Developing industrial parks and economic zones is one of the important orientations of the city in recent years to attract large projects. The establishment of the Southern Coastal Economic Zone of Hai Phong with an area of ​​over 20,000 hectares has been welcomed by the business community.
Viet Nam Steel Pipe Company (Vinapipe) is a joint venture between Vietnam Steel Corporation and SeAH Steel Group of Korea, specializing in the production of steel pipes. In 2025, Vinapipe aims to achieve sales of about 25,000 tons of products and earn the revenue of VND 520 billion. The local authority has actively supported the company by simplifying administrative procedures, developing modern infrastructure and providing practical support. The favorable investment environment in Hai Phong is considered the factor that encourages investors to continue pouring investment into the city.
Proactive policies, favorable conditions and close cooperation between the government and businesses have attracted significant domestic and foreign investment, especially in key industries such as manufacturing, logistics and technology. As a result, Hai Phong has achieved impressive economic growth rates, maintaining double digits for more than 10 consecutive years. The city's efforts in establishing the Southern Coastal Economic Zone demonstrates its determination in increasing advantages for investors and production and business activities. The establishment of the Southern Coastal Economic Zone with a scale of more than 20,000 hectares promptly meets the demand for clean land and, more importantly, a dynamic economic space with a sustainable ecosystem, attracting new generation potential investors to Hai Phong city.
Thanh Nhan, Minh Quan