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
QUARTERLY PIT FILING FOR EMPLOYMENT INCOME APPLIES FROM APRIL 2026
Deloitte Vietnam would like to update members of HKBAV on a recent change to Personal Income Tax (“PIT”) filing procedures, which applies from April 2026 onwards. On 7 April 2026, the Government issued Resolution No. 66.16/2026/NQ-CP, setting out its direction to reduce and simplify administrative procedures and regulations affecting business activities. The Resolution took effect on 15 April 2026.
INFOGRAPHIC SOCIAL-ECONOMIC PERFORMANCE IN APRIL 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.
PHU QUOC MAKES UP OVER 80% OF AN GIANG’S TOURISM REVENUE
Phu Quoc Special Zone has accounted for more than 81% of An Giang Province’s tourism revenue so far this year, while attracting nearly all international visitors to the province. Tourism revenue in An Giang has reached an estimated VND33.17 trillion in January-May, up 37.2% from a year earlier. The province has welcomed more than 13.3 million visitors, up 12.1%, while international arrivals have grown 48.4% to around 1.18 million, reported the Vietnam News Agency.
VIETNAM OUTLINES SUSTAINABLE AGRICULTURE AGENDA FOR NEXT FIVE YEARS
Vietnam’s agriculture sector has set targets of achieving average annual GDP growth of 3.6-4%, increasing export revenue by 10-12% per year, and cutting greenhouse gas emissions by 8-9% over the next five years. The targets form the core of a broader strategy to shift from low-value agricultural production toward higher-value products and build an ecological, green and low-emission agricultural sector with more efficient resource management.
OUTSTANDING LOANS IN HCMC, DONG NAI TOP VND6 QUADRILLION
Total outstanding loans in HCMC and Dong Nai City had amounted to VND6 quadrillion as of April 2026, accounting for 31.1% of the total in Vietnam’s banking system. The latest figures were released on May 26 by Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Area 2 branch, which oversees HCMC and Dong Nai City.
KNIC OFFICIALLY HOLDS GENERAL CONTRACTOR CEREMONY FOR INFRASTRUCTURE CONSTRUCTION AT KNIC NAM LONG THANH IP
On May 21, 2026, KNIC officially launched the infrastructure construction for Phase 1 of KNIC Nam Long Thanh Industrial Park (Bau Can - Tan Hiep), spanning 1,000 hectares in Dong Nai. Following the completion of all key legal and planning procedures, this milestone marks the project’s transition into active on-site implementation.
























