Business

Ba Ria-Vung Tau’s FDI attraction rises by 2.78 times

The southern province of Ba Ria-Vung Tau has attracted 20 foreign-invested projects worth 751 million USD since the beginning of this year, five projects higher and a 2.78-fold increase in capital compared to the same period last year.
Ba Ria-Vung Tau’s FDI attraction rises by 2.78 times ảnh 1Phu My 3 Industrial Park in Ba Ria-Vung Tau province (Photo: VNA)
Ba Ria-Vung Tau (VNA) – The southern province of Ba Ria-Vung Tauhas attracted 20 foreign-invested projects worth 751 million USD since thebeginning of this year, five projects higher and a 2.78-fold increase incapital compared to the same period last year.

In the period, there were 25 existingprojects with capital adjustments, with a total additional investment of 503million USD, up 15.3%, according to the provincial Department of Planning and Investment.

In October alone, Ba Ria-Vung Tau saw fivenewly-registered projects totalling 594 million USD, and 62.5 million USD wasadded to six existing ones.

To date, the southern province has lured457 FDI projects with a combined registered capital of 31.4 billion USD,including 284 in its industrial parks.

Chairman of the provincial People’sCommittee Nguyen Van Tho asked departments, sectors and localities to exertefforts to attract more domestic and foreign investors, and help them deal withdifficulties./.
VNA
#Ba Ria-Vung Tau #FDI attraction #foreign-invested projects #Vietnam #Vietnamplus #Vietnam News Agency Ba Ria - Vung Tau
Follow VietnamPlus

Related News

Thi Vai LNG complex passes pilot testing, ready to go

Thi Vai LNG complex passes pilot testing, ready to go

The Thi Vai liquefied natural gas (LNG) warehouse and terminal complex, the first of its kind in Vietnam, of the Petrovietnam Gas Joint Stock Corporation (PV GAS), has passed a series of technical tests and is now ready to be put into commercial operation.
Vietnam’s biggest LNG terminal becomes operational

Vietnam’s biggest LNG terminal becomes operational

The 1 million-tonne Thi Vai liquefied natural gas (LNG) receiving terminal project, the biggest of its kind in Vietnam, was officially put into operation in the southern province of Ba Ria - Vung Tau on October 29.

See more

A port in California of the US (Photo: Xinhua/VNA)

Vietnam attends WTO session on removing technical barriers to trade

The Vietnamese delegation is closely tracking all Specific Trade Concerns, with a keen interest on rules impacting Vietnam’s key and potential exports at the regular session of the World Trade Organisation (WTO) Committee on Technical Barriers to Trade (TBT Committee) in Geneva, Switzerland from March 25-28.

The ICON e: (Photo: Honda Vietnam)

Honda Vietnam rolls out first domestically produced electric scooter

The ICON e: is specifically designed for high school students, a young and dynamic demographic seeking safe and convenient mobility. The scooter comes equipped with advanced safety features, including a fire- and water-resistant lithium-ion battery, a combined braking system (CBS), LED lighting for enhanced visibility, and a spacious storage compartment. It is expected to launch in the Vietnamese market in April.

A buyer searches for food products at the fair. (Photo: VNA)

Third Vietnam Outstanding Export Products Fair opens in HCM City

It features nearly 750 booths showcasing a wide range of goods and services like agricultural products, foods and seafood, handicrafts, souvenirs, regionally distinctive goods, textiles, footwear, supporting industries, and food processing, packaging, and preserving technologies.

Fillet catfish for export (Photo: VNA)

Vietnam, US boost agricultural trade

The key agricultural products of the two countries complement each other rather than compete. Therefore, Vietnam is willing to open its market to US agricultural products.

An overview of the B2B session at the Vietnam – India business meeting (Photo: VNA)

Vietnam, India strengthen business ties to boost trade

The business meeting provided a valuable opportunity for direct engagement, allowing participants to gain deeper insights into the Vietnamese and Indian markets and laying the groundwork for sustainable trade expansion.

MobiFone has become the third network operator in Vietnam to offer 5G services. (Photo: VNA)

MobiFone officially launches 5G services

This launch marks a significant milestone in Vietnam’s telecommunications landscape, promising to elevate the digital experience for both individual and business users.