Hai Phong has granted investment registration certificates to 12 new and expanded investment projects in industrial parks across the city. These projects represent an additional investment capital of $1.8 billion.

The certificates were presented to investors during a conference held on November 14 with the attendance of Party General Secretary To Lam, leaders from ministries, and city officials.

Accordingly, Hai Phong's total foreign direct investment for the first eleven months of 2024 reached approximately $3.5 billion, exceeding the annual target by 140%. Cumulative foreign investment capital in the city now totals $32.2 billion.

The locality is becoming a hub for major investors, actively engaging in global value chains. Notable projects include those of LG Group, SK Group, and the Vinfast Automotive Manufacturing Complex.

According to Director of the Hai Phong Economic Zone Management Board, Mr. Le Trung Kien, the city's socio-economic development has consistently maintained high growth in recent years, with average GRDP growth exceeding 11% per year.

In the first nine months of 2024, the city achieved a GRDP growth of 9.77%, with foreign and domestic investment playing a significant role in driving this economic growth.

Hai Phong is currently ranked among the top six provinces and cities in Vietnam for attracting foreign investment. The city has attracted 1,000 foreign direct investment projects from 40 countries and territories.