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Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

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  • Free access to daily domestic news, podcasts and videos

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(VND 23,900)
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28.9 C
Ho Chi Minh City
Sunday, May 4, 2025

Haiphong to open four new industrial parks

The Saigon Times

Must read

HCMC – Haiphong City has granted investment certificates for four new industrial park infrastructure projects, according to the Haiphong Economic Zone Authority (HEZA).

The newly-approved projects, undertaken by major real estate and infrastructure developers, aim to bolster the city’s position as a key industrial and investment hub in Vietnam.

One of the key projects is the second phase of the Nomura-Haiphong Industrial Park, spanning over 197 hectares across An Hung, An Hong, and Dai Ban wards in Hong Bang District. This eco-industrial park, developed by Haiphong International Industrial Park JSC, has a total investment of VND2.78 trillion.

Another major project, led by Idico Vinh Quang JSC, involves the first phase of the Vinh Quang Industrial Park, covering 226 hectares in Vinh Quang, Cong Hien, and Thanh Luong communes in Vinh Bao District. The project is valued at VND3.55 trillion, with an investor equity contribution of VND536 billion.

Meanwhile, Saigon-Haiphong Industrial Park JSC will invest in the Trang Due 3 Industrial Park, spanning 652.73 hectares in Truong Tho, Truong Thanh, An Tien, and Bat Trang communes in An Lao District. The project has a total investment capital of VND8.09 trillion.

The fourth project, the Nam Trang Cat Industrial Park, will be developed by Vinhomes Industrial Park JSC. This 200.39-hectare project in Trang Cat ward, Hai An District, requires a VND2.25 trillion investment.

According to HEZA, Haiphong has seen remarkable growth in investment attraction in recent years, positioning itself among the top localities for foreign direct investment (FDI) in Vietnam. The city has drawn over 1,000 FDI projects from 42 countries and territories, with combined capital of US$33.6 billion. Additionally, it has attracted 231 domestic projects worth US$13.7 billion, primarily in manufacturing and processing industries.

Haiphong’s industrial parks currently boast a 64.3% occupancy rate, with an average investment density of US$12 million per hectare — more than three times the national average of US$4 million per hectare.

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