The event gathering 250 delegates from 21 APEC member economies, including top business executives, representatives from trade promotion agencies, and economic experts.
The group cooperates with Saigon Newport Corpoeration to develop two container terminals at Lach Huyen seaport with a capacity of 1.9 million TEUs per year.
The Vietnamese port city of Hải Phòng has set its sights high, outlining an ambitious plan to to mobilize billions dollars by tapping into socialized funding sources to propel urban development and bolster its infrastructure.
Northern Hai Phong city has made great efforts over recent years to develop its transport infrastructure, seaports, and logistics in line with international trends. It has encouraged the development of the sustainable and effective eco-industrial park model, with industrial parks investing in environmental protection infrastructure that meet international standards.
Hai Phong has become the largest port logistics center in Vietnam’s north over the years, but upgrading to a national logistics center by 2025 and an international logistics center by 2030 will prove difficult. The city needs to promote the application of information technology and overcome a shortage of human resources.
Hong Kong (China)’s Gaw NP Industrial Investment Fund cooperated with the Hai Long Construction Joint Stock Company on September 27 to hold a breaking ground ceremony for the GNP Nam Dinh Vu - Industrial Center project at the Nam Dinh Vu Non-tariff and Industrial Park in northern Hai Phong city. The project has total investment of $38.5 million and a construction area of some 170,000 sq m. Construction will take 300 days, with the first blocks of land expected to be leased in the second quarter of 2023.
The Hai Phong City People’s Committee worked with the Korean Chamber of Commerce and Industry to organize an Investment Promotion Conference with South Korean businesses in Seoul. At the conference, city leaders presented investment certificates for a number of new South Korean projects. The city is expected to attract $4 billion in FDI from South Korean businesses this year.
The northern port city of Hai Phong holds substantial potential in tourism and boasts many famous scenic spots but is yet to receive adequate investment and remains fairly obscure on Vietnam’s tourist map. The city has recently established a special working group on tourism development to create breakthroughs in the industry.