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Hai Phong infrastructure and economic development

Updated 3 times since CLSTR started tracking revisions of this situation.

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2026-09-19 04:12 UTC → 2026-10-04 03:21 UTC · added removed

Authorities in Hai Phong are focusing on accelerating continue to prioritize major infrastructure and economic development projects. Officials have met with representatives from projects, focusing on the Southern Coastal Economic Zone to address resolve bottlenecks affecting at the Nam Do Son Port, an LNG thermal power plant, Port and various industrial parks. Efforts in this zone include improving connectivity through the Van Uc Key transportation projects, including Ring Road 2 Bridge and the Ninh Binh - Hai Phong expressway. To improve public investment disbursement, Hai Phong City Party Secretary Le Ngoc Chau has placed five key transportation projects Nguyen Trai bridge, remain under special monitoring and supervision. These include the Nguyen Trai 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 to ensure technical infrastructure issues, waste disposal site difficulties, commissioning and land clearance for hundreds of households connectivity goals are being addressed. The city has requested detailed critical path schedules met 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 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 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 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) attracted nearly 3.5 reached approximately 3.47 billion USD, a 1.8-fold increase year-on-year. Regarding housing, the city aims compared to complete 7,135 social housing units the previous year. Chinese investors have played a substantial role in 2026, with 2,050 units finished by late August. Additionally, this growth, contributing 823 FDI projects totaling 13.26 billion USD. The manufacturing sector remains the city approved plans to auction land use rights primary driver, accounting for 88 redundant administrative headquarters, including 29 educational facilities. As 72.73% of mid-September 2026, the city has attracted approximately $3.47 billion in FDI, with roughly 2,000 foreign-invested enterprises contributing more than 20% 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 city’s total domestic revenue. company expects 2026 revenue to increase by 19.59% year-on-year, attributing this expansion to local authority support.

Versions

  1. 2026-10-04 03:21 UTC Hai Phong infrastructure and economic development
  2. 2026-09-19 04:12 UTC Hai Phong infrastructure and economic development
  3. 2026-08-28 14:22 UTC Hai Phong infrastructure and economic development
  4. 2026-08-26 11:49 UTC Hai Phong infrastructure and economic development

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