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grdp growth
Free Trade Zone and growth challenge
With its preferential mechanisms and capacity to attract capital, technology and high-value services, the Free Trade Zone is expected to help Hai Phong achieve its target of GRDP growth of 13% or higher.
News
Unlocking growth potential in services sector
Hai Phong is focusing on resolving difficulties facing the transport and warehousing industries to unlock growth potential in the services sector and ensure the fulfillment of its 2026 GRDP target.
Hai Phong strives for over 14% GRDP growth in Q3 and Q4 2026
Hai Phong aims to achieve GRDP growth of 14.8% and 14.21% year-on-year in the third and fourth quarters of 2026, respectively.
Hai Phong restructures budget spending to drive growth
Hai Phong aims to allocate at least 60% of its budget expenditures to development investment by 2030 to achieve its economic growth targets for 2026 and the 2026 – 2030 period.
Hai Phong sets GRDP growth target of at least 13% per year
Resolution No. 11 of the Hai Phong Party Committee sets a target of at least 13% GRDP growth in 2026, with the city's average annual GRDP growth projected to reach 13–14% during the 2026–2030 period.
Expanding space, accelerating development
After one year of merger, Hai Phong has expanded its development space, tapped its full potential, accelerated digital transformation and administrative reform, and driven stronger socio-economic growth.
Hai Phong assigned the Nation's highest GRDP growth target
The Government has assigned Hai Phong the highest Gross Regional Domestic Product (GRDP) growth target in the country, with the city aiming to achieve an annual growth rate of 13–14% during the 2026–2030 period.
Hai Phong pushes to hit 13% GRDP growth target
Under the city’s growth scenario, Hai Phong must register GRDP growth above 13% in both Q3 and Q4 of 2026.
Accelerating public investment disbursement to drive economic growth
To achieve the target of GRDP growth of 13% or higher, accelerating the disbursement of public investment capital is regarded as a crucial driving force for economic expansion.
Linking seaports to industry to maximize advantages
Hai Phong's simultaneous development of industrial park and cluster infrastructure alongside seaport connecting transport networks is attracting more and more investors.
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