Supporting FDI enterprises in expanding production and business operations
In addition to attracting new projects, the Hai Phong Economic Zone Authority has enhanced support for FDI enterprises to expand their production and business operations.
Promptly addressing enterprises’ recommendations
As many FDI enterprises enter a phase of production expansion, the key requirement is not only the completion of investment procedures but also the synchronized availability of infrastructure, workforce and production conditions. In order to promptly address arising difficulties and obstacles, leaders of the Hai Phong Economic Zone Authority, together with specialized departments, have actively worked directly with enterprises in industrial parks to closely monitor the situation and handle specific recommendations.
At working sessions with FDI enterprises in industrial parks, many issues related to production activities were raised candidly. Several enterprises in Trang Due Industrial Park noted that during the process of expanding investment, ensuring a stable and uninterrupted power supply is a crucial factor for maintaining the operation of high-tech production lines. In addition, some enterprises expressed their hope that procedures for increasing investment capital and expanding projects would be processed quickly to ensure the implementation schedule.
A representative of Hyundai Kefico Vietnam Co., Ltd., with total investment capital of USD 450 million in Dai An Industrial Park, said the company currently operates 60 production lines. Each year, the enterprise supplies around 87 million products to the market, mainly electronic components for automobiles, including smart sensors and MEMS sensors, smart actuators and smart control units. The company provides jobs for nearly 2,300 employees with an average monthly income of VND 15 million per person. The company is planning to continue investing to enhance its production capacity. However, it is also facing difficulties in recruiting workers, especially high-quality labor. The enterprise proposed that the city support connections with training institutions, expand recruitment sources and develop training mechanisms that meet practical demand.
In addition, several enterprises proposed that land funds be allocated for factory expansion and that transport infrastructure connecting industrial parks be further improved to facilitate the transportation of raw materials and the export of products.
Based on the difficulties and aspirations raised by enterprises, the Hai Phong Economic Zone Authority has coordinated with relevant departments and sectors to address them with clear solutions and implementation roadmaps. Regarding investment procedures, dossiers related to capital increases and project expansion are being received and processed with shortened timelines while ensuring compliance with regulations and avoiding delays to enterprises’ production schedules. In terms of infrastructure, the city continues to invest in and upgrade transport routes connecting industrial parks while working with infrastructure developers to allocate suitable land areas.
For electricity supply, relevant units have been required to ensure stable provision to maintain uninterrupted production, especially for large-scale and high-tech projects. In terms of human resources, the Hai Phong Economic Zone Authority has strengthened connections with localities and training institutions, organizing various labor supply-demand matching activities to gradually meet the recruitment needs of enterprises.
Substantive partnership to improve the quality of investment attraction
Not only focusing on resolving immediate difficulties, the Hai Phong Economic Zone Authority is gradually shifting toward a more proactive approach—accompanying enterprises throughout their investment, production, and business processes. Through regular working sessions, the authority closely monitors companies’ production and expansion plans, thereby coordinating in advance to prepare infrastructure, resources, and administrative procedures.
In reality, this close support has helped strengthen investors’ confidence. Many FDI enterprises have continued to increase their investment capital and expand production scale, forming large manufacturing complexes connected to global supply chains, creating jobs and contributing significantly to the local budget.
According to Mr. Choi In Kwan, General Director of LG Display Vietnam Hai Phong Co., Ltd., the timely support and cooperation from the city and the Hai Phong Economic Zone Authority have created favorable conditions for the company to expand production, enhance competitiveness, and participate more deeply in the global supply chain. As a result, the company now plays a key role in the global OLED display supply chain, with a designed capacity of 14 million products per month. Its average export turnover reaches about USD 5.8 billion per year, with annual budget contributions of around VND 1 trillion, while creating jobs for more than 22,000 workers.
According to Mr. Pham Van Thep, Member of the Standing Committee of the Hai Phong Party Committee and Head of the Hai Phong Economic Zone Authority, as of March 2026, Hai Phong had attracted 1,038 FDI projects with a total registered foreign investment capital of more than USD 44 billion. The city has also attracted 380 domestic investment projects with a total capital of approximately VND 581,254 billion (equivalent to about USD 24.84 billion). These results not only reflect the scale of investment attraction but also demonstrate the attractiveness and stability of the city’s investment environment.
Building on this foundation, Hai Phong continues to develop its industrial park system in a synchronized and modern manner, expanding space for investment attraction. The city plans to attract projects to new industrial parks such as Trang Due 3, industrial parks within the Free Trade Zone, the Southern Economic Zone, and specialized economic zones. At the same time, it prioritizes the development of supporting industries and strengthens linkages between FDI enterprises and domestic companies.
Mr. Pham Van Thep emphasized that the Hai Phong Economic Zone Authority will continue to accompany and provide maximum support for enterprises in their operations and investment expansion, proactively removing obstacles, reforming administrative procedures, and improving the investment environment toward greater transparency, openness, and efficiency. He also expressed hope that enterprises will continue expanding production, improving operational efficiency, increasing revenue and profits, and making greater contributions to the city’s overall economic growth.
Supporting and accompanying FDI enterprises not only helps address immediate challenges but also lays a foundation for Hai Phong to improve the quality of investment attraction, moving toward deeper and more sustainable industrial development in the coming years.
Le Hiep