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Hai Phong infrastructure and economic development

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-08-26 11:49 UTC → 2026-08-28 14:22 UTC · added removed

Authorities in Hai Phong are focusing on accelerating major infrastructure and economic development projects. Officials have met with representatives from the Southern Coastal Economic Zone to address bottlenecks affecting the Nam Do Son Port, an LNG thermal power plant, and various industrial parks. Efforts in this zone include improving connectivity through the Van Uc 2 Bridge and the Ninh Binh - Hai Phong expressway. In a subsequent move to To improve public investment disbursement, the Hai Phong City Party Secretary ordered special monitoring for Le Ngoc Chau has placed five key transportation projects. projects under special monitoring and supervision. These include the Nguyen Trai bridge, several major bridge and urban renovation project, the Bui Vien - Le Hong Phong and Vo Nguyen Giap - Bui Vien intersections, and segments of Ring Road 2. Challenges such as technical infrastructure issues, waste disposal site difficulties, and land clearance for hundreds of households and technical infrastructure issues are being addressed to meet construction goals addressed. The city has requested detailed critical path schedules by the end of August, aiming for technical commissioning of several tunnels, intersections, and the full Ring Road 2 route before the 2027 Lunar New Year. Economic indicators for the first eight months of 2026 show strong performance, with nine out of ten key indicators exceeding projections. State budget revenue reached nearly 147 trillion VND, surpassing the eight-month plan by 22.5%, while export turnover reached approximately 42.2 billion USD. Foreign direct investment (FDI) attracted nearly 3.5 billion USD, a 1.8-fold increase year-on-year. Regarding housing, the city aims to complete 7,135 social housing units in 2026, with 2,050 units finished by late August. Additionally, the city approved plans to auction land use rights for 88 redundant administrative headquarters, including 29 educational facilities.

Versions

  1. 2026-08-28 14:22 UTC Hai Phong infrastructure and economic development
  2. 2026-08-26 11:49 UTC Hai Phong infrastructure and economic development

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