Hai Phong's new growth driver: Accelerating the development of industrial parks and economic zones

In the early days of 2025, Hai Phong officially granted investment certificates to 4 new industrial parks including: Vinh Quang Industrial Park (phase 1), scale of 226.01 hectares; Nomura - Hai Phong Industrial Park (phase 2), scale of 197.16 hectares; Trang Due 3 Industrial Park, scale of 652.73 hectares; Nam Trang Cat Industrial Park, scale of 200.39 hectares. The establishment of the Southern coastal economic zone of Hai Phong together with 4 new industrial parks brings the total number of industrial parks operating in the city to 18 industrial parks, with a total area of about 7,378 hectares (an increase of nearly 1,300 hectares), 2 economic zones with a total area of about 42,540 hectares.

Perspective of Tien Thanh Industrial Park

Following that, Tien Thanh Industrial Park was officially started in April 2025. The project has a scale of 410.4 hectares, with a total investment of more than 4,600 billion VND, deployed in the communes of Tien Thanh and Cap Tien (Tien Lang district). It is expected that when put into operation, Tien Thanh Industrial Park can create jobs for about 30,000 workers, contributing to socio -economic development and improving the lives of local people.

And recently, Trang Due 3 Industrial Park was also started in May 2025. The project has a scale of 652.73 hectares, located in Truong Thanh, Truong Tho, An Tien and Bat Trang communes (An Lao district, Hai Phong city), in Dinh Vu - Cat Hai Economic Zone. The project has a total investment of more than 8,000 billion VND. Trang Due 3 Industrial Park is oriented to develop into a destination for investors in the fields of high technology, electronics - electric vehicle industry and environmentally friendly supporting industries. The project will inherit the synchronous traffic infrastructure system and connectivity advantages of Hai Phong port city - an important logistics center of the North.

Trang Due Industrial Park attracts many large foreign investors, contributing to making Hai Phong one of the top cities in the country in attracting FDI capital.

Based on the Prime Minister 's decision on the establishment of the Southern Coastal Economic Zone of Hai Phong and new industrial zones, Hai Phong City is currently focusing on accelerating the progress of submitting and approving relevant plans and gradually implementing the construction and completion of the infrastructure system of industrial zones and economic zones to create favorable conditions for attracting investment. Many cooperation agreements, memorandums of understanding, and investment commitments in existing industrial zones as well as the Southern Coastal Economic Zone and newly formed industrial zones have been signed since the beginning of 2025, opening up positive prospects in the near future.

Specifically, at the first working session of the Steering Committee for the Development of the Southern Coastal Economic Zone of Hai Phong, the Hai Phong Economic Zone Management Board informed: 7 industrial parks (including Tran Duong; Tien Lang 1 and 2; Tan Trao; Ngu Phuc; Tran Duong-Hoa Binh) in the Southern Coastal Economic Zone of Hai Phong have had investors researching. Notably, there are investors researching the construction of a complex of ports, gas-fired power plants, shipyards, industrial parks, logistics centers with a total investment of tens of billions of USD...

These are positive signals, showing the interest of investors in the Southern Coastal Economic Zone of Hai Phong in particular, and the industrial parks and economic zones in the city in general. Thus, together with the new Southern Coastal Economic Zone of Hai Phong located in the districts of An Lao, Kien Thuy, Tien Lang, Vinh Bao and Do Son district, which was decided to be established earlier, the industrial parks and economic zones will create new space for the city, creating momentum for Hai Phong to make a breakthrough in attracting investment in the coming time.

Mr. Le Trung Kien, Head of the Hai Phong Economic Zone Management Board, emphasized: Industrial parks and economic zones in the city are identified as strong growth drivers, making important contributions to the local economic development. As evidence of this, by the end of 2024, industrial parks and economic zones attracted more than 840 investment projects with a total registered capital of nearly 48 billion USD. In 2024 alone, industrial parks and economic zones attracted 4.35 billion USD in foreign direct investment (FDI), an increase of nearly 1.3 times compared to 2023. This result contributed significantly to Hai Phong's GRDP growth, reaching 11.01%, ranking 3rd in the country, extending Hai Phong's special achievements as the only locality in the country to maintain 10 consecutive years of double-digit growth.

More importantly, the scale and quality of investment projects in Hai Phong's industrial parks and economic zones are increasing, shifting from extensive to intensive investment, focusing on attracting high-tech and clean technology manufacturing sectors, especially projects on semiconductors and electronic chips, selecting large, reputable investors in the world, being environmentally friendly and gradually reducing labor-intensive projects.

Currently, Hai Phong has become a stronghold of many large investors, deeply participating in the global value chain such as: LG (with an investment ecosystem of 9.24 billion USD), Bridgestone (1.22 billion USD), Regina Miracle (1 billion USD), Pegatron (1 billion USD)... The average investment rate in industrial parks and economic zones reaches nearly 11 million USD/ha of industrial land, 2.2 times higher than the national average, showing outstanding attractiveness for projects requiring high technology and large capital, in line with Hai Phong's investment attraction orientation.

Mr. Bruno Jaspaert, Chairman of the European Chamber of Commerce in Vietnam (EuroCham), General Director of DEEP C Industrial Zone Complex, once shared that the master plan for the South of Hai Phong with the City's second economic zone is unique in Vietnam. This will be the first green economic zone in Vietnam with a new, modern development model, including green, ecological, circular economy, digital economy, industrial symbiosis, and supply chains. Hopefully, businesses can continue to expand and grow with the city.

DEEP C Industrial Park Complex is a pioneer, persistently developing ecological industrial parks, attracting many foreign investors. Photo: Huy Dung

Resolution 45 of the Politburo on the construction and development of Hai Phong city to 2030, with a vision to 2045, requires Hai Phong to take the lead in the country in the cause of industrialization and modernization; be the driving force for the development of the Northern region and the whole country; have modern, smart and sustainable industry. The city is ready to provide opportunities, create trust and action, always accompany businesses so that every business and investor feels that it is a successful destination. From there, join hands to turn aspirations into reality so that Hai Phong is not only a Port City, but also a city worth living, worth investing in and worth being proud of.

With the consensus and determination of the entire political system and the participation of investors, the development of industrial parks and economic zones in the city will certainly exceed the set plan, helping Hai Phong have more room and new development momentum, and facilitate the attraction of high-quality FDI capital.

Source: https://baodautu.vn/dong-luc-tang-truong-moi-cua-hai-phong-tang-toc-phat-trien-khu-cong-nghiep-khu-kinh-te-d293325.html