HAIPHONG: DETERMINATION IN ACCELERATING PROGRESS IN ECONOMIC ZONES AND INDUSTRIAL PARKS, CREATING A BREAKTHROUGH IN ATTRACTING FOREIGN INVESTMENT

With a proactive and decisive spirit right from the beginning of the year, Hai Phong city is focusing on leading and directing the synchronous implementation of solutions to promote the progress of investment and construction of economic zones and industrial parks, striving to complete the target of attracting at least 900 million USD in foreign direct investment (FDI) in the first quarter of 2026, contributing to the successful achievement of the socio-economic development goals and tasks in 2026.

Positive signals from production and business activities

From the very first days of 2026, many positive signs have appeared in industrial parks in the city. At the Japan-Hai Phong Industrial Park (formerly known as Nomura Industrial Park), Citizen Vietnam Machinery Manufacturing Co., Ltd. solemnly held the inauguration ceremony for its Phase 4 factory expansion. This is a vivid testament to the attractiveness of Hai Phong's investment environment and a strategic step for the Citizen Group in achieving its medium-term revenue target of 100 billion Yen, making a practical contribution to the city's overall economic growth.

After nearly 30 years of construction and development, the Japan-Hai Phong Industrial Park (owned by Hai Phong International Industrial Park Joint Stock Company) has reached a 98% occupancy rate with 50 projects, mainly from Japanese investors – a testament to the park's prestige and competitiveness in the region.

Following those achievements, in early 2025, Deputy Prime Minister Tran Hong Ha signed Decision No. 1709 approving the investment plan for the construction and operation of infrastructure in the Nomura Industrial Park - Hai Phong, Phase 2, covering an area of ​​197.16 hectares with a total investment of VND 2,782.72 billion. Currently, the investor is closely coordinating with relevant agencies and units to expedite land clearance and infrastructure construction, creating favorable conditions for attracting investment and production projects.

Commencement of construction on key industrial parks – a strategic step, creating a foundation for long-term development

In line with the policy of developing industry in depth, in January 2026, Hai Phong city commenced construction on three key industrial park infrastructure projects: Tien Lang 1 Industrial Park, Vinh Quang Industrial Park (Phase 1), and Tien Lang Airport Industrial Park - Zone B, with a total investment of nearly 20,000 billion VND. This is a significant event, demonstrating the high political determination of the city's Party Committee and government in expanding industrial development space and creating thousands of jobs for workers in the area.


Notably, on February 12, 2026, the Prime Minister issued Decision No. 288/QD-TTg on the establishment of the Hai Phong Special Economic Zone with a scale of approximately 5,300 hectares. This is a crucial institutional foundation, creating a superior mechanism to attract high-tech projects, logistics, and modern services, contributing to making Hai Phong a dynamic economic center of the region and the country.

Simultaneously, the city is urgently completing the procedures for planning, zoning, and special mechanisms for the Southern Coastal Economic Zone, covering approximately 20,000 hectares – one of the top strategic projects in the city's marine economic development orientation.

Goals and Targets for 2026 - Reflecting the Will and Aspiration for Advancement

Based on the achievements made, from the beginning of 2026, the City Party Committee, People's Council, and People's Committee of Hai Phong city have unanimously set development targets with the spirit of "Proactiveness, Creativity, and Breakthrough":
  • Gross Regional Domestic Product (GRDP) is targeted to reach VND 506,390 billion, an increase of 13% compared to 2025.
  • FDI attraction in the first quarter of 2026 is targeted to reach at least USD 900 million; the whole year is targeted to reach USD 3.8 billion to USD 4.3 billion.
To achieve the above targets, the city is determined to promote investment, maximize potential, advantages, and outstanding special mechanisms and policies, while building a truly attractive investment environment with its own unique identity, different from other localities in the region and the country.

Leveraging the role of advisory agencies - focusing on removing bottlenecks and creating breakthroughs

Comrade Pham Van Thep - Head of the Hai Phong Economic Zone Management Board emphasized: The Management Board is determined to focus intensely on concretizing the special mechanism for the Southern Coastal Economic Zone and the Free Trade Zone model; paying attention to the synchronization of power grid – transportation – logistics – seaport infrastructure to reduce costs for investors and enhance the competitiveness of industrial zones.

Priority is given to promoting port and logistics projects, especially projects for berth No. 7 to berth No. 12 in the Lach Huyen berth area. At the same time, the city is focusing on accelerating land clearance to be ready to welcome strategic investors; mobilizing maximum resources to support businesses to start commercial operations in the first months of the year; and applying the "partial acceptance" mechanism to promptly record industrial output contributing to GRDP from the first quarter of 2026.

With the synchronized and decisive involvement of the entire political system, Hai Phong city has sufficient foundation, confidence, and determination to successfully achieve its socio-economic development goals and tasks in 2026, befitting its role as one of the leading economic engines of the country.
Vietnam maps showing administrative units, sources of critical raw materials and industrial zones locations.