Intensifying investment attraction and ensuring growth targets
The Hai Phong Economic Zone Authority is closely following its assigned tasks, intensifying investment attraction and ensuring the city’s growth targets.
On the afternoon of 8 April, the Hai Phong Economic Zone Authority held a conference to review first‑quarter work and to deploy key tasks for the second quarter of 2026.
FDI attraction exceeds first‑quarter targets.
In the first quarter of 2026, the Hai Phong Economic Zone Authority closely followed the guidance of the Party Committee, People’s Council, and People’s Committee of the city and implemented a coordinated package of state‑management tasks, achieving many positive results.
Notably, foreign direct investment (FDI) in industrial parks and economic zones reached 915.3 million USD, exceeding the first‑quarter plan by 1.7%, equivalent to 25.4% of the annual plan and up 93.9% compared with the same period of the previous year. Cumulative FDI projects in industrial parks and economic zones reached 1,038 by the end of March 2026, with total registered capital of about 44 billion USD, alongside 380 domestic projects with total capital of 581.254 trillion VND (around 24.84 billion USD).
Work on implementing industrial‑park infrastructure projects has been intensified. Many projects have been urged to complete procedures and ensure that construction starts on schedule.
The Authority has completed its advisory role in submitting to the city People’s Committee, which in turn presented to the Prime Minister the proposal to issue the decision on establishing the Hai Phong Special Economic Zone and approving the general planning for the Hai Phong South‑Coast Economic Zone. At the same time, it has been actively preparing conditions to announce and launch new development models such as the Hai Phong Free Trade Zone.
Resolutely implementing second‑quarter tasks.
In his concluding remarks, Chairman of the Hai Phong Economic Zone Authority Pham Van Thep praised the strong sense of responsibility and proactiveness of relevant departments and units in implementing first‑quarter tasks.
He emphasized that entering the second quarter, the workload is very heavy and requirements are increasingly high, against a backdrop of complex international and domestic conditions. The pressure to achieve the city’s two‑digit growth target demands more decisive and proactive implementation.
The Hai Phong Economic Zone Authority should promptly complete plans and concentrate on implementing tasks for developing the Hai Phong Special Economic Zone. It should proactively propose organizing a conference to announce the decision on establishing the Special Economic Zone, to announce the general planning for the South‑Coast Economic Zone, and to launch the Hai Phong Free Trade Zone.
Departments should also intensify investment promotion and attraction activities, striving to exceed second‑quarter FDI targets. They should strengthen support for investors in administrative procedures, site clearance, and labour‑force supply; closely monitor production and construction‑value indicators under the 2026 GRDP‑growth scenarios, ensuring to complete the growth target in economic and industrial zones.
Hai Phong News