The Prime Minister has approved investment policy for infrastructure development at the Nam Trang Cat industrial zone in the northern port city of Hai Phong.
The Hai Phong Economic Zone Authority (HEZA) is setting its sights high for 2025, aiming to attract 3-3.5 billion USD in foreign direct investment (FDI), according to its head Le Trung Kien.
China has emerged as the sixth largest investor in Vietnam, with new projects surging sevenfold, reported the Ministry of Planning and Investment’s Foreign Investment Agency.
The Hai Phong Economic Zone Authority (HEZA) and Shangyu district of Shaoxing city, Zhejiang province, China embarked on a collaborative effort to strengthen trade and cultural exchanges through a letter of intent signed on May 13.
The northern port city of Hai Phong remained the biggest magnet for foreign direct investment (FDI) inflows in the first 10 months of this year, attracting nearly 3.1 billion USD, up 68% year on year, or equivalent to over 153% of the yearly target, said Chief of the Office of the municipal People’s Committee Nguyen Ngoc Tu.
The Hai Phong Economic Zone Authority (HEZA) has taken various solutions to improve the quality of human resources for businesses at industrial and economic parks in the northern port city.
The Republic of Korea (RoK) ranks first among the 42 nations and territories pouring capital into the northern port city of Hai Phong, with 105 projects totaling 11 billion USD, according to the Hai Phong Economic Zone Authority.
The northern port city of Hai Phong reeled in more than 3 billion USD worth of foreign direct investment (FDI) in the past nine months, up over 140% year-on-year and exceeding the yearly plan by over 52%.
Head of the Hai Phong Economic Zone Authority (HEZA) Le Trung Kien on July 26 expressed his hope that investors from Taiwan (China) will increase their investments in the northern port city, especially in the areas where Taiwan has strengths.
The northern port city of Hai Phong on May 9 granted investment registration licenses to a project to build Berths No.7 and 8 at Lach Huyen deep-water port area, and three others in the city’s industrial parks.
The Hai Phong Economic Zone Authority (HEZA) on April 19 held a working session with the Taiwan Electrical and Electronic Manufacturers' Association (TEEMA).
Enterprises from the Republic of Korea (RoK) have shared their view that the northern port city of Hai Phong is an ideal destination for production and business.
The Hai Phong Economic Zone Authority (HEZA) on September 12 hosted a meeting with a business delegation from Taiwan (China) to introduce cooperation and investment opportunities in the northern city.
Various investment promotion activities have been organised recently by authorities of Hai Phong to popularise the northern city as a dynamic and potential destination for investors.
The Hai Phong Economic Zone Authority (HEZA) on August 10 organised an investment promotion with supporting supporting businesses of the Republic of Korea’s multinational conglomerate corporation LG.
For the last half of 2022, Hai Phong city will apply itself to flexibly and effectively fighting COVID-19 and shoring up business and investment activities so as to attract more foreign direct investment (FDI), a local official has said.
The northern port city of Hai Phong raked in over 300 million USD worth of foreign capital in the first two months of 2022, given the complex developments of COVID-19.
The Hai Phong Economic Zone Authority (HEZA) on January 24 granted investment licenses to five projects in industrial parks, including three foreign-invested projects worth 140 million USD and two domestic ones valued at over 2 trillion VND (86.9 million USD).