HAIPHONG HIGHTENS INTERNATIONAL INTEGRATION CAPABILITY

Covid-19 pandemic has caused the uninterrupted crisis chain for the regional socio-economy. However, Haiphong still remains the safe and alluring destination as it can satisfy criteria of investors.

In the first quarter of 2021, though Covid-19 has made several impacts, FDI capital poured into the city has still increased 4.2 fold over the same period last year. Particularly within April, Haiphong recorded a total of 5 newly-licensed FDI projects, which are forecast to contribute USD 52.36 million to Haiphong Economic Zone. Added with 7 capital-increased projects which value roughly USD 85.3 million, Haiphong Economic Zone is estimated to draw USD 137 million. Hence, with the total newly-granted and increased investment capital reaching USD 906 million in the first quarter, up to this moment, Haiphong has lured more than USD 1 billion, which acts as the foundation to forge ahead the attraction from USD 2.5-3 billion by the end of 2021. . Industrial parks in Haiphong are now contributing more than 70% in the city’s export turnover. Not only increasing the collection source to the budget, Haiphong’s industrial parks and economic zones have helped to enlarge the market, increase the cargo throughput and elevate the capability of international integration of the city’s economy.

haiphong.gov.vn