On July 30, 2026, the Hai Phong City People’s Committee held a conference to announce the Prime Minister’s decisions on the Economic Zone and launch the Hai Phong Free Trade Zone, under the theme “Creating a new growth space”.
This is an important city activity to promote Hai Phong’s investment and business environment, encourage and attract multinational corporations and strategic investors to industrial parks and economic zones in the city, particularly the Hai Phong City Free Trade Zone; generate high-quality FDI flows with technology spillovers and links to domestic enterprises in line with the spirit and orientation of Politburo Resolution No. 10-NQ/TW dated 08/6/2026 on developing an economy with foreign investment.
1. Objective: The conference was held to announce the Prime Minister’s decisions on establishing the Special Economic Zone, approving the master plan for the Southern Hai Phong Coastal Economic Zone and launching the Hai Phong Free Trade Zone. The event helps concretise central policies, promote the investment environment, attract multinational corporations and strategic investors, target high-quality FDI flows, promote technology transfer and support sustainable development for Hai Phong and the Red River Delta.
2. Information presented at the Conference
– Special Economic Zone: The Prime Minister issued Decision No. 288/QĐ-TTg dated 12/02/2026 on establishing the Hai Phong Special Economic Zone, covering 5.300 ha in the western part of the city and oriented towards high-tech industries and services such as artificial intelligence (AI), robotics, big data, chemicals, and research and development activities. This will create new momentum for Hai Phong to attract high-tech and innovation projects.
– Regarding the master plan for the Southern Hai Phong Coastal Economic Zone: The Prime Minister issued Decision No. 431/QĐ-TTg dated 14/3/2026 approving the master plan for the Southern Hai Phong Coastal Economic Zone through 2050, covering approximately 20.000 ha. It is oriented to become the city’s primary economic growth driver and the Red River Delta’s marine economic centre. The Economic Zone will develop under a green-growth model, focusing on high-tech industry, modern urban areas, seaports and logistics.
– A highlight of the plan is the Hai Phong Free Trade Zone, with a total area of 6.292 ha, oriented to become a centre for manufacturing, trade, logistics and innovation, with priority given to semiconductors, information technology, automation and high-tech supporting industries. In addition, Nam Do Son Port is planned as a green, smart and duty-free port, serving as an important transport and logistics hub for the region and the international community.
3. Projects receiving investment registration certificates at the Conference
The conference presented new and adjusted investment registration certificates, including additional capital, for 13 investment projects with total investment capital of approximately 2,6 billion US dollars, including 4 new Industrial Park (IP) projects: Tien Lang 02, Trung Lap (Phase 01), An Hoa and Gia Loc 03; 9 secondary projects newly licensed or receiving increased capital in industrial parks; and 02 memoranda of understanding with investors expected to study and invest in industrial park infrastructure, with expected investment capital of 540 million US dollars. The total investment capital of the projects receiving investment registration certificates and memoranda of understanding at the conference was approximately 3,2 billion US dollars.
A highlight is LG Innotek Vietnam’s 1 billion USD project to invest in a semiconductor chip manufacturing plant in the Hai Phong Free Trade Zone, affirming the company’s long-term investment commitment and contributing to the advancement of the city’s high-tech ecosystem.
4. Information on investment attraction during the first seven months of 2026
In the first seven months of 2026, total foreign investment attraction in the city (through July 22, 2026) was estimated at approximately 3,26 billion USD, up 71,8% year on year (the first seven months of 2025: 1,9 billion US dollars). Of this, investment in industrial parks and economic zones was estimated at 2,94 billion USD (accounting for 90% of the city’s total foreign investment); investment outside industrial parks and economic zones reached 325,13 million USD.
As of July 2026, the city is expected to have 1.868 valid FDI projects from 41 countries and territories, with valid registered capital of approximately 54 billion USD. Of these, 807 projects are outside the zones, with valid registered capital of approximately 8,2 billion USD; 1.062 projects are inside the zones, with valid registered capital of approximately 45 billion USD.
Content and images compiled by:
Agency: HAI PHONG ECONOMIC ZONE AUTHORITY
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