Ba Ria-Vung Tau (VNA)ꦏ – The southern province of Ba Ria - Vung Tau will focus its investment on hi-tech industry and agriculture, port logistics and high-quality tourism.
Hi-tech industrial projects will prioritise energy-saving and eco-friendly products of high added value and competitiveness, while those in the port logistics sector will include facilities in support of the Cai Mep - Thi Vai international terminal.
High-quality tourism projects will focus on building seaside resorts and developing ecological and spiritual tourism along with meetings, incentives conferences and exhibitions (MICE).
During a local press conference on August 3, Vice Chairman of the provincial People’s Committee Nguyen Thanh Long said the province has made a list of sectors eligible for investment incentives.
Ba Ria - Vung Tau pledges all possible support for long-term business operations in the province, he said.
An investment promotion conference is slated for August 10 to introduce the province’s potential, incentives and infrastructure to diplomatic agencies, investment and trade promotion organisations, and overseas and domestic investors.
The province is a gateway to the southern key economic zone thanks to its convenient location, abundant natural resources and a massive network of seaports.
In the first half of this year, the province registered seven foreign-invested projects worth nearly 350 million USD, raising the total number of FDI projects to 297 with a total value of more than 27.16 billion USD.
Domestic projects in the six-month period counted 10 with a total registered capital of around 1 trillion VND (45.45 million USD), increasing the total domestically invested projects to 442 worth approximately 241 trillion VND (10.95 million USD).-VNA
Ba Ria – Vung Tau province must press on with sustainable development and focus on sea-based economic activities and marine sovereignty protection, Party General Secretary Nguyen Phu Trong said.
The Saigon Posts and Telecommunications Service Joint-Stock Corporation (SPT) has begun to offer free public wifi in Vung Tau City in the southern province of Ba Ria - Vung Tau.
Sanjo city in Japan ’s Niigata Prefecture has agreed to help the southern province of Ba Ria-Vung Tau in human resource training by receiving apprentices from the province to study and work in Sanjo.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
Cai Mep-Thi Vai international port (Source: VNA)
