Promoting Non-Budget Investment Projects

For 2025, Hai Phong City has developed a list of 24 key projects, including 13 non-budget ones with a total investment of more than VND 119,550 billion. To achieve the growth target of 12.5%, in addition to promoting the driving forces from the production and disbursement of public investment capital, the city has placed focus on promoting non-budget investment projects.

Groundbreaking of Ring Road Investment Project

On March 11th morning, the City People's Committee held the groundbreaking ceremony for the Investment Project to build the Ring Road 2 at the Tan Vu - Hung Dao - Bui Vien section. The project is of great significance in creating a breakthrough in the city's socio-economic and urban development, and is the concretization of developing Hai Phong City’s transport infrastructure in a synchronous, interconnected, civilized and modern direction. Mr. Tran Cam Tu, Politburo member, Standing member of the Secretariat attended and announced the groundbreaking of the project.

Groundbreaking Korea's Jeil Logistic 1 Project in Nam Dinh Vu Industrial Park 

On the morning of February 25, comrade Le Trung Kien, Member of the Standing Committee of the City Party Committee, Head of the Hai Phong Economic Zone Authority, attended the groundbreaking ceremony of the Jeil Logistics 1 Project (Nam Dinh Vu Industrial Park).

Nam Dinh Vu Industrial Park Attracts Investors

Currently, many localities across Asian countries and territories are vigorously promoting land reclamation strategies with a long-term vision. In Hai Phong, coastal industrial parks are increasingly proving their effectiveness as they continue to attract investments from global investors.

Vietnam Plans To Invest About $13 Billion In Two Railways To China

Vietnam’s Ministry of Transport has summited to the Government a plan to invest $13 billion in building and upgrading two railway lines Hanoi-Dong Dang (Lang Son), Hai Phong-Ha Long-Mong Cai (Quang Ninh) linking with China.

Developing Innovative Startup Ecosystem In Hai Phong City

To implement Project 844 of Vietnams Ministry of Science and Technology on developing the national innovation and startup ecosystem by 2025, the Center for Science and Technology Development and Innovation under Hai Phong Citys Department of Science and Technology has implemented a wide range of connection activities so that startup enterprises in Hai Phong have the opportunity to access resources and business opportunities with other domestic and international enterprises.

Exhibition Introducing Investment Environment And Development Orientation Of Hai Phong City

At the Viet-Czech Friendship Labor Cultural Palace, an exhibition showcasing products from local enterprises, the investment and business environment, urban planning, and development orientation, as well as strategy for expanding industrial development space and creating room for attracting high-value-added FDI of Hai Phong city has been held.

Accelerating Progress Of Key Projects

To implement the citys planning and development of industrial zones, Vinh Bao district is currently constructing the Giang Bien 2 industrial cluster, covering an area of approximately 50 hectares. To support the infrastructure of this industrial cluster, a project is underway to build a road connecting the Giang Bien 2 industrial cluster to National Highway 10. Currently, the project is being expedited to meet the established timeline.

Hai Phong City Leads In FDI Attraction

Hai Phong City is considered a prime destination for top global investors. Currently, the city has 975 valid foreign investment projects with a total registered investment capital of 30.65 billion USD.

Hai Phong Holds Investment Promotion Conference In China

Within the framework of the working trip to China, on the morning of August 7th, in Shenzhen City, Guangdong Province, the Hai Phong Investment Promotion Conference in China 2024 officially took place with the participation of more than 300 enterprises from China and Vietnam.