Ba Ria - Vung Tau tourism has really thrived and achieved many positive results in the face of numerous many difficulties in the way. Promising ideas have also been effectively realized to make tourism one of five economic locomotives of the province as defined by the resolution of the 7th Provincial Party Congress, especially high-quality tourism development.
Despite facing numerous difficulties and challenges, especially in 2021 due to enormous impact of the COVID-19 pandemic, Ba Ria Rubber Joint Stock Company (BARUCO) managed to fulfill its business tasks, take good care of employees, preserve capital sources and enjoy a profitable business.
The formation and strong development of petrochemical companies has strongly affected and facilitated the comprehensive social and economic development of Ba Ria - Vung Tau province. That strong development has made many petrochemical, oil and gas companies well-reputed names in the region and in the world, including Long Son Petrochemicals Co., Ltd. (LSP).
To catch up with investment flows into Ba Ria - Vung Tau province, in 2009, Tin Nghia - Phuong Dong Industrial Park Joint Stock Company invested in building 496.22-ha Dat Do I Industrial Park in Dat Do district.
With a team of qualified and dedicated medical staff, always taking the patient as the center, considering improving medical ethics as strengthening the quality of medical examination and treatment, Van Phuoc General Hospital has become a reliable address for people in Ba Ria - Vung Tau province. This has contributed to the protection and care of people's health, reducing the number of patients who have to be transferred to higher level hospitals.
With the groundbreaking strategy and mindset, Lan Anh Co., Ltd, established 16 years ago, has become the most prestigious real estate developer in Ba Ria - Vung Tau province and in the Southeast region. With the continuous launch of high-quality products, the company not only brings people a long-term dwelling place but also makes an important contribution to local urbanization and industrialization.
After 32 years of construction and development (1990-2022), Ba Ria - Vung Tau House Development Joint Stock Company (Hodeco) has kept constant growth to become a prestigious real estate developer in the province. With more than 30 projects that supply more than 7,000 housing products to the market, Hodeco has significantly helped change the urban face and become one of key factors in urbanization, industrialization and modernization in the province.
With 27 projects, the total FDI investment capital is more than US$1.5 billion from investors who are large multi-industry corporations from Japan, Korea, and Europe …; it can be affirmed that Phu My 3 Specialized Industrial Park has done a very good job as a “nest” to attract many “eagles” and quality investment capital for Ba Ria – Vung Tau province (BRVT), promoting socio-economic development of the province in particular, and Southern Key Economic Region in general.
Despite being established later than other localities, industrial zones in Ba Ria - Vung Tau province have achieved important outcomes, especially helping accelerate industrialized economic restructuring. With these successes, Ba Ria - Vung Tau Industrial Zones Authority (BIZA) proposed that the Provincial People's Committee introduce reasonable policies to attract investors to local industrial zones.
To become a Top 10 performer of digital transformation, smart city development and smart administrative reform in the country, Ba Ria - Vung Tau province is trying to engage the whole political system, provincial and local agencies, business organizations and people in carrying out digital transformation.
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