Hai Phong among top 10 attractive investment destinations
The northern port city of Hai Phong has been named among top 10 attractive investment destinations nationwide, said Secretary of the municipal Party Committee Le Van Thanh.
Garment production line of Crystal Sweater♏ Vietnam Co., Ltd in Hai Phong city. Hai Phong has been named in top 10 attractive investment destinations nationwide. (Photo: VNA)
Hai Phong (VNA) – The northern port city of HaiPhong has been named among top 10 attractive investment destinations nationwide,said Secretary of the municipal Party Committee Le Van Thanh.
As of June 30, Hai Phong recorded 24 new projects and 20others registering additional capital worth a total of 617 million USD, 585million USD of which was foreign direct investment (FDI).
Domestic firms have also poured much into the city, notablyVingroup, Sungroup, Xuan Truong, Him Lam, and FLC which embarked on urbandevelopment, tourism, agriculture, health care and education.
There were 501 foreign-invested projects with a totalregistered capital of 14.03 billion USD.
Thanh attributed the success to infrastructure improvement,including construction of Tan Vu – Lach Huyen bridge, Bach Dang bridge,expansion of National Highway 10, and key transport routes which will beinaugurated in late 2017 and early 2018.
In the first half, the city began the construction of HoangVan Thu bridge, Nguyen Binh Khiem overpass, Tam Bac, Han and Dang bridges, and severalcoastal roads.-VNA
Customs officers and police of the northern port city of Hai Phong on May 12 detected three containers containing Shisha and another container with “Khat” leaves inside at the Nam Hai Dinh Vu port.
Work started on May 14 on the first phase of a big ecological tourism complex on Cat Ba Islands in the northern port city of Hai Phong, which is projected to be Vietnam’s first carbon-free tourism area.
Deputy Prime Minister Vuong Dinh Hue has asked Hai Phong city to revise fees for using infrastructure, service facilities and public utilities at ports in the city.
The northern port city of Hai Phong has retainedits second spot among 63 cities and provinces nationwide in the administrative reform index for the fourth consecutive year, scoring 87.24 percent.
The northern port city of Hai Phong should make greater efforts to turn the private sector an important motivation of its economic development, said Prime Minister Nguyen Xuan Phuc.
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The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
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Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
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Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Garment production line of Crystal Sweater♏ Vietnam Co., Ltd in Hai Phong city. Hai Phong has been named in top 10 attractive investment destinations nationwide. (Photo: VNA) 
