Infrastructure creates momentum
Hai Phong has a strategic location, is the gateway to the sea of the North, located in the Northern growth engine region.
The construction of the Southern Coastal Economic Zone is not simply about expanding space for Hai Phong, but also about creating regional development linkages, increasing national competitiveness, and making the most of the strategic location and regional transport infrastructure.
When handing over the Decision to establish the Southern Coastal Economic Zone to Hai Phong City, Deputy Prime Minister Tran Hong Ha emphasized that this is a project that marks a new era, a stage of development to a new height for Hai Phong.
With a scale of 20,000 hectares located in the Southeast of Hai Phong city, the Southern Hai Phong Coastal Economic Zone is oriented to develop and exploit to the maximum the advantages of its international gateway location, industrial development foundation, and seaport services in connecting economy, trade, and services with neighboring and international areas.
Closely combine investment attraction and economic development with ensuring national defense and security, preserving and promoting the value of marine ecosystems, historical and cultural relics and ensuring social security.
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| Hai Phong prioritizes attracting FDI in the fields of high-tech industry, manufacturing, seaports and logistics. Pictured is the Deep C industrial park. Photo: Huy Dung |
The Southern Coastal Economic Zone is expected to develop with more than 3,000 hectares of seaport with a length of 12 km, more than 4,000 hectares of industrial land, 1,800 hectares of urban land and over 1,000 hectares of Free Trade Zone.
The establishment of the Economic Zone creates conditions for the city to pilot new mechanisms and policies, creating an open and favorable investment environment, attracting domestic and foreign resources to realize the set goals.
With these advantages, by 2030, the Southern Coastal Economic Zone is expected to become the main driving force of Hai Phong's economy, reaching 80% of the capacity of Dinh Vu - Cat Hai Economic Zone in 2023.
It is expected that the total investment by 2030 will reach about 8 billion USD. By 2040, it will attract about 40 billion USD in investment, with import and export reaching over 70 billion USD. It is expected to contribute 550,000 billion VND to the budget and attract 400,000 workers.
Currently, Hai Phong has a total of 42 industrial parks, of which East Hai Phong has 22 parks and West Hai Phong has 20 parks with a total area of over 11,000 hectares.
Hai Phong has two major economic zones, including Dinh Vu - Cat Hai economic zone and Hai Phong Southern coastal economic zone. Of which, Hai Phong Southern coastal zone with the highlight of mega projects such as Tien Lang International Airport, Nam Do Son deep-water port system (international cargo transit gateway), free trade zone is expected to become the city's new growth engine in the future.
In addition to established and existing industrial parks, Hai Phong also has 79 industrial clusters with a total area of more than 3,800 hectares.
Hai Phong currently has 6 wharves in Lach Huyen port area put into operation. The port has the longest wharf length in Hai Phong seaport area up to 900 m, the port is capable of receiving 2 large tonnage container ships at the same time.
Recently, the Ministry of Construction has also approved the policy of allowing berths 1 and 2 of Lach Huyen port area to receive container ships with a capacity of up to 165,000 DWT with reduced load.
According to data from the Hai Phong Maritime Port Authority, 6 wharfs at Lach Huyen port area are put into operation synchronously and at full capacity, the cargo throughput can reach more than 4 million TEUs.
In the first 7 months of 2025 alone, the volume of goods passing through Lach Huyen area reached 1.2 million TEUs and by the end of this year it will reach 2.2 million TEUs.
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| Lach Huyen International Gateway Port. Photo: Le Dung |
In order to support the completion of infrastructure and ensure sustainable exploitation conditions, recently, Mr. Tran Van Ky, Chairman of Hateco Group, has proposed to the People's Committee of Hai Phong City to consider and direct the early commencement of construction of the traffic route after the port from Wharf No. 3 to Wharf No. 6 and Tan Vu - Lach Huyen 2 bridge, to reduce traffic pressure on Cat Hai island.
Specifically, the traffic route after the port from wharf No. 3 to wharf No. 6 is expected to start construction in August 2025. The project investor is committed to shortening the construction time as much as possible so that the project can be put into operation as soon as possible, creating convenience for vehicles entering and leaving the port.
After listening to opinions and proposals, Mr. Le Ngoc Chau, Chairman of Hai Phong City People's Committee, requested Hateco Group and HHIT Port to closely coordinate with the City People's Committee and related departments, branches and units to review and update plans, unify report content, and propose to the Central Ministries and branches to soon implement investment projects in transport and maritime infrastructure, ensuring effective exploitation and operation.
At the same time, it is recommended that the Hai Phong Maritime Port Authority soon propose to the Central Ministries and branches to implement the investment project to build turning basin No. 2 in front of berths 5 and 6; creating favorable conditions for 200,000 DWT ships to enter and exit conveniently, contributing to the economic growth of the city.
The advantages of land, seaports, and logistics have become important levers for Hai Phong City to continuously be in the leading group of the country in attracting investment capital.
Strong attraction to investors
Hai Phong leads the country in the Provincial Competitiveness Index (PCI) and the Public Administration Reform Index (PAR-INDEX) in 2024. The transparent investment environment, increasingly streamlined procedures, and strong digital transformation help investors feel secure in investing long-term.
According to the Hai Phong Statistical Office, as of July 20, Hai Phong had 1,737 valid projects (including the West Hai Phong area) with a total investment capital of 49.947 billion USD. Of which, in industrial parks and economic zones there were 1,004 projects with a total investment capital of 42.064 billion USD; outside industrial parks and economic zones there were 733 projects with an investment capital of 7.883 billion USD.
From the beginning of the year to July 20, foreign investment attraction in the city reached 1,485.2 billion USD. Of which, 127 new projects were granted with newly granted capital of 825 million USD (mainly in the processing and manufacturing industry); 96 projects were adjusted to increase investment capital with an additional investment of 611.3 million USD; 8 capital contributions and share purchases with a total capital of 48.9 million USD.
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| Hai Phong City People's Committee granted investment registration certificates to 32 projects and 7 investment cooperation memorandums with a total investment capital of more than 15.6 billion USD, focusing on the fields of industrial park infrastructure development, seaport infrastructure - logistics, energy, high-tech manufacturing and urban development. |
In mid-July, the 3rd APEC Business Advisory Council (ABAC III) meeting was held in Hai Phong. The event brought together leaders and leading businesses from 21 member economies, including ambassadors from leading economies such as the United States, Germany, South Korea, Singapore, Japan, etc.
Within the framework of the Conference Week, at the Investment Promotion Conference 2025 - a strategic destination of the new era, on July 15, Hai Phong City granted investment registration certificates to 32 projects and 7 memorandums of understanding (MOUs) with a total registered capital of more than 15.6 billion USD.
Mr. Bruno Jaspaert, Chairman of the European Chamber of Commerce in Vietnam (EuroCham), General Director of Deep C Industrial Park Complex expressed: "The FDI capital that Hai Phong has attracted is unprecedented."
Investment projects focus on key areas such as industrial park infrastructure development, seaport infrastructure - logistics, energy, high-tech manufacturing and urban development. These include: Investment projects to develop industrial park infrastructure in Tan Trao Industrial Park, Ngu Phuc Industrial Park, Binh Giang Industrial Park, Tran Duong - Hoa Binh Industrial Park (area A), Kim Thanh 2 Industrial Park (phase 1), Hoang Dieu Industrial Park, Thuy Nguyen Industrial Park, Tien Lang Airport Industrial Park (area B).
The project to build berths 9, 10, 11, 12 at Lach Huyen Deepwater Port (Cat Hai Special Zone) worth nearly 1 billion USD aims to improve customs clearance capacity and affirm Hai Phong's position as an international logistics center. These are all driving projects, creating room for Hai Phong city to develop in the coming time.
New projects invested in Hai Phong are all high-tech, supporting industry and logistics projects such as high-tech projects such as Shin Et-su Rare Earth Production Plant (DEEP C 1 Industrial Park), Investment Project for Construction of Ready-built Factories for Lease (Dai An Industrial Park), JCV Corp Project (Trang Due Industrial Park), Project of Jupiter Hai Phong Vietnam Supply Chain Management Joint Stock Company (DEEP C 3 Industrial Park), Project for Production of Spare Parts and Accessories for Motor Vehicles and Engines of Hyundai Kefico Corporation (Dai An Industrial Park)...
Hai Phong is currently in the process of forming the Hai Phong Free Trade Zone with a special mechanism approved by the National Assembly. Outstanding preferential policies will be a breakthrough advantage to help Hai Phong welcome high-quality capital flows in the near future.
Source: https://baodautu.vn/hai-phong-tam-diem-don-song-dau-tu-d354524.html
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