Connecting Ho Chi Minh City businesses with Ba Ria-Vung Tau

Scene of the working session between the Provincial Industrial Park Management Board and the Ho Chi Minh City Business Association.

Great potential

At the recent working session between enterprises, members of the Ho Chi Minh City Business Association and the Provincial Industrial Park Management Board, introducing the province's development potential, Mr. Vo Thanh Phong, Head of the Provincial Industrial Park Management Board, said that Ba Ria-Vung Tau has a strategic location as the center of the Southern key economic region, owns a multi-modal transport infrastructure system that is continuing to be upgraded, and a transparent and open investment environment.

“In particular, with many advantages such as a deep-water port system and the ability to provide stable electricity, gas and water, Ba Ria-Vung Tau has become a locality chosen by many large domestic and foreign enterprises for investment,” said Mr. Phong.

Mr. Phong also informed that according to the plan, Ba Ria-Vung Tau will have 24 industrial parks with an area of ​​over 16,050 hectares. Currently, there are 13 industrial parks in operation with an occupancy rate of 68.67%. In the past, the province has always been steadfast in its goal of selectively attracting investment. Projects must use modern, environmentally friendly technology; focus on a number of industry groups such as: petrochemicals, robot manufacturing, artificial intelligence, automatic integrated equipment; mechanical engineering of equipment for seaports, logistics; pharmaceuticals, biological products, etc.

According to Mr. Nguyen Ngoc Hoa, Chairman of the Board of Directors of the Ho Chi Minh City State Financial Investment Company, Chairman of the Ho Chi Minh City Business Association, many members of the association highly appreciate the development potential of Ba Ria-Vung Tau province. Not only is it geographically close, but the province also has other factors related to society, environment, and resources that are favorable for Ho Chi Minh City businesses to invest. "The meeting is an opportunity for us to have more information and seek opportunities to "get involved" with Ba Ria-Vung Tau," said Mr. Hoa.

Ho Chi Minh City enterprises are interested in investment opportunities in Ba Ria-Vung Tau. In the photo: A corner of Sonadezi Industrial Park, Chau Duc district.

Removing barriers to cooperation

The working session took place enthusiastically with information exchange from enterprises, state management agencies of Ba Ria-Vung Tau and Ho Chi Minh City and the first cooperation opportunities were opened.

Ms. La Thi Lan, General Director of Tien Loc Investment Group Joint Stock Company, said that she is researching to invest in buying back a project in Sonadezi Chau Duc Industrial Park because she sees the potential in this area. Therefore, this company wants to know more information about this industrial park and the procedures and legal regulations to be able to implement the investment in the near future.

Receiving the intention of enterprises from Ho Chi Minh City, Mr. Nguyen Minh Tan, Deputy General Director of Sonadezi Chau Duc Joint Stock Company, said that the Industrial Park is continuing to invest heavily in technical infrastructure and land clearance to welcome domestic and foreign enterprises. "Chau Duc Industrial Park is attracting industries in line with the province's orientation and is committed to accompanying and providing maximum support to investment partners here," Mr. Tan affirmed.

In addition to attracting resources from international investors, Ba Ria-Vung Tau province always focuses on promoting and supporting domestic enterprises. This is an important resource for the development not only of the locality but also of the whole country. The province is committed to always accompanying, providing maximum support, and creating the best production and business environment for enterprises in Ho Chi Minh City in particular and the whole country in general when investing in Ba Ria-Vung Tau.

(Mr. Vo Thanh Phong, Head of the Provincial Industrial Park Management Board)

Many representatives of other enterprises in fields such as energy, mechanics, and finance have also expressed their excitement at the opportunity to "find a fate" to invest in Ba Ria-Vung Tau, but there are still concerns. Mr. Tran Viet Anh, General Director of Nam Thai Son Import-Export Joint Stock Company, said that one of the most concerning issues for enterprises when investing in a locality is the labor force. Along with that, paying a high one-time land rental fee is also a difficulty given the current potential of Vietnamese enterprises. Therefore, the business community in general, and Ho Chi Minh City enterprises in particular, hope that the province will continue to have strong solutions and policies to support investors.

Article and photos: PHU XUAN

Source: https://baobariavungtau.com.vn/kinh-te/202504/ket-duyen-doanh-nghiep-tpho-chi-minh-voi-ba-ria-vung-tau-1039246/