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On December 5, Minister of Planning and Investment Nguyen Chi Dung and Jensen Huang, CEO of NVIDIA, announced a significant cooperation agreement between the Vietnamese Government and NVIDIA in the field of Artificial Intelligence (AI) research and development. This marks a major step in affirming Vietnam's position in high-tech industries, especially AI.
When Phu My Dry Port comes into operation, it is expected to form a complete logistics center, increasing the efficiency of seaport operations for the entire Southeast region.
On the occasion of the 19th anniversary of Vietnam Entrepreneurs Day (13/10/2004-13/10/2023) as well as to recognize and honor the great contributions of the business community and entrepreneurs to the development of the province, in the afternoon of 13/10/2023, in Vung Tau City, the Provincial Party Committee, People's Council, People's Committee, People's Committee of Ba Ria – Vung Tau province organized a gathering to celebrate the 19th anniversary of Vietnam Entrepreneurs Day (13/10/2004 – 13/10/2023).
On the afternoon of October 11, Ba Ria-Vung Tau Province held a gathering to commemorate the 20th anniversary of Vietnam Entrepreneurs' Day (October 13, 2004 - October 13, 2024). The event aimed to acknowledge the dedication and contributions of the business community, while honoring their achievements and the impact they have made on the country as a whole, and on Ba Ria-Vung Tau Province in particular.
On September 8th, 2023, the Land Sublease Contract signing ceremony between TRELLEBORG VIETNAM CO., LTD and Phu My 3 Specialized Industrial Park (PM3 SIP) with a scale of 60,000 m2 took place.
In the first months of 2024, Ba Ria - Vung Tau province has 18 newly registered FDI projects, with a total registered investment of 1.521 billion USD, an increase of 42 times over the same period, 9 projects adjusted to increase capital reached 120.8 million USD. With the above figure, for the first time, Ba Ria - Vung Tau has risen to the top in attracting foreign investment capital in many industries and fields.
The project of a polysilicon processing and cleaning plant in Phu My 3 Specialzied Industrial Park invested by Tokuyama Corporation is built on an area of 50,000m2, with a total investment of about 30 million USD.
According to data from the Foreign Investment Agency (Ministry of Planning and Investment), as of May 20, 2024, Ba Ria - Vung Tau leads the country in attracting FDI with a total registered investment capital of more than 1.52 billion USD, accounting for 13,8% of the country's total investment capital.