Business

Ba Ria-Vung Tau economy grows in Q1

The southern province of Ba Ria-Vung Tau managed to achieve positive economic growth in the first quarter of 2021 driven by a surge in industrial production, port services and domestic travel.
Ba Ria-Vung Tau economy grows in Q1 ảnh 1My Xuan Industrial Zone in Ba Ria-Vung Tau Province. (Photo: banqlkcn.baria-vungtau.gov.vn)
Ba Ria-Vung Tau (VNA) – The southern province of Ba Ria-Vung Taumanaged to achieve positive economic growth in the first quarter of 2021 drivenby a surge in industrial production, port services and domestic travel.

Speaking at a recent meeting to review the socio-economic development for thequarter, Deputy Secretary of the provincial Party Committee Nguyen Thi Yen saidkey economic sectors achieved growth during the quarter.

The province achieved the dual goal of containing COVID-19 while ensuringeconomic growth, she said.

So its revenues rose by 6.7 percent to more than 22 trillion VND (953.46million USD), she said.

Industrial production value excluding oil and gas rose by 7.3 percentyear-on-year.

The value of port services jumped by 9.6 percent.

The province sped up work on some crucial transport projects to facilitateconnectivity to the Cai Mep-Thi Vai port complex in Phu My town.

The tourism sector saw a robust recovery, with the number of visitors in thefirst quarter doubling from a year ago to 1.8 million.

In the second quarter, the province plans to focus on improving its businessclimate and competitiveness to attract foreign investment./.
VNA
#Ba Ria-Vung Tau #economic growth #Q1 2021 #industrial production #port services #domestic travel #Vietnam #Vietnam news #Vietnam news agency #Vietnamplus
Follow VietnamPlus

Related News

See more

Deputy Secretary of the An Giang provincial Party Committee and Secretary of the Party Committee of the Phu Quoc special zone Dinh Van Noi speaks at the dialogue (Photo: baoangiang.com)

Phu Quoc moves to resolve infrastructure bottlenecks ahead of APEC 2027

Deputy Secretary of the An Giang provincial Party Committee and Secretary of the Party Committee of the Phu Quoc special zone Dinh Van Noi said an official information portal will be launched to receive public feedback, while hotlines for local leaders will allow businesses and residents to raise concerns directly.

Deputy Minister of Industry and Trade Phan Thi Thang at the forum. (Photo: VNA)

Vietnamese firms explore investment opportunities in Georgia

Priority areas with great cooperation potential include manufacturing, logistics infrastructure, renewable energy, tourism, hospitality, information and communications technology (ICT), and business process outsourcing (BPO), said a Georgian official.

Prime Minister Le Minh Hung and delegates launch the digital platform of the Vietnam Association of Small and Medium Enterprises (August 2026). Photo: VNA

Vietnamese businesses, entrepreneurs make growing contributions to national development

Vietnam Entrepreneurs’ Day is an opportunity to recognise businesses’ contributions and reinforce the entrepreneurial spirit, the pursuit of legitimate prosperity and national responsibility. With stronger policies and greater innovation, Vietnamese enterprises are expected to play an increasingly important role in economic growth and the country’s ambition to become a strong, prosperous nation.

A view at a CO.OPMART supermarket in Bac Ninh city (Photo: bacninh.gov.vn)

Bac Ninh’s CPI up 4.07% in nine months

The consumer price index (CPI) in Bac Ninh city rose 4.07% year-on-year in the first nine months of 2026, with housing and construction materials, education and transport recording the sharpest increases, according to the municipal Statistics Office.

Vietnam's textile - garment and footwear industries are aiming to shift from processing and assembly to stages with higher added value, increasing technology content and competitiveness. (Photo: VNA)

Vietnam’s supporting industries seek stronger domestic links

As global supply chains undergo major changes and environmental standards and digital technology requirements become more demanding, developing supporting industries has become essential to improving the competitiveness of the economy. This requires coordinated efforts by the Government, multinational corporations and domestic businesses.

Prime Minister Le Minh Hung speaks at the meeting (Photo: VNA)

PM orders power plan overhaul to meet double-digit growth

Securing adequate power supply is an urgent priority and a prerequisite to successfully achieve socio-economic development goals 2026, a foundational year for accelerating progress, with breakthroughs to follow in 2027 and the goals for the full term to be delivered, said Prime Minister Le Minh Hung.

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam speaks at the meeting (Photo: VNA)

Top leader pledges support for firms, presses tech self-reliance

The country needs more firms that master technologies, build trusted brands and run production networks able to compete globally. Progress over the next five to 10 years must show up in productivity, job quality and market position, said top leader To Lam.