Hai Phong, July 15, 2025 – This afternoon, the port city of Hai Phong became a focal point for domestic and international investors at an investment and trade promotion conference themed “Hai Phong – A Strategic Destination for a New Era”. Organized by the Hai Phong People’s Committee in coordination with the Vietnam Chamber of Commerce and Industry (VCCI), the event was honored by the presence of Politburo Member and President of the Socialist Republic of Vietnam Luong Cuong, along with central and local leaders, affirming Hai Phong’s position and outstanding development potential.
Delegates attending the conference.
Secretary of the Hai Phong Municipal Party Committee Le Tien Chau delivers welcoming remarks at the conference.
In his opening remarks, Secretary Le Tien Chau emphasized: “The conference theme is not merely a slogan but the port city’s vision, aspiration and consistent action strategy. Hai Phong is committed to promoting the spirit of ‘A constructive government – decisive action – the courage to lead and take responsibility’, working toward a transparent, convenient and sustainable investment environment.”
President Luong Cuong delivers guidance at the conference
President Luong Cuong praised these strong commitments, particularly Hai Phong’s double-digit GRDP growth maintained for the past 10 years. He affirmed: “Resolution No. 226/2025/QH15, with its special mechanisms, especially the pilot free trade zone, is the ‘runway’ for Hai Phong to take off and become a regional-scale marine economic center.” He also reaffirmed the Party and State’s partnership in creating a stable, transparent and highly predictable investment environment that ensures investors’ lawful rights and interests.
Minister of Finance Nguyen Van Thang affirms that the Ministry of Finance will accompany the city and coordinate closely to provide guidance, resolve obstacles and ensure that incentive policies, especially those related to the Free Trade Zone, are implemented effectively.
Speaking at the conference, Minister of Finance Nguyen Van Thang praised Hai Phong’s efforts to improve its investment environment and its careful preparation for implementing new financial mechanisms. He also affirmed that the Ministry of Finance would accompany the city and coordinate closely to provide guidance and resolve obstacles, ensuring that incentive policies, especially those related to the Free Trade Zone, are implemented effectively and transparently and create firm confidence among investors.
Throughout ABAC 3 Conference Week (July 15–18), the APEC business community engaged in many substantive activities with the city. In particular, the ABAC delegation conducted field surveys at Trang Due Industrial Park and Lach Huyen International Gateway Port, directly learning about Hai Phong’s modern production environment and logistics infrastructure. On that basis, investors at the conference received detailed introductions to Hai Phong’s potential, advantages and strategic investment opportunities. A key highlight was the establishment of the Free Trade Zone, opening a new development space with superior investment incentives and policy mechanisms and offering an ideal destination for investors in high technology, the marine economy, logistics and green growth. Investors did not merely listen; they also actively advised city leaders and proposed creative solutions and models to further improve the investment environment, making an important contribution to socioeconomic development in both the city and the Red River Delta.
National Assembly Vice Chairman Nguyen Duc Hai presents National Assembly Resolution No. 226/2025/QH15 on piloting special mechanisms and policies for Hai Phong’s development to city leaders.
At the conference, National Assembly Vice Chairman Nguyen Duc Hai presented National Assembly Resolution No. 226/2025/QH15 on piloting special mechanisms and policies for Hai Phong’s development to city leaders. This was a deeply symbolic ceremony that officially launched a new development phase with a superior legal framework, giving Hai Phong powerful tools to break through.
Ceremony presenting investment registration certificates and memoranda of understanding on investment cooperation with total registered capital of up to USD 15.5 billion.
The conference highlight was the ceremony presenting investment registration certificates and memoranda of understanding on cooperation with total investment capital of up to USD 15.5 billion, witnessed by the President and leaders at all levels. This impressive figure demonstrates Hai Phong’s strong appeal and investors’ confidence in the city’s potential.
The major projects signed included:
- Nearly USD 10 billion for key infrastructure projects such as Tan Trao, Ngu Phuc, Thuy Nguyen and Tran Duong – Hoa Binh industrial parks, and Tien Lang Airport. These projects are expected to form a high-tech industrial complex and create tens of thousands of new jobs.
- Nearly USD 1 billion invested in berths 9, 10, 11 and 12 at Lach Huyen Port to increase customs clearance capacity and strengthen Hai Phong’s position as the leading logistics center in northern Vietnam.
- Nearly USD 5 billion from high-tech FDI projects, notably Shin-Etsu, together with other transport and urban projects, opening broad cooperation opportunities with global strategic partners.
Hai Phong: Committed to Accompanying Investors
Chairman of the Hai Phong People’s Committee Le Ngoc Chau commits to building a constructive government that best serves all activities of investors and businesses.
Chairman of the Hai Phong People’s Committee Le Ngoc Chau reaffirmed the city’s commitment: “Hai Phong will continue to invest heavily in strategic transport infrastructure, make administrative procedures more transparent and use business satisfaction as a measure of public-service effectiveness, so that it truly becomes a trusted partner for investors.”
With breakthrough mechanisms, a transparent investment environment and increasingly complete modern infrastructure, Hai Phong is gradually affirming its role as a new growth pole for the Red River Delta and the country, deserving the title “A Strategic Destination for a New Era” established by the conference. This event not only opened major investment opportunities but also demonstrated Hai Phong’s sustainable and vigorous development in the new period.
Employment – Training – Investment Promotion Services Center