The Ministry of Construction has approved a 66 trillion VND (2.6 billion USD) plan to upgrade Hai Phong’s port system by 2030, boosting capacity at the north’s largest port hub.
The RoK is currently Hai Phong’s largest investor in terms of total registered capital and second biggest in the number of projects, with 14.2 billion USD across 186 projects.
According to the 2024 Provincial Competitiveness Index (PCI) rankings, Hai Phong has claimed the top spot for the first time with a score of 74.84 points, followed by Quang Ninh with 73.20 points, Long An with 72.64 points, and Bac Giang with 71.24 points.
In 2024, Hai Phong's economic scale rose to the 5th position nationwide, being the only locality in the country to maintain a double-digit growth rate for ten consecutive years.
Container Terminals No.3 & No.4 at the Port of Hai Phong has a total length of 750 meters and a depth of minus 16 meters, capable of accommodating mother ships of 165,000 DWT (14,000 TEUs) and reduced-load ships of 200,000 DWT.
The "Hoa Phuong Do" train is a tourism product deeply rooted in the unique identity of Hai Phong, and it is expected to become a new favourite for visitors.
The northern port city of Hai Phong has secured the top position in the 2024 Provincial Competitiveness Index (PCI) for the first time, with a score of 74.84.
The Minister of Construction was asked to work closely with local authorities to hasten land clearance, compensation, resettlement, site surveys, and the drafting of a feasibility study, which must be completed by June 2025, setting the stage for the project's groundbreaking on December 19, 2025.
Singapore considers Hai Phong a crucial partner, especially in port development and investment, Ambassador Jaya Ratnam said, spotlighting the Vietnam – Singapore Industrial Park (VSIP) as a standout example of successful investment collaboration.
As part of its 2024 green growth efforts, Hai Phong implemented initiatives across 17 sectors. These included building and refining legal and policy frameworks as well as strengthening state management in line with green growth objectives.
The service will be available from early morning until late evening, in accordance with the Sun World Cat Ba cable car schedule and events taking place at Xanh Island.
The official launching of terminals marks Hai Phong Port’s regional leading ability in port operations and reaffirms Hai Phong Port JSC’s key role in the North. Once HTIT is fully operational, Hai Phong Port’s market share in container cargo in the region is expected to reach 40%, and 60% for non-container cargo in the Hai Phong area.
The launch of the Hateco Hai Phong International Container Terminal (HHIT) represents a significant milestone in Vietnam’s maritime development, boosting international trade and driving economic growth not only in the northern region but across the nation.
King Philippe and Queen Mathilde of Belgium and a high-level delegation from the European country engaged in a series of activities in the northern port city of Hai Phong on April 2, as part of their ongoing state visit to Vietnam.
The northern localities of Bac Ninh, Ha Nam, and Hai Phong attracted substantial foreign investments in the first quarter of 2025, including those from world-leading economic conglomerates with advanced and environmentally-friendly technologies.
The comeback of Mini Thailand Week to Hai Phong after a three-year hiatus reflects Thai trade authorities' strong appreciation for Hai Phong city’s immense potential in trade and investment.
The 11-km Tan Vu-Hung Dao-Bui Vien section of Hai Phong's Ring Road No. 2 runs through Hai An, Duong Kinh and Kien An districts. It has a total investment of more than 7 trillion VND ( over 274.67 million USD).
Set to cover more than 1,000 ha of about 20,000 ha earmarked for the southern coastal economic zone, the free trade area is designed to follow successful models worldwide, aiming to create a favourable investment climate for multinational conglomerates.
The Bach Long Vi MPA covers more than 27,000 hectares and is divided into strictly protected zones, ecological recovery areas, development zones, and buffer zones.
