Hai Phong: “Red address” for investors

With the advantage of being an important traffic hub of the Northern Key Economic Region, a gateway connecting Vietnam with many countries around the world, and strong international integration efforts, Hai Phong is gradually becoming Global maritime city, key marine economic region of the country.

Potential from geographical location and synchronous infrastructure

Possessing an area of ​​1.519 km2 and a coastline of over 125 km, Hai Phong has long been known as the largest seaport in Northern Vietnam, a logistics service center of the country and the ASEAN region, connecting the two countries. Corridor - a belt of economic cooperation between Vietnam and China. The port city is also an important trade gateway of the Northern key economic region. The prime geographical location is one of the reasons that helps Hai Phong become the largest industrial, service, economic, scientific and commercial center in the country.

Hai Phong Port viewed from above

At the same time, Hai Phong also possesses the "golden condition" of being one of the few localities that converges all 5 important types of transportation: Road, sea, railway, waterway, and air. This advantage not only helps Hai Phong become the economic center of the Red River Delta region and the Northern coastal region but also a trade bridge with regions across the country.

The railway system connects with the North - South railway network, Hanoi - Lao Cai - Kunming railway and Hanoi - Beijing railway; Cat Bi International Airport reached level 4E according to the Standards of the International Civil Aviation Organization ICAO... also helping the city improve its capacity to connect inter-regional and international traffic.

Besides geographical location, convenient transportation system, and labor resources are also advantages of the "Red Poinciana City". With 1,2 million workers, of which 75% are trained and of high quality, Hai Phong is ready to meet and keep pace with the high-tech and modern era.

In addition to existing advantages, the City proactively adjusts planning to suit the reality of development and investment, building technical infrastructure of economic zones and industrial parks. Typically, Dinh Vu - Cat Hai economic zone with a scale of 22.540 hectares including tariff area and non-tariff area has been operating in the city area. Urban infrastructure is also focused on development by the city.

Not only that, typical urban projects such as the 45-storey Vinhomes Imperia Tower, Vinhomes Marina, Aeon Mall, Nikko Hotel, M'Gallery Cat Ba Hotel, and high-pillar sea-crossing cable car system world's largest (214m), Flamingo Cat Ba luxury resort complex... is contributing to changing the appearance of the port city.

Rich tourism potential

In recent years, Hai Phong tourism industry has made many strong changes, continuing to affirm its position and role as a key economic sector, actively contributing to the city's socio-economic development. city.

Hai Phong owns the Cat Ba archipelago, which has long been famous as the only place in Vietnam that converges 4 national and international titles; Do Son peninsula runs long in the Northeast - Southwest direction, with charming mountain and water scenery.

Besides, the City has many historical and cultural relics; Hundreds of communal houses, temples, pagodas with unique architecture, traditional craft villages and many unique folk festivals. These are precious tangible and intangible cultural heritages, creating the unique characteristics of the land and people of Hai Phong.

The service infrastructure to serve tourists is also completed with a 5-star hotel system, entertainment and resort complexes with high-class amenities, of sufficient size and scale to organize events. , international conferences and seminars. In addition, the City also owns a system of high-quality golf courses, beautiful landscapes and ideal climatic conditions so that golf sports services become a strength of Hai Phong along with island tourism.

Song Gia Golf Course - Hai Phong.

In particular, Hai Phong cuisine is also unique and sophisticated, from street food to luxurious dishes that are as rich as encapsulating the generous and friendly hearts of coastal people to diners.

Thanks to the above advantages, the tourism sector has attracted a number of large businesses such as Vingroup, Sungroup, and Geleximco to invest billions of dollars to build international-class tourist areas. The service economy achieved an average growth rate of 9,42%/year, logistics services, aviation services, and the number of tourists all achieved high growth rates.

Ideal destination for investors

In recent years, Hai Phong has always maintained an economic growth rate (GRDP) twice the general growth rate and is a bright spot in the country's socio-economic development.

In 2020 and the first 6 months of 2021, the Covid-19 epidemic affected the growth rate of the whole country. However, Hai Phong always strives to fulfill its dual goals. On the one hand, the city continues to promote investment attraction, especially foreign direct investment (FDI) projects and focus on public investment projects. On the other hand, proactively and drastically implement measures to prevent and control the Covid-19 epidemic. Thanks to that effort, in the first 6 months of 2021, the city's total gross product GRDP increased by 13,52% over the same period in 2020, 2,4 times the overall growth rate of the country (5,64% compared to the same period in XNUMX). %).

Currently, in the city there are nearly 800 valid FDI projects, with a total capital of approximately 20 billion USD. Among them, many large corporations in the world choose Hai Phong as a reliable place to invest such as: LG, Regina Miracle International, Nipro Pharma, Kyocera Mita... Many large domestic investors have also trusted and chosen Hai Phong. is a profitable investment place, with the presence of domestic "giants" such as Vin Group, Sun Group, Geleximco, FLC...

Cat Ba in autumn. 

Along with that, Hai Phong actively promotes on-site investment promotion activities through organizing activities such as: Investment Promotion Conference - Vietnam - Japan Business Connection in Hai Phong, Vietnam - Netherlands Business Connection Conference; Meeting and business connection conference with Chinese businesses; dialogue conferences, periodic business contacts... The City's business investment environment is continuously improved, in addition to Hai Phong's efforts to remove difficulties and obstacles for investors and investors. enterprise.

In the context of Vietnam increasingly integrating deeply and widely with the world, participating in important Free Trade Agreements (FTAs) such as CPTPP, EVFTA, RCEP, UVKFTA..., the City also regularly provides information, Guide businesses to participate in training classes, conferences, face-to-face and online dialogues on content and implementation commitments in FTAs; coordinate with the Ministry of Industry and Trade and provinces to provide information to the business community on the situation of transporting goods through border gates; epidemic control and prevention processes... to create maximum favorable conditions for export and import activities of businesses.

In the coming time, Hai Phong will focus on attracting investment in a targeted and selective manner, with priority given to attracting investment in key economic sectors, high-tech, environmentally friendly projects. Efficient use of resources, large budget contributions, commitment to transferring technology that can spread, linking with domestic enterprises along the value chain. The goal for the period 2021-2025 is for the City to attract from 12,5 to 15 billion USD of FDI capital.

Along with that, Hai Phong focuses on innovating the economic growth model, restructuring the economy towards the development of 3 main pillars: high-tech industry, seaport - logistics, tourism - trade. . Restructure the industry in the direction of focusing on developing key industries such as: automobile industry, machine manufacturing, electronics and information technology and high-tech products... At the same time, build and develop Hai Phong to become become a key national and international seaport and logistics service center.

With a commitment to improving the investment environment, maximizing advantages and potential, and proactive international economic integration, Hai Phong will continue to be the ideal location for investors to accompany develop in the future.

Source: baoquocte.vn