Ba Ria – Vung Tau steps up for development

The southern coastal province of Ba Ria – Vung Tau has exploited its natural beauty and taken advantages of its oil and gas sector for economic development, turning itself into a sustainably developed region in the Southern Focal Economic Zone of Vietnam.
Ba Ria – Vung Tau steps up for development ảnh 1Front Beach of Vung Tau. Ba Ria – Vung Tau has taken advantages of its natural beauty, including sea and beaches, for tourism development (Photo: VNA)

HCM City (VNS/VNA) - The southern coastal province of Ba Ria – Vung Tauhas exploited its natural beauty and taken advantages of its oil and gas sectorfor economic development, turning itself into a sustainably developed region inthe Southern Focal Economic Zone of Vietnam.

Situated about 3km to the southwestern of Vung Tau city, the 30sq.m Go Gang islandhas geological advantages and natural beauty. Go Gang Island is seen as a newarea where an economic zone could be established in Ba Ria – Vung Tau province.

The Construction Department of Ba Ria – Vung Tau Province has proposedadjustments for functional areas of Go Gang Island on 1,389 ha, for apopulation of about 65,000, with 795ha of land to be used as urban constructionland. Buildings in the area could have up to 60 stories.

Go Gang island would have eight zones including residential areas, functionalcomplexes and public conveniences; parks and greenery, water surface, amusementparks, airport and ground services, infrastructure and a fishery centre.

When the Go Gang Airport becomes operational, the provincial authorities willhave 200ha of land for new urban area projects in Vung Tau city.

Two big urban area projects have been established, with one at Vung Tau airportwith an urban area of 35ha, a central park of 46ha, a logistics and servicecentre of 24ha, a financial and technological centre of 20ha; and an urbancomplex of 25ha.

The other project is located on 270ha in Ward 12 of Vung Tau city. Thisincludes a 60ha ecological urban area, a 20ha office and trade centre, a 15habusiness centre, the 25ha Marina Urban Area, a 15ha sport centre and square.

In addition to efforts to upgrade air transport facilities, Ba Ria – Vung Tau provincehas invested in land transport projects, especially a project to build the BienHoa – Vung Tau Expressway.

According to the province, the increase in traffic volume on National HighwayNo 51 (linking Ho Chi Minh City with Vung Tau city) and the rapid growth ofresidential areas along the expressway have overloaded the expressway in thelast few years.

This could be eased by the Bien Hoa – Vung Tau Expressway. Construction of theexpressway is scheduled to start in 2021 and be completed two years later. Thenew expressway would link Ba Ria – Vung Tau province with other localities inthe Southern Focal Economic Zone.

Ba Ria – Vung Tau has asked the central Government to conduct a feasibilitystudy to build a railroad to connect the Cai Mep – Thi Vai Port under aPublic-Private Partnership.

In addition, transportation projects will connect with the Cai Mep – Thi Vai Portincluding Phước An Bridge, National Highway No 56 (to avoid Ba Ria City), Long Son– Cai Mep Highway, and the Ba Ria – Vung Tau Highway.

Tourism

With a coastal line of over 30km and Con Dao island, Ba Ria – Vung Tau provincehas advantages for tourism development. However, the provincial authoritieshave focused on the oil and gas sector and its deep-water seaports.

In recent years, the province has paid more attention to the tourism sector.Under the province’s plan for the next decade, it aims to welcome 8.6 millionvisitors (including 1.4 million foreign travellers) in 2025, bringing revenueof 31 trillion VND (1.33 billion USD).

Ba Ria – Vung Tau province is expected to maintain growth rate of 30 percent –35 percent annually for its tourism sector between 2020 and 2025.

The province’s planning for development of its tourism sector for the nextdecade also identifies priorities for investment projects until 2025 includingdevelopment of a tourism urban town (Vung Tau city), two national tourist zones(Con Dao, Long Hai – Phuoc Hai), sea and island tourist products, and tourismentertainment services.

The province will give priority to four tourism development programmes,including human resource development; regional tourism brand promotion;preservation, embellishment and development of tourism resources; and majortourism infrastructure facilities./.
VNA

See more

Delegates at the seminar in Bangkok on June 17. (Photo: VNA)

Thanh Hoa seeks stronger cooperation with Thai businesses

Mai Xuan Liem, Permanent Vice Chairman of the Thanh Hoa People’s Committee, said Thailand is one of the province’s important export markets, with export turnover reaching more than 12 million USD in the first five months of 2026.

Delegates press the button to officially launch the Doan Hung Industrial Park – AMATA City Phu Tho project at the conference. (Photo: VNA)

Vietnam, Thailand strengthen investment ties, smart city cooperation

Thailand is currently Vietnam's largest trading partner within ASEAN, while Vietnam ranks as Thailand's sixth-largest trading partner globally. Bilateral trade reached 22.07 billion USD in 2025, with both sides aiming to increase the figure to 25 billion USD in the coming years. Thailand also has 805 valid investment projects in Vietnam with a combined registered capital of 15.4 billion USD.

Deputy Prime Minister Nguyen Van Thang speaks at the meeting with ministries and sectors in Hanoi on June 17 to review public investment disbursement and address bottlenecks affecting ODA projects. (Photo: VNA)

Deputy PM requests faster disbursement of ODA-funded projects

As of June 15, the disbursement rate for public investment funded by external sources had reached only 9.99% of the assigned plan. Although the figure was higher than in the same period last year, it remained well below the national average. Notably, one out of eight ministries and central agencies and 13 localities had yet to disburse any allocated capital.

Sorting green-skinned pomelos for export at the processing facility of Vina T&T Group in Vinh Long province. (Photo: VNA)

Vietnamese fruits strengthen foothold in China

The expansion of fruit trade has been supported by the implementation of the Regional Comprehensive Economic Partnership (RCEP) and ongoing efforts to upgrade the China – ASEAN Free Trade Area.

Production line for camera modules and electronic components at the factory of the Korean-invested MCNEX VINA Co., Ltd, located in Phuc Son Industrial Park, Ninh Binh province. (Photo: VNA)

High-tech FDI attraction set as strategic priority: official

The resolution sets out a number of specific targets for foreign investment attraction during the 2026–2030 period. Annual registered FDI is targeted at between 40 billion USD and 50 billion USD, while realised capital is expected to reach approximately 30–40 billion USD per year.

Production of electronic components at DBG Technology Vietnam Co., Ltd. in Yen Binh Industrial Park, Thai Nguyen province. (Photo: VNA)

Vietnam’s trade surplus with EU expands amid economic headwinds

Trade between Vietnam and the EU maintained momentum during the January–May period, supported by the EU – Vietnam Free Trade Agreement (EVFTA) and sustained demand for key Vietnamese exports, even as the EU grappled with inflationary pressures and sluggish consumer spending.

Containers are unloaded at Nghi Son International Port in Nghi Son ward, Thanh Hoa province. (Photo: VNA)

Vietnam eyes to shape national maritime industrial ecosystem

These advantages provide a strong foundation for the development of the marine economy and logistics services. As a result, the marine economy has been identified as a national strategic priority, with the coordinated development of maritime transport, seaports and shipbuilding serving as a key pillar in shaping a sustainable national maritime industrial ecosystem.

The road to the VSIP Can Tho Industrial Park connecting with National Highway 80 is under construction. (Photo; VNA)

Vietnam draws harder line on FDI quality under new resolution

The Ministry of Finance’s Foreign Investment Agency reported that total registered FDI neared 25 billion USD in the first five months of this year, a jump of almost 35% from a year earlier, with new project registrations driving the bulk of the expansion.