Media Center

More than 4.4 km long, with 4 lanes, Phuoc Hoa - Cai Mep road has been completed and opened to traffic, finally. The project has Mo Nhat bridge spanning the river of the same name with a length of 696 m, a bridge cross section of 20 m, including four lanes.

On the occasion of Tan Suu Lunar New Year 2021, the People's Committee of Phu My town together with Thanh Binh Phu My Joint Stock Company have visited, wished Tet and gave gifts to families in difficult circumstances in Phu My town. This is an annual activity to share difficulties and bring good values to the community.

According to the research by the World Bank and IHS Markit, 3 Vietnamese seaports, Cai Lan International Container Terminal in the northern province of Quang Ninh ranked at 46th while Hai Phong Port and Cai Mep International Terminal in the southern province of Ba Ria-Vung Tau ranked at 47th and 49th, respectively.

On the morning of January 19  2021, in Phu My town, Ba Ria Vung Tau province, "Super port" Gemalink was officially put into operation and held a ceremony to welcome the first commercial ship of CMA-CGM shipping company to dock with cargo handling volume amounted to reach nearly 8,422 TEUs.

The volume of goods transported through southern ports has been rising by an average of 20 % a year in recent years, according to a report by Vietcombank Securities Company. The most important reason is the development of deep-water facilities at Ba Ria - Vung Tau Province. 

The fact that European investors want to pour nearly $ 1 billion into a logistics project in Phu My town, after the EVFTA Agreement and the event to welcome the largest container ship in the world, opens the opportunity to bring this place into the world's most important commercial ports.

The continuous waves of COVID-19 have challenged the Vietnam industrial market in Q3 2021, and heavily impacted the Southern region. In July, Directive 16 was applied in HCMC, Binh Duong, and Dong Nai that nearly frozen the inter-province transportation of labour force and goods. From what was experienced in Bac Ninh, the government and manufacturers adjusted their plan frequently to maintain the production and safety of the labour force during this challenging period.

In the first 9 months of the year, despite being heavily affected by the COVID-19 epidemic, the activity of attracting investment in industrial parks in the province still achieved positive results, exceeding the plan for the whole year.


This has a huge impact that makes Ba Ria – Vung Tau real estate market attractive to investors,especially in the type of industrial real estate.