The conference provides an opportunity for the province to present its development vision and investment potential to over 450 delegates, including senior leaders, international organizations, business associations, economic experts, and media representatives from both domestic and international spheres.
Chaired by the provincial Party Committee, People’s Council, and People’s Committee, and attended by representatives from central ministries and agencies, this year’s conference will feature prominent activities such as the awarding of investment policy decisions and investment registration certificates, signing of strategic cooperation agreements, and the introduction of 92 investment-attracting projects across the province. This strategic move aims to draw high-quality investment capital and foster sustainable and modern development.
Potential and Strengths of Ba Ria - Vung Tau
In addition to its favorable geographical location, Ba Ria - Vung Tau is naturally endowed with a long coastline, beautiful beaches, abundant mineral resources, and large tracts of land available for the development of industry, services, and urban areas. The province is currently a leading logistics hub in southern Vietnam, with the Cai Mep - Thi Vai port cluster – one of 19 deep-water ports worldwide capable of handling large vessels.
Furthermore, Ba Ria - Vung Tau is strong in the energy sector, with projects in wind power, solar energy, and liquefied natural gas (LNG), along with major industrial zones such as Phu My, Dat Do, and Chau Duc that continue to attract significant interest from both domestic and foreign investors.
Beyond industry, the province is also experiencing dynamic development in tourism, with numerous high-end resort projects, theme parks, and international entertainment complexes. This blend of industrial and tourism development is paving the way for a balanced and sustainable growth trajectory.
An Open Investment Environment with Attractive Support Policies
One of the key reasons investors feel confident choosing Ba Ria - Vung Tau is the local government's consistent commitment to putting businesses at the center of its service efforts. In recent years, the province has aggressively advanced administrative reforms, applied technology in state management, and shortened investment procedure timelines to help businesses save both time and costs.
The establishment of the Special Task Force 997 is a breakthrough initiative that demonstrates the province’s willingness to engage and its decisive actions. This task force regularly conducts dialogues, listens to, and directly addresses the difficulties faced by enterprises, while closely monitoring the progress of key projects. As a result, the province’s 2024 Public Administration Reform Index (PAR Index) ranked 2nd out of 63 nationwide, reflecting significant improvements in public sector management efficiency and the investment environment.
Moreover, Ba Ria - Vung Tau places strong emphasis on quality of life for residents and workers through the development of urban infrastructure, education, healthcare, and a green living ecosystem. These factors contribute to making the province especially attractive to foreign investors looking to establish a long-term presence.
Flagship Projects and Investment Opportunities
In the first five months of 2025 alone, the province granted new and adjusted capital to 73 investment projects, with a total registered capital equivalent to USD 4 billion. This includes 37 FDI projects with a total capital of over USD 1.25 billion and 36 domestic projects with capital exceeding VND 71,400 billion, equivalent to approximately USD 2.75 billion.
Notably, Ba Ria - Vung Tau is emerging as a promising destination in the high-tech supply chain. The province is attracting multiple semiconductor materials manufacturing projects—a key industry in the Fourth Industrial Revolution. These projects not only generate high economic value but also catalyze economic structural transformation toward modern and sustainable development.
In addition, investors in science and technology, smart cities, logistics, commerce and services, education, and tourism are being welcomed with a range of attractive incentive policies. Through this conference, Ba Ria - Vung Tau hopes to forge more strategic partnerships and promote multi-sector and multi-field development.
"The conference is not only an occasion to showcase the province’s potential and strengths, but also a platform to connect and inspire trust and expectations among investors. We are committed to always accompanying, supporting, and creating the most favorable conditions for businesses to develop sustainably in Ba Ria - Vung Tau."
— Mr. Nguyen Van Tho, Chairman of the People’s Committee of Ba Ria - Vung Tau Province
The Journey of “Choosing” Opens New Horizons
Ba Ria - Vung Tau is poised for a powerful breakthrough. With a solid foundation in infrastructure, policies, potential, and a determined spirit of innovation, this locality is becoming a new epicenter for high-quality investment waves in Vietnam.
The 2025 Investment Promotion Conference is not just a promotional event, but a symbol of the province’s long-term development strategy: deep integration, sustainable development, building a reputable local brand, and asserting its position on the global investment map. With the preparations and implementations underway, “Choosing Ba Ria - Vung Tau” is indeed the choice of opportunity, success, and the future.
