14/07/2026
Hai Phong develops foreign-invested economy
Hai Phong attracted an estimated more than USD 3.1 billion in foreign direct investment FDI in the first six months of the year, equivalent to 82% of its annual target. To attract overseas capital, the city is shifting its focus from simply attracting FDI to developing a foreign-invested economy, including supporting Vietnamese companies' participation in global supply chains.
Manh Toan Plastic Co., Ltd., a manufacturer of engineering plastics and high-end household plastic products for export markets, has been selected to join the Smart Factory Development Cooperation Project after strengthening its production capabilities. The Smart Factory project was officially launched at the company on July 8, opening new opportunities for its future development.
The Smart Factory Development Cooperation Project helps Vietnamese enterprises improve management standards, optimize operations and move closer to international benchmarks, enabling them to strengthen competitiveness and better meet the requirements of both domestic and overseas customers.
Ms. Nguyen Thi Bich Dung, Deputy Head, HEZA
Hai Phong has attracted an estimated cumulative total of 1,060 foreign-invested projects with combined registered FDI of nearly USD 46 billion, providing favorable conditions for developing a dynamic foreign-invested economic ecosystem across the city.