Want to be in the loop?
subscribe to
our notification
Business News
BÀ RỊA-VŨNG TÀU ATTRACTS HIGH-TECH, ECO-FRIENDLY PROJECTS
Bà Rịa-Vũng Tàu Province is attracting high-tech and environmentally friendly industrial projects, with a focus on enhancing productivity, product quality, and sustainability.
A welding robot operates on the container production line at Hòa Phát Container Manufacturing JSC in Bà Rịa-Vũng Tàu Province's Phú Mỹ City. VNA/VNS Photo
BÀ RỊA-VŨNG TÀU — Bà Rịa-Vũng Tàu Province is attracting high-tech and environmentally friendly industrial projects, with a focus on enhancing productivity, product quality, and sustainability.
It is committed to selecting investments that feature clean technologies, low labour intensity and high added value.
This approach has led to the establishment of several advanced industrial facilities, including the Hòa Phát Container Manufacturing Plant in Phú Mỹ City.
The Hòa Phát plant, which uses cutting-edge automation technology, has a capacity of 500,000 TEU per year, making it the largest ISO container manufacturer in Việt Nam and Southeast Asia.
Vũ Đức Sính, the company’s general director, said the plant uses robotics and automated systems in its production process, ensuring high efficiency and strict quality control.
Another example is the Phú Mỹ Ultra-Clear Float Glass Plant operated by Viglacera in Phú Mỹ II Industrial Park, which produces high-quality glass with a light transmittance of 91.6 per cent.
The plant’s production process is almost entirely automated, reducing labour requirements and ensuring consistent product quality.
According to Nguyễn Giang Nam, deputy general director of the company, the facility’s advanced European technology serves both domestic and export markets.
The province’s emphasis on clean technology and eco-friendly industries has attracted investment from major global companies, including South Korea’s Hyosung, Australia’s Austal, Japan’s Marubeni, and South Korea’s Samsung.
Bà Rịa-Vũng Tàu has 621 projects in its industrial zones, 326 of them foreign-invested with capital of US$16.367 billion and VNĐ11.65 billion.
The province has been upgrading infrastructure to support investors, including developing road networks linking the Cái Mép – Thị Vải Port, coastal tourism areas and key southern economic zone and the Biên Hòa – Vũng Tàu Expressway, Phước An Bridge, and Ring Road 4 besides upgrades to National Highways 51, 55 and 56.
Nguyễn Văn Thọ, chairman of the Bà Rịa-Vũng Tàu People’s Committee, said the province aims to attract large high-tech investments with strong value-added potential.
Local authorities are also encouraging existing businesses to upgrade their production lines and adopt clean technologies.
Furthermore, the province is introducing measures to support businesses facing difficulties, including tax breaks, fee reductions and deferred payments.
Dedicated teams have been formed to assist investors, ensuring effective capital disbursement and addressing challenges they may encounter. – VNS
Source: VNS
Related News
VIETNAM ECONOMY INVESTMENT
VIETNAM’S AGRO-FORESTRY-FISHERY EXPORTS JUMP NEARLY 30% IN JANUARY
Vietnam’s exports of agricultural, forestry and fishery products surged nearly 30% year-on-year in January 2026, driven by strong growth across major commodity groups and key export markets, according to the Ministry of Agriculture and Environment. Export turnover for the sector in January is estimated at nearly US$6.51 billion, up 29.5% from the same period last year, the ministry said at a regular press briefing on February 5.
VIETNAM MONTHLY STATISTICAL DATA
INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN JANUARY OF 2026
The monthly statistical data presents current economic and social statistics on a variety of subjects illustrating crucial economic trends and developments, including production of agriculture, forestry and fishery, business registration situation, investment, government revenues and expenditures, trade, prices, transport and tourism and so on.
MEMBER CORNER / PROMOTIONS
PHUC VUONG DISTRIBUTES "TET REUNION" GIFTS: SENDING LOVE TO THE CONSTRUCTION SITES
On the afternoon of February 6th, amid the busy year-end atmosphere, Phuc Vuong Company organized the "Tet Reunion – Spring Connection" gift-giving event right at the construction site. This annual activity aims to honor the "dream builders" who have dedicated themselves to the company's growth. The General Director was present to personally express his sincere gratitude and hand over meaningful Tet gifts to the workers.
HOSPITALITY / TOURISM / ENTERTAINMENT
INTERNATIONAL ARRIVALS TO VIETNAM REACH NEW MONTHLY HIGH
International arrivals to Vietnam hit a new monthly record in January 2026, rising 21.4% from the previous month and 18.5% year-on-year, according to the National Statistics Office. Air travel continued to dominate, accounting for nearly 80% of all arrivals. Arrivals by land nearly doubled compared with the same period last year, while sea arrivals rose by about 30%, though they remained a small share.
PROPERTY / INDUSTRIAL ZONE
HCMC APPROVES 28 MORE LAND PLOTS FOR HOUSING DEVELOPMENTS
HCMC has approved 28 out of 30 proposed land plots for pilot housing developments, covering a combined area of more than 750,600 square meters, according to a newly adopted resolution. The approved sites are spread across multiple wards and communes, with a strong concentration in the city’s southern and eastern areas.
VIETNAM ECONOMY INVESTMENT
VIETNAM SEES STEADY FDI DISBURSEMENT BUT SLOWER EXPANSION IN JANUARY
Foreign direct investment (FDI) disbursement in Vietnam rose in January, while newly registered capital fell sharply, pointing to stable project implementation but slower investment expansion. Data from the Ministry of Finance showed that January FDI disbursement increased 11.26% year-on-year to US$1.68 billion, reflecting continued execution and expansion of existing foreign-invested projects.
Events Sponsors
