Hai Phong 2024: Partnering with Businesses to Foster Sustainable Investment and Development

Amidst a recovering economy and increasingly fierce competition for investment, Hai Phong City continues to implement a range of coordinated and flexible measures to support businesses and investors. Guided by the motto "partnering with businesses", the city not only intensifies investment promotion activities but also focuses on improving administrative services, developing synchronized infrastructure, and creating a transparent, investor-friendly environment.

Strengthening Investment Promotion and Close Support for Investors

A key highlight of Hai Phong’s investment promotion efforts in 2024 is its emphasis on on-the-spot investment promotion — a practical approach aimed at retaining and expanding existing investments. Rather than focusing solely on foreign markets, the city gives special attention to assisting the implementation of already licensed projects, particularly large-scale ones, by promptly addressing any difficulties that arise during execution.

For foreign direct investment (FDI) projects, Hai Phong assigns dedicated specialists to oversee each project, supporting investors throughout the entire process, from initial preparation to actual implementation. This approach helps build investor confidence and minimizes procedural and legal risks.

Moreover, the city proactively disseminates information about the 2024 Supporting Industry Development Program initiated by the Ministry of Industry and Trade. It also encourages domestic businesses to register for product and supply chain linkage with FDI enterprises, thereby enhancing local firms’ capacity to integrate into global supply chains and improve their competitiveness.

Comprehensive Development of Industrial Zones and Clusters

To meet the increasing demand for clean land and integrated infrastructure for new investment projects, Hai Phong decided in 2024 to establish four new industrial clusters: Tan Trao (Kien Thuy district), Mechanical and Casting Craft Village (Thuy Nguyen district), Cam Van (An Lao district), and Le Thien - Dai Ban (An Duong district). This brings the total number of industrial clusters in the city to 17, covering a combined area of 683.75 hectares.

In addition, the city is expediting infrastructure development at 10 other clusters currently undergoing investment procedures. Hai Phong also encourages capable private-sector organizations to invest in and operate infrastructure in rural industrial clusters — a strategy aimed not only at attracting more investment but also at promoting labor distribution, easing population pressure in urban areas, and providing ready-to-use land for investors.

Ensuring Stable Energy Supply and Promoting Green Growth

Alongside industrial infrastructure development, Hai Phong places great emphasis on ensuring a stable energy supply and promoting renewable energy usage. The city has actively guided businesses in installing rooftop solar power systems for self-generation and self-consumption, setting up backup power stations, and using solar panels to enhance energy resilience and sustainability.

Hai Phong also works closely with relevant units to adjust and expand the electricity planning, particularly for the 110kV Nam Cau Kien substation. The city has proposed that Northern Power Corporation accelerate the investment in T3 transformer at the 110kV Trang Due substation, and push forward the construction of the 110kV transmission line to supply power to the Deep C2 Industrial Zone — strategic steps to meet the growing power demands of major investment projects.

Enhancing Public Services and Reducing Administrative Burdens

With the goal of improving the investment environment, Hai Phong is pushing forward with the application of information technology in administrative processes. Departments and agencies are actively expanding online public services, streamlining procedures, and reducing paperwork — helping businesses save time and costs.

In the field of customs, the automated clearance system and electronic customs management system at the seaport have proven highly effective, enabling swift and smooth import-export procedures for enterprises.

Although the city has yet to implement a national-level online investment procedure platform, Hai Phong’s investment registration agency remains highly responsive to investor needs. Through email communication, postal services, and direct support when needed, the city ensures timely assistance. The spirit of “acting for the benefit of enterprises” is clearly reflected in the service attitude of the local authorities.

Strategic Connectivity for Long-Term Sustainable Development

All of these efforts are being implemented in alignment with Action Program No. 76-CTr/TU, which carries out Resolution No. 45-NQ/TW of the Politburo on the development of Hai Phong until 2030, with a vision to 2045. These are not only short-term solutions but also long-term strategic directions aimed at transforming Hai Phong into a modern industrial and logistics hub — dynamic, green, and one of the most attractive investment destinations in northern Vietnam.

With strong and consistent support from the local government, the business community in Hai Phong can place their trust in a stable, transparent investment environment with abundant opportunities for sustainable growth in the years to come.

DOFA