Investment Conference 2025: Ba Ria - Vung Tau – A Destination of Opportunities and Success

A Promising Start: Investment Conference 2025

In his opening remarks, Mr. Nguyen Van Tho, Chairman of the People’s Committee of Ba Ria - Vung Tau Province, emphasized: “This conference serves as an opportunity for the province to introduce its potential, strengths, and a portfolio of key projects for investment in 2025, with the aim of attracting high-quality capital flows and promoting sustainable socio-economic development.”

A Bright Investment Landscape: Over USD 4 Billion in Five Months

In the first five months of 2025, Ba Ria - Vung Tau Province approved new and adjusted investment capital for 73 projects, with a total registered capital equivalent to approximately USD 4 billion. Of these, 37 are foreign direct investment (FDI) projects with newly registered and additional capital amounting to about USD 1.25 billion; 36 are domestic projects with total capital exceeding VND 71.4 trillion, approximately USD 2.75 billion.

At the conference, the Provincial People’s Committee awarded investment registration certificates, investment policy decisions, and capital increase and expansion approvals to 53 businesses, including 27 domestic projects and 26 FDI projects. The total committed capital at the conference exceeded VND 71 trillion and over USD 1 billion.

Flagship Projects and Strategic Partnerships

Notable projects granted investment certificates at the conference included:
• The Long Son Petrochemical Complex project with an additional USD 400 million in capital.
• A synthetic fiber manufacturing plant by Colorful Nylon Fiber Co., Ltd., with a total investment of USD 120 million.
• The 3/2 Street Urban Area project in Vung Tau City, developed by Sun Group, with total capital of VND 34.995 trillion.
• The My Xuan International General Port project with total investment of VND 5.733 trillion.

Additionally, Ba Ria - Vung Tau Province signed strategic cooperation agreements with major corporations in the fields of digital transformation, urban development, and tourism, such as Vingroup, Sun Group, Ho Tram Project Co., Ltd., CMC Technology Group, and the Vietnam National Administration of Tourism.

In his address at the conference, Mr. Nguyen Van Tho, Chairman of the People’s Committee of Ba Ria - Vung Tau Province, affirmed: “Ba Ria - Vung Tau is committed to accompanying businesses, further improving the investment and business environment, developing synchronized infrastructure, and creating every favorable condition for investors to operate and grow their businesses with confidence and stability.”

Ba Ria - Vung Tau – A Destination of Opportunities and Success

With its strategic location, diverse development potential, open investment environment, and the steadfast support of local authorities, Ba Ria - Vung Tau is emerging as an attractive destination for both domestic and international investors. The Investment Conference 2025 stands as a testament to the province’s determination and efforts to attract high-quality investments, aiming toward sustainable and prosperous development.