Choose Ba Ria-Vung Tau".
Provincial leaders and representatives of Sun Group, Vin Group, CMC Group, Ho Tram Project Company Limited, and the National Tourism Administration performed the signing ceremony. |
Business partners
At the conference, the domestic and foreign business community highly appreciated the investment and business environment, expressed high consensus with the province's development orientation, and proposed many development solutions in the coming time.
Mr. Le Khac Hiep, Vice Chairman of the Board of Directors of Vingroup Corporation - JSC, assessed that not only does the province have a strategic location and a leading seaport system in the region, it also clearly demonstrates the spirit of reform and companionship with businesses. This is the key factor that makes investors like Vingroup commit long-term. This group proposed to be a strategic investor in Cai Mep Ha area, implementing a logistics - industrial - urban complex of more than 2,500 hectares.
A representative of Vin Group said that Ba Ria-Vung Tau is facing a period of strong transformation, converging all the conditions to become a leading destination in attracting investment. “Vingroup hopes to accompany the province on this journey. We also hope to continue to have more investment opportunities, making practical contributions to the sustainable, modern and prosperous development of the province in the coming time.”
Provincial leaders awarded investment certificates to enterprises at the conference. |
Representing foreign countries, Mr. Kawaguchi, General Director of Tokuyama Vietnam, said that thanks to the active support from the provincial government, administrative procedures were smoothly resolved, this Japanese enterprise successfully implemented the polycrystalline silicon factory project in Phu My 3 Specialized Industrial Park. This is an important premise to help Tokuyama realize the project to serve the global semiconductor supply chain.
Important activities took place at the conference. These were the signing ceremony of strategic cooperation between the Provincial People's Committee and Sun Group, Vin Group, CMC Group, The Grand Ho Tram and the National Tourism Administration; the announcement of 24 key projects to attract investment in the coming time; the awarding of certificates and investment decisions to 53 projects with a total capital of over 1 billion USD and 71 trillion VND. |
“Through this project, with Tokuyama’s advanced technological capabilities and Vietnam’s excellent human resources, we will strive to contribute to economic, industrial and technical development, raising the position of Ba Ria-Vung Tau on the regional economic map,” Mr. Kawaguchi affirmed.
Article and photos: QUANG VINH - BAO KHANH
Source: https://baobariavungtau.com.vn/kinh-te/202505/hay-lua-chon-dong-hanh-phat-trien-ba-ria-vung-tau-1044046/
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