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With the support of the Japan International Cooperation Agency (JICA), Phu My 3 Specialized Industrial Park (Phu My town, Ba Ria-Vung Tau) was born, gradually becoming a model model, considered as an ecological, smart industrial park, applying information technology in management and operation.
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.