Northern Hai Phong port city targets to attract $4.5 billion of FDI capital in 2025, according to the city’s authorities.

Under the city’s socio-economic development goals this year, Hai Phong will also strive to gain a GRDP growth of 12.5%.

The Index of Industrial Production is expected to increase 17%.

The number of tourists is expected to reach 10 million, both domestic and international.

Meanwhile, total export turnover is projected at $37 billion.

In 2024, the city posted a GRDP growth rate of 11.01%, ranking third among the total 63 centrally-run cities and  provinces of the country. The GRDP per capita is estimated at $8,665, nearly doubling the national average.

Total public investment capital disbursement reached over VND18.1 trillion ($708 million), equivalent to 106% of the plan assigned by the Prime Minister.