There are currently 532 valid projects being deployed across the city, with a total registered capital of US15.44 billion.
Chairman of Hai Phong People’s Committee, Nguyen Van Tung, has attributed these positive results to the city’s efforts to reform its administrative procedures, improve the investment environment, as well as focusing on removing difficulties for enterprises, boosting trade, and attracting investment.
Hai Phong has successfully organised many events, such as an investment promotion seminar for Japanese firms; a meeting between the municipal authorities and enterprises in 2018, which saw the participation of 400 domestic and foreign companies; and two business dialogues with a total of 22 practical recommendations.
The city has also implemented a capacity building programme for the local supporting industries with the support of senior volunteers from the Japan International Cooperation Agency (JICA). Accordingly, direct support has been provided at four enterprises, while three other companies are being surveyed in preparation for the second phase of the project.
In the future, the city will continue to accelerate the progress of key projects, including the Hai Phong international gateway port and the construction of technical infrastructure for the Bac Song Cam new urban area, as well as implementing the building of the second passenger terminal at the Cat Bi International Airport and Tan Vu-Lach Huyen Bridge No. 2.
