Vũng Tàu is a city in southern Vietnam. Its population in 2005 was 240,000. The city area is 140 km2 (54 sq mi) including 13 urban wards and one village. It is the capital of Ba Ria-Vung Tau province, and is the crude oil extraction center of Vietnam. It is also known as one of the most beautiful cities of tourism in Vietnam. Located near Ho Chi Minh City and Binh Duong province, Vũng Tàu in association with these two places forms a triangle of economic power.
The city is located in the south of Vietnam, 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 offshoreoil industry. Vũng Tàu is the only petroleum base of Vietnam where crude oil and natural gas exploitation activities dominate the city's economy and contribute principal income to Vietnam's budget and export volume.
Vũng Tàu shipyard's reconstruction is scheduled to be completed in 2008, supplied with up-to-date anchor handling supply vessels of Aker.
The city is located in the south of Vietnam, 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 offshoreoil industry. Vũng Tàu is the only petroleum base of Vietnam where crude oil and natural gas exploitation activities dominate the city's economy and contribute principal income to Vietnam's budget and export volume.
Vũng Tàu shipyard's reconstruction is scheduled to be completed in 2008, supplied with up-to-date anchor handling supply vessels of Aker.
