Ba Ria-Vung Tau: The port industry in Ba Ria-Vung Tau province reported significant achievements in 2024, with total goods throughput at its seaports exceeding 138.2 million tonnes. This figure marks a 23% increase over the annual plan, while container cargo volume reached 10.8 million TEUs, reflecting a 34% rise from the previous year. These developments underscore the pivotal role of the port industry in bolstering the region’s economic performance.

According to Vietnam News Agency, Le Ngoc Linh, Director of the provincial Department of Planning and Investment, emphasized the substantial growth in the region’s Gross Regional Domestic Product (GRDP), which expanded by 11.72% in 2024, marking the highest rate in the past decade. This economic surge was complemented by the achievement or surpassing of 36 out of 37 socio-economic targets set for the year. Furthermore, the public investment disbursement rate exceeded 95.9%, the highest in the 2021-2024 period, underscoring the effective allocation of resources.

The remarkable performance of Ba Ria-Vung Tau’s port industry has been a cornerstone of the province’s economic strategy, capitalizing on its strategic location and infrastructure to drive growth and development. The province’s focus on enhancing its logistics capabilities has positioned it as a critical hub for trade and commerce, contributing significantly to its economic vitality.