'Destination' of projects
Right before the merger, FDI attraction activities in both Hai Phong and Hai Duong recorded many outstanding marks. In June 2025, Innox Ecom Vina Co., Ltd. inaugurated a project to produce silicon cathode material (SiO) - a key component in electric vehicle batteries in the duty-free zone and Nam Dinh Vu industrial park, Dinh Vu - Cat Hai Economic Zone (Hai Phong). With a total investment of 20 million USD, the project has a scale of 6,000 m², a capacity of 800 tons of products/year and all output is exported to Europe and America.
Previously, in January 2025, also at Nam Dinh Vu Industrial Park, Hai Phong City granted an investment certificate to Trakmotive Global Industrial Inc. (USA) with a project to produce auto parts worth 60 million USD. The project specializes in producing transmission system components, with a scale of 11,400 tons of products/year, contributing to the formation of ancillary industrial supply chains in the region.
On the Hai Duong side, at the end of September 2024, Deli Group (China) officially started construction of the stationery factory project in the Dai An expanded industrial park. With a total investment of up to 270 million USD on an area of over 21 hectares, this is the group's largest FDI project in Vietnam. The factory is expected to be operational by the end of 2026, producing more than 104 million products/year, creating jobs for about 3,000 workers, and expected revenue of 5 million USD/year.
Deli Group Chairman Luu Phu An affirmed that the project is not only a major turning point in the group's globalization strategy, but also a long-term commitment to the development of Vietnam's industry in general and Hai Duong in particular.
In the first 6 months of 2025, Hai Duong attracted a total of 405.4 million USD in FDI capital, an increase of 117% over the same period last year. Of which, there were 26 newly licensed projects with registered capital of 175.5 million USD and 35 projects adjusted to increase capital to 224.7 million USD.
At the same time, Hai Phong recorded FDI capital inflows of up to 1.085 billion USD, continuing to maintain its position as an attractive destination for international investors. Before the merger, Hai Phong had more than 1,000 FDI projects from 42 countries and territories with a total registered capital of nearly 34 billion USD. Hai Duong had more than 600 FDI projects with a total capital of more than 11 billion USD from 27 countries and territories.
Consolidate boundaries, multiply opportunities
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After the merger, the total FDI capital of Hai Phong City has just reached nearly 45 billion USD with more than 1,600 projects. This not only reflects the strong growth potential but also shows that the merger is not simply a matter of adding up the boundaries, but a "double opportunity" method, creating new attraction for FDI projects in the next phase.
Both Hai Phong and Hai Duong have had their planning for the 2021-2030 period, with a vision to 2050, approved by the Prime Minister. Accordingly, Hai Phong will develop into an international maritime economic center, a major seaport, a leading logistics center in Southeast Asia, and a pioneer in industrialization and digital transformation. Meanwhile, Hai Duong is oriented to meet the basic criteria of a centrally-governed city before 2050.
Recently, the National Assembly approved the establishment of Hai Phong Free Trade Zone with a series of special preferential policies: 4-year tax exemption, 50% tax reduction for the next 9 years, applying a 10% tax rate for 30 years for priority industries such as R&D, high technology, semiconductors...
The transportation network has been formed with key routes such as National Highway 5, Hanoi - Hai Phong Expressway, Gia Lam - Hai Phong Railway, National Highways 37, 37B, 17... This connection helps to form a continuous industrial - service development corridor, increase competitiveness in logistics and reduce production costs for investors.
Hai Phong seaport, especially the Lach Huyen deep-water port cluster, is the gateway for import and export of goods in the North. According to statistics, about 80% of goods and agricultural products from Hai Duong (old) are transported through this port system. After the merger, this “logistics home ground” will serve the entire expanded economic region, creating superior export transportation advantages for businesses in the region…
The infrastructure system, especially traffic infrastructure and factories, is ready to certainly meet the conditions for serving the production and business of enterprises.
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Hai Phong City has been making efforts to improve the investment and business environment, build a transparent and fair investment environment; take administrative procedure reform as a driving force for development; speed up the settlement of administrative procedures on the internet, shorten the time to settle administrative procedures related to the investment and business sector...
In 2024, Hai Phong will lead the country in the Provincial Competitiveness Index (PCI) and the Public Administration Reform Index (PAR-INDEX). In 2022 and 2023, the city will also maintain its top position in the country in these two indexes. Meanwhile, in 2024, Hai Duong will rank 14th in the country in the Provincial Competitiveness Index, up 3 places compared to 2023; rank 13th in the country in the Administrative Reform Index, up 9 places compared to 2023...
With the achievements of the two localities before the merger, along with the factors of “land – people – capital – infrastructure”, the new Hai Phong city will continue to open up a new space full of potential for attracting FDI. The city will become the “FDI capital” of the North.
HA VYSource: https://baohaiphongplus.vn/nhan-len-loi-the-thu-hut-fdi-sau-hop-nhat-hai-phong-hai-duong-416400.html
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