Hai Phong meets most economic targets in first five months of 2026
The growth reflecting the northern port city’s strong economic momentum despite challenges in industrial growth and business formation.
Hai Phong and Seoul strengthen biotech cooperation through technology transfer partnership
Priority sectors for cooperation including biomedicine and biotechnology, alongside efforts to attract South Korean investment and develop satellite R&D hubs in Hai Phong.
Hai Phong proposes land rent exemptions for high-tech and startup businesses
If approved, the land rent exemption policy expected to take effect on July 1, 2026.
Construction of $130m IP commences in Hai Phong
The northern port city's new industrial park is expected to be ready to welcome first investors in the fourth quarter of 2026.
Hai Phong to invest $48mln in building new urban road
The project including the construction of a road connecting Ho Sen Street to the Quan Mau roundabout on Lach Tray Street, along with upgrades to surrounding urban areas in Le Chan ward.
Hai Phong targets 13–14% annual growth through 2030
The northern port city has approved its socio-economic development plan for the 2026–2030 period with a target of two-digit annual growth rate.
Three firms approved to develop pilot commercial housing projects in Hai Phong
The projects will be developed through agreements on land-use rights transfers or on land already under legal use rights.
Hai Phong city attracts $915mln in FDI in Q1
The northern port city targets $3.8bln in FDI attraction in 2026.
Hai Phong approves $68 mln next-generation logistics complex project
Once completed, the complex will provide a comprehensive suite of services, including transport, logistics, cargo reception, shipping, warehousing, customs clearance, customer consulting, packaging, labeling, and delivery.
FPT starts construction of $24.7mln education complex in Hai Phong
The 10-ha project designed to serve more than 5,800 students across multiple level.
Master plan for Hai Phong to 2050 approved
The plan aiming to develop the northern port city into a modern, smart coastal metropolis with international competitiveness and sustainable growth.
Hai Phong plans $38mln road to boost western urban connectivity
The project, linking Provincial Road 391 (DT.391) with Provincial Road 390 (DT.390), is also expected to create fresh momentum for the city’s socio-economic development.
Specialized Economic Zone to be established in Hai Phong
The economic zone will span approximately 5,300 hectares, designed to leverage Hai Phong city’s strengths in industrial and service development, with a focus on high-tech and environmentally friendly industries.
Hai Phong approves $43m social housing project
The project will supply over 900 apartments.
2025 GRDP records strong growth across localities
The growth ranging from 5.84% to 11.89% with Quang Ninh and Hai Phong leading the country.
Hai Phong targets 2026 economic growth of 13%
The northern port city posting a growth of 11.81% in 2025.
Czech investor commits to €1-billion investment in Hai Phong
As a result, the cooperation between Hai Phong and the Czech Republic in general is expected to enter a stronger and more substantial development phase...
Hai Phong adds $27.9 million for two development funds
The northern port city adjusts additional capital allocation for the Development Investment Fund and the Land Development Fund....
Hai Phong rolls out 15-year land rent exemption for sci-tech businesses
The northern port city targets to have 150 sci-tech enterprises by 2030.
Hai Phong to transfer project management boards to local wards and communes
The move aiming to avoid overlap and inefficiency.