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5 clusters · 9 sources · 44 days · First seen · Last updated

Hai Phong infrastructure and economic development

Overview

Authorities in Hai Phong continue to prioritize major infrastructure and economic development projects, focusing on the Southern Coastal Economic Zone to resolve bottlenecks at the Nam Do Son Port and various industrial parks. Key transportation projects, including Ring Road 2 and the Nguyen Trai bridge, remain under special monitoring to ensure technical commissioning and connectivity goals are met by the 2027 Lunar New Year.

Economic performance remains strong, with the city expanding its investment cooperation to attract green capital and enhance its maritime gateway role. During the first eight months of 2026, export turnover reached approximately 42.2 billion USD, while imports rose 18.56% year-on-year to 31.1 billion USD. Foreign direct investment (FDI) reached approximately 3.47 billion USD, a 1.8-fold increase compared to the previous year.

Chinese investors have played a substantial role in this growth, contributing 823 FDI projects totaling 13.26 billion USD. The manufacturing sector remains the primary driver, accounting for 72.73% of projects and 76.63% of registered investment capital. Major regional operators include Pegatron Vietnam, Lite On Vietnam, Universal Scientific Industrial, and Phihong Vietnam. Pegatron Vietnam’s General Director, Huang Jen Chieh, noted that the company expects 2026 revenue to increase by 19.59% year-on-year, attributing this expansion to local authority support.

Entities

Hai Phong · Le Ngoc Chau · Do Thanh Trung · Universal Scientific Industrial · Hai Phong Economic Zone Management Board

Timeline

  1. [BUSINESS] 2 sources
    Hai Phong expands economic cooperation and attracts green investment

    Hai Phong, Vietnam, reports a surge in foreign direct investment, reaching 3.47 billion USD in early 2026, driven largely by Chinese manufacturing and green energy interests.

  2. [BUSINESS] 2 sources
    Hai Phong attracts $3.47 billion in FDI amid shift to quality investment

    Hai Phong has secured $3.47 billion in FDI, prompting a strategic shift toward prioritizing investment quality, technological innovation, and streamlined administrative procedures.

  3. [BUSINESS] 2 sources
    Hai Phong reports strong economic growth and land auction plans

    Hai Phong reports strong 2026 economic growth, with most indicators exceeding targets, including high FDI and budget revenue, while planning to auction 88 redundant administrative land sites.

  4. [BUSINESS] 3 sources
    Hai Phong places five key transport projects under special monitoring

    Hai Phong authorities have placed five major transportation projects under special supervision to accelerate construction and public investment disbursement, targeting completion of key routes by 2027.

  5. [BUSINESS] 2 sources
    Hai Phong officials address bottlenecks in Southern Coastal Economic Zone

    Hai Phong officials are working to resolve bottlenecks for major projects in the Southern Coastal Economic Zone, including Nam Do Son Port and an LNG power plant, to drive regional economic growth.

Sources

baogialai.com.vn · cafef.vn · en.baoquocte.vn · en.vietnamplus.vn · es.vietnamplus.vn · reatimes.vn · tienphong.vn · vietnamplus.vn · vtv.vn

This summary has been updated 3 times: see revision history