Facilitating LG’s investment expansion in Hai Phong

On the afternoon of March 19, Mr. Pham Van Thep, Member of the Standing Committee of Hai Phong Party Committee and Head of the Hai Phong Economic Zone Authority, visited and held working sessions with enterprises of the LG Group at Trang Due Industrial Park (Hai Phong) to grasp their production and business situation and promptly address difficulties and obstacles faced by the enterprises.

The delegation worked with the following companies: LG Electronics Vietnam Hai Phong Co., Ltd., LG Display Vietnam Hai Phong Co., Ltd., and LG Innotek Vietnam Hai Phong Co., Ltd.

During the meetings, representatives of the companies reported that production and business activities after the 2026 Lunar New Year (Year of the Horse) holiday have remained stable and continued to develop positively.

In 2026, the companies plan to expand production scale and launch new product lines. They also expressed their hope that the Hai Phong Economic Zone Authority will continue to accompany and support them, particularly in administrative procedures, in order to accelerate project implementation.

Enterprises belonging to the LG Group at Trang Due Industrial Park proposed that Hai Phong City and the Hai Phong Economic Zone Authority continue implementing solutions to ensure labor supply, particularly high-quality human resources, to meet the demand for production expansion in the coming period.

Speaking at the meeting, Mr. Pham Van Thep, Member of the Standing Committee of the Hai Phong Party Committee and Head of the Hai Phong Economic Zone Authority, acknowledged and highly appreciated the contributions of LG Group’s enterprises to the socio-economic development of Hai Phong City, as well as their role in creating jobs for local workers.

Regarding the enterprises’ proposals and recommendations, Mr. Pham Van Thep affirmed that the Hai Phong Economic Zone Authority will always accompany and provide the most favorable conditions, and handle administrative procedures as quickly and efficiently as possible, enabling businesses to confidently maintain production and business operations and contribute further to the city’s growth in 2026.

He also expressed his hope that LG Group and its affiliated companies will continue expanding their investment scale, making Hai Phong a strategic global production base for the Group.

Mr. Pham Van Thep requested specialized departments under the Hai Phong Economic Zone Authority to promptly review and address the enterprises’ proposals related to procedures such as land use right certificates, fire prevention and fighting regulations, high-tech enterprise certification, and human resource development.

As of March 2026, Hai Phong has attracted 1,038 FDI projects with a total registered investment capital of USD 44 billion.

Pham Cuong - Duy Thinh