Hai Phong opens doors to European investment and cooperation

Standing Vice Chairman of the Hai Phong People’s Committee Le Anh Quan received and held a working session with the European Chamber of Commerce in Vietnam (EuroCham), led by Bruno Jaspaert, EuroCham Chairman and General Director of DEEP C industrial complex on the afternoon of October 24.

Standing Vice Chairman Le Anh Quan informed the delegation that after the merger of Hai Phong city and Hai Duong province on July 1, 2025, the city now has a population of over 4.6 million and ranks third nationwide in terms of economic scale.

Hai Phong has a modern and well-integrated transportation system with all five modes of transport. It also serves as the main gateway to the sea in Northern Vietnam, with Lach Huyen deep-water port and, soon, Nam Do Son port, capable of handling vessels of more than 200,000 DWT and offering direct maritime connections to ports in Europe and America.

According to Standing Vice Chairman Le Anh Quan, Hai Phong is now among the leading localities in Vietnam for foreign investment attraction, with 1,740 valid FDI projects totaling more than 50 billion USD in registered capital. Among these, there are 60 projects from European investors with a total capital of 1.7 billion USD.

He affirmed that Hai Phong always welcomes and facilitates EuroCham enterprises to enhance cooperation and carry out investment projects in the city.

At the meeting, EuroCham representatives expressed their strong impression of Hai Phong’s socio-economic growth and its modern transport and urban infrastructure. The delegates were particularly interested in incentive policies for investors in the Hai Phong Free Trade Zone.

Leaders of the city’s departments and agencies also discussed and clarified issues of concern to EuroCham businesses, establishing contact points to facilitate detailed information exchange on potential investment projects.

PHAM CUONG - HOANG PHUOC