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Speeding up site clearance, completing infrastructure and bringing industrial projects into operation soon will add capacity and create momentum for Hai Phong’s growth.
Getting new factories started soon
At Phase 2 of Japan-Hai Phong Industrial Park, multiple components, including site grading, internal roads, power and water supply, and drainage systems, are being implemented simultaneously. The project aims to complete the first phase of technical infrastructure by the end of this year and hand over the first land plots to secondary investors in the fourth quarter of 2026.
To meet this target, infrastructure construction must go hand in hand with site clearance. By the end of September, Hong An Ward had cleared about 148 of 197.16 hectares, or 75%. While continuing to clear the remaining area, the investor is mobilizing resources and organizing multiple construction teams on cleared land.
In the first nine months of 2026, six industrial parks in the city were established or got investment and investors approved, while nine other industrial parks broke ground. Foreign direct investment exceeded USD 3.638 billion, up 64.4% year on year and reaching 93.3% of the 2026 target.
Large land reserves and investment capital are only the initial conditions. Turning them into industrial products requires a chain of tasks, from site clearance and infrastructure construction to procedure completion, factory building and equipment installation. A delay at any stage can push back the operating date of the entire project.
The sooner new factories come online, the sooner production capacity can be added. At the expanded Phuc Dien Industrial Park, the factory of Senci (Vietnam) Science and Technology Co., Ltd., with total investment of VND 1.261 trillion, broke ground in April 2026. By the end of August, the main structural works had been completed, and the project entered the finishing stage, with production expected to begin in the first quarter of 2027. This progress creates the potential to add capacity from the beginning of next year.
More capacity, more growth
According to a report presented at the Hai Phong Party Committee’s 5th Session on October 2, the city's GRDP in the third quarter of 2026 is estimated to have increased by 13.09%, bringing nine-month growth to 12.08%, the third-highest in the country and the highest year-on-year rate in six years. The Index of Industrial Production (IIP) rose by 15.23% in the first nine months. To achieve annual growth of at least 13%, the city still needs to fully tap the growth potential of industrial production.
Factories completed and put into operation in the fourth quarter could add output in the final months of the year. Projects completed toward the end of the year will add capacity for 2027 and subsequent years. Shortening the time from registered capital to actual products will also help bring investment resources into the economy more quickly.
At the conclusion of the City Party Committee’s 5th Session on October 2, Party Committee Secretary Le Ngoc Chau called for regular efforts to resolve obstacles facing key businesses and expedite procedures to bring new projects into production. The city will continue applying a “green lane” mechanism to investment, land, planning and construction procedures for key projects and industrial real estate projects.
Departments and agencies were asked to continue reviewing procedures and cut processing time by at least 50% for procedures related to investment, production and business activities, based on the 50% reductions already made by ministries and central agencies, effective October 15, 2026.
Hai Phong is seeing more industrial parks, production projects and new investment flows. Turning cleared land into infrastructure, projects into factories and factories into products sooner will help achieve immediate growth targets while adding production capacity for the next phase.
HA KIEN
