Situated in the southern key economic zone, Vung Tau is one of the major economies and investment destinations of Vietnam. Known for being the biggest crude oil extraction of Vietnam as well as having a spectacular location on a penisula with ocean on three sides; Vung Tau’s infrastructure is highly developed, making it an ideal area for foreign direct invesment, ranking third place in FDI attraction in the country.
The city is located only 2 hours (aprox.) from Saigon, and is the only petroleum base in Vietnam where crude oil and gas extraction actitivies contribute principal income to the national budget and export volume. Thus, Vung Tau is no stranger to become a trusted host for a lot of conference meetings among major domestic businesses with well-equipped venues and lots of activites to do for incentive groups.