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Ba Ria – Vung Tau aims for sustainable development, maintaining its position in the top 10 localities with the largest GRDP in the country

Goals:

  • To build Bà Rịa – Vũng Tàu into one of the important driving forces for development in the Southeast region, a national maritime economic center, and among the top 5 localities leading the development of the marine economy in the country.
  • By 2030, Bà Rịa – Vũng Tàu will basically meet the standards of a centrally-run city, with a multi-center urban structure and a multimodal transport infrastructure.
  • Maintain a firm position in the group of 10 localities with the highest GRDP and total state budget revenue in the country.

Development strategies:

  • Develop 3 key economic axes in line with the port system and expressways:
    • Industrial – logistics axis along the Biên Hòa – Vũng Tàu expressway and Ho Chi Minh City Ring Road 4: Develop large-scale industrial – service – urban complexes, high-tech industrial parks, new service urban areas, and logistics areas.
    • Coastal tourism axis along provincial road DT994 and the connecting road to the Biên Hòa – Vũng Tàu expressway: Develop a chain of tourism products for resort tourism, sea tourism, sports – entertainment tourism, cultural tourism, ecotourism, medical tourism, healthcare, and beauty care…
  • Complete the expressway system, build new billion-dollar railways:
    • Develop the national road network in the province, including: Biên Hòa – Vũng Tàu expressway, Ho Chi Minh City Ring Road 4, National Highway 55, National Highway 56, National Highway 51, National Highway 51C.
    • Build sections of national highways bypassing urban areas.
    • By 2030, Bà Rịa – Vũng Tàu will have 22 provincial roads, including 12 existing roads and 10 additional roads according to the plan.

Expected results:

  • Enhance the competitiveness of Bà Rịa – Vũng Tàu, attract investment, create jobs, and promote economic growth.
  • Create favorable conditions for Bà Rịa – Vũng Tàu to become a leading maritime economic center, logistics center, and seaport in the region.

Source: Ánh Tuyết, “Bà Rịa – Vũng Tàu phát triển 3 trục kinh tế động lực bám cảng biển và các tuyến cao tốc”, available at https://vneconomy.vn/ba-ria-vung-tau-phat-trien-3-truc-kinh-te-dong-luc-bam-cang-bien-va-cac-tuyen-cao-toc.htm (accessed 16/07/2024)