Hai Phong Assigns 2026 Public Investment Plan with Total Capital of over 36,700 billion VND

Hai Phong Assigns 2026 Public Investment Plan with Total Capital of over 36,700 billion VND

To promote socio-economic development and improve the infrastructure system, the Hai Phong City People's Committee has officially issued the public investment capital allocation plan for 2026. According to Decision No. 5068/QD-UBND signed on December 12, 2025, the city will mobilize significant resources to focus on key projects and national target programs. Scale and Capital Allocation Plan The total public investment capital plan from the city budget for 2026 is assigned at 36,791.5 billion VND. This capital source is specifically allocated to the following key task groups: Strategic transport infrastructure projects: 3,803.7 billion VND is allocated for site clearance and resettlement for the construction of the Lao Cai - Hanoi - Hai Phong railway (the section passing through the city). Urban and rural development: 1 billion VND is dedicated to the new rural development program for the 2021-2025 period, and over 6,166 billion VND is for targeted supplements to the commune level. Investment in transitional and new projects: The city prioritizes up to 22,362 billion VND for completed projects, transitional projects, and new projects starting in 2026. Social security: Providing 1,000 billion VND in entrusted capital through the Bank for Social Policies to implement preferential loan programs. Notably, the city is strictly implementing the Central Government's directive to save 5% of the capital source, equivalent to approximately 1,839.5 billion VND. Diverse Capital Structure Hai Phong's investment resources for 2026 come from various sources, including the focused basic construction budget (6,114.7 billion VND), land use fees (28,960 billion VND), lottery funds, ODA loans, and particularly the issuance of Local Government Bonds with a scale of 1,094 billion VND. Determined Organization and Implementation To ensure the effective use of capital, Chairman of the City People's Committee Le Ngoc Chau has assigned specific tasks to various units: Department of Finance: Lead and coordinate the monitoring and urging of agencies to urgently complete investment procedures and report on the disbursement situation as prescribed. State Treasury: Strengthen control over the disbursement process, strictly handling cases of large overdue advances and a lack of active capital recovery. Investors: Must focus on reviewing and accelerating construction progress and completing final settlement records as soon as there is a completed volume for timely disbursement of the assigned capital plan. The proactive and early assignment of the capital plan with a detailed project list is expected to help Hai Phong create a breakthrough in infrastructure construction, especially inter-regional connection transport routes, affirming its role as a growth driver for the Northern region.

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Hai Phong and the whole country enter peak period determined to remove the IUU “Yellow card”

Hai Phong and the whole country enter peak period determined to remove the IUU “Yellow card”

Following the direction of the National Steering Committee on Illegal, Unreported, and Unregulated (IUU) fishing, Hai Phong City, along with 22 coastal provinces and cities, is focusing high intensity on implementing a peak period to lift the European Commission’s (EC) “Yellow Card” warning. Determination for “Real Talk - Real Action - Real Results” At the 30th session of the National Steering Committee in late January 2026, Deputy Prime Minister Tran Hong Ha emphasized that anti-IUU fishing efforts must ensure substance and absolutely avoid coping or formalistic measures. The core goal is to prepare the best conditions for working with the EC inspection team, aiming to remove the “Yellow Card” and prevent the risk of being upgraded to a “Red Card”. February 2026 has been identified as the peak month for inspection and examination nationwide. Functional forces will focus on definitively handling key violations such as fishing vessels violating foreign waters, disconnecting Vessel Monitoring Systems (VMS), and falsifying seafood origin records. Decisive and Synchronized Action in Hai Phong Following the Government’s conclusions, the Chairman of the Hai Phong City People's Committee has directed departments, sectors, and localities—including the special areas of Cat Hai, Bach Long Vi, and wards and communes with fishing vessels—to act decisively with accurate reporting data that is synchronized between records and the field. Key tasks in Hai Phong include: Strict Fleet Management: The Department of Agriculture and Environment presides over reviewing and publicizing the list of “3-No” fishing vessels (no registration, no technical inspection, no license) and vessels ineligible for operation on the national VnFishbase database. Control of Port Entry and Exit: The City Border Guard Command is responsible for strict control, absolutely not allowing ineligible fishing vessels to depart for sea. Transparent Traceability: Strengthening inspections across the entire chain from fishers and fishing ports to processing enterprises to ensure seafood origin records are honest and verifiable. Strict Handling of Violations: The City Inspectorate and relevant units are urgently reviewing and definitively handling administrative violation cases, preventing the improper “closing of files”. Welfare Policies for Fishermen Alongside control efforts, Hai Phong is also urgently finalizing dossiers to submit to the City People's Council for the issuance of a Resolution on policies to support the costs of destroying and dismantling fishing vessels and supporting vocational transitions for fishermen until 2030. This is an effort to stabilize sustainable livelihoods for people affected by the restructuring of the fisheries industry. With synchronized coordination between agencies and the strong application of technology in fisheries management (such as the eCDT and VMS-Alert systems), Hai Phong and coastal localities are striving to affirm their smart and responsible fishery management capabilities before the important EC inspection.

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