HCMC – Haiphong, the largest port city in northern Vietnam, has emerged as a prime destination for major international investors, with 975 active foreign investment projects, according to the Haiphong City People’s Committee.
These projects have total registered capital of US$30.65 billion, solidifying Haiphong’s position as a top location for foreign direct investment (FDI) in the country.
South Korea’s LG Group stands out as the largest investor in Haiphong, with investments exceeding US$7.24 billion. Other notable investors include Japan’s Bridgestone with US$1.22 billion, Hong Kong’s Regina Miracle with over US$1 billion, Taiwan’s Pegatron with US$800 million, and South Korea’s SK Group with more than US$500 million.
Building on the success of previous international investment promotion efforts, a delegation from Haiphong, led by Party Secretary Le Tien Chau, conducted a working visit to China from August 4 to 10.
The delegation met with key local governments, universities, and major corporations, including technology giants ZTE and TCL in Shenzhen, Guangdong Province.
During the visit, Haiphong participated in an investment promotion conference in Shenzhen, where the city issued seven investment certificates totaling nearly US$200 million in registered capital and signed four memorandums of understanding.
Chau emphasized Haiphong’s strategic advantages as one of Vietnam’s three largest cities and a key economic hub in the northern region. In the first half of this year, the city attracted US$1.5 billion in foreign investment.
