Hai Phong attracts over 305 million USD in foreign investment in two months
The northern port city of Hai Phong raked in 305.66 million USD worth of foreign capital in the first two months of 2022, given the complex developments of COVID-19.
Hai Phong (VNA) – The northern port city of HaiPhong raked in 305.66 million USD worth of foreign capital in the first twomonths of 2022, given the complex developments of COVID-19.
The sum was equivalent to 38.25 percent of the figure forthe same period last year and fulfilled 12.22 percent of the target set forthis year.
The outcome was attributable to the drastic direction of themunicipal authorities and significant efforts of localities and sectorsinvolved, particularly the Hai Phong Economic Zone Authority (HEZA).
Notably, the HEZA has recently granted investmentregistration certificates for two housing projects that can accommodate about14,000 workers of the Pegatron Vietnam Co., Ltd and Universal ScientificIndustrial Vietnam Co., Ltd. at the Dinh Vu – Cat Hai economic zone.
Last year, the city’s foreign direct investment attraction surged91.44 percent year on year to 3.13 billion USD./.
National Assembly Chairman Vuong Dinh Hue on February 9 attended the groundbreaking ceremony of a PBAT biodegradable resin factory project by An Phat Holdings JSC in the northern port city of Hai Phong.
Chairman of the National Assembly (NA) Vuong Dinh Hue had a working session with the Standing Board of the Hai Phong Party Committee while visiting this northern port city on February 9.
Honda Logicom Vietnam Company Ltd, a subsidiary of Honda Logicom Company Ltd (Aichi, Japan) will start building a new general logistics warehouse as well as bonded warehouse in June 2022 in DEEP C Industrial Zones in the northern port city of Hai Phong.
KM Cargo Services (KMCS), a new logistics centre covering an area of 2 hectares, has been established at Dinh Vu Industrial Park in Hai An District, the northern port city of Hai Phong.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
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A corner of Hai Phong (Source: VNA) 
