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Economy and society in Vung Tau


Economy and society in Vung Tau

The city is located in the south of Vietnam, and is situated at the tip of a small peninsula. It has traditionally been a significant port, particularly during Vietnam's period of French rule. Today, the city's importance as a shipping port has diminished, but it still plays a significant role in Vietnam's offshore oil industry. Vung Tau is the only petroleum base of Vietnam where crude oil and gas exploitation activities dominate the city's economy and contribute principal income to Vietnam's budget and export volume.
An oil rig offshore Vũng Tàu
An oil rig offshore Vũng Tàu
Vũng Tàu is home to 210,000 people, in which 1250 are Russians working as specialists in the oil industry.

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Where To Stay & Best Hotels in Vung Tau - updated May 2024

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Vung Tau Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.

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