In recent years, Ba Ria-Vung Tau province has been on the list of provinces with high economic growth. Last year, its economy has achieved more than 15 billion USD, accounting for 6 percent of the country’s Gross Domestic Product. The province rank 4 out of 63 provinces and cities in terms of Gross Regional Domestic Product (GRDP). It contributes more than 5 percent to the national budget revenue and is one of few provinces and cities that gain autonomy in balancing local budgets since 1996.