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Many areas, including infrastructure construction and renewable energy production, are assessed to be the potential for US businesses to invest in Vietnam.

On December 25, 2020, Radio and Television Station of Ba Ria - Vung Tau province cooperated with Thanh Binh Phu My Joint Stock Company, Long Son Petrochemical Co., Ltd., Agriculture - Trade - Tourism Cooperative Bau May produced the program "BRT Movement" with the report on the title "Journey to overcome the whirpool". The program was broadcast on Ba Ria - Vung Tau Television on December 30, 2020.

The Regional Comprehensive Economic Partnership (RCEP) was one of Vietnam’s major achievements when the country was serving as the Chair of ASEAN in 2020.

On the morning of November 20, 2020, Ba Ria – Vung Tau College of Technology held the opening ceremony of the 2020-2021 school year and celebrated Vietnam Teachers' Day 20th November.

 

In the first 8 months of the year, Ba Ria - Vung Tau has 39 newly licensed investment projects with a total capital of more than 945 million USD.

 
Changing the growth model, upgrading industrial parks and renovating state management are three recommendations for the development of industrial zones in the context of the ongoing strong Industrial Revolution 4.0

The Foreign Investment Department (Ministry of Planning and Investment) said that real estate ranked third in the list of sectors attracting capital from foreign investors (FDI) in the past eight months with nearly 1.6 billion USD.

According to forecasts from Savills, the industrial real estate market in 2021 will welcome 6 more projects with a total land area of more than 3,700 hectares. Most of the projects are located in the North, but large supply comes from the South.

 

The information from Ba Ria Vung Tau Industrial Zones Authority stated that from the beginning of this year until now, although the COVID-19 epidemic course is complicated, the number of investment projects in industrial parks is increasing over the proposed plan. According to the plan, provinces sets a target of attracting 30 investment project in 2021; however, 8 months in 2021 even has 39 investment project are recently issue licenses of which 11 FDI projects and 28 domestic project.