Hai Phong’s new growth momentum: From an industrial hub to a national development driver

Hải Phòng cực tăng trưởng mới

Hai Phong – A New Growth Pole of Viet Nam

Hai Phong as a new growth pole continues to rank among the localities with the highest economic growth rates nationwide. In 2025, the city recorded a GRDP growth of 11.81%, nearly 1.5 times higher than the national average. In this performance, the industrial sector remained the key pillar and the main driver of growth.

The industrial production index rose by 15.2%, maintaining double-digit growth for many consecutive years. This reflects the scale, capacity, and long-term stability of Hai Phong’s industrial base.

The city’s industrial structure is increasingly focused on manufacturing and processing industries, which generate high value added and serve as the primary engine of local economic growth.

Industry as a “Magnet” for Investment

The strong appeal of Hai Phong’s industrial sector is evident in the substantial flow of investment into industrial parks and economic zones. In 2025, the city attracted nearly VND 560 trillion in domestic investment and approximately USD 20 billion in foreign direct investment, primarily in industrial production and supporting industries.

At the same time, nearly 7,500 new enterprises were established, many operating in manufacturing, further expanding the city’s industrial foundation and enhancing its competitiveness.

According to Mr. Bruno Jaspaert, Chief Executive Officer of the DEEP C Industrial Zones Complex, Hai Phong has long demonstrated its position as a strategic destination for a new era. From initially developing just one or two industrial zones. DEEP C has now expanded to three industrial zones, reflecting strong long-term investor confidence in the city.

Hai Phong’s Aspiration to Become a New National Growth Pole

Building on its well-established industrial foundation, Hai Phong is entering a new development phase with the goal of becoming a new growth pole of Viet Nam. Key drivers of this phase include the implementation of special mechanisms and policies, along with the expansion of development space.

One of the most significant highlights is the development of the Hai Phong Free Trade Zone in connection with the southern coastal economic zone. Preferential policies on investment, trade, and administrative procedures are expected to strongly attract high-tech industrial projects and high value-added manufacturing.

According to leaders of the city’s People’s Committee. The free trade zone represents not only a new development model but also a new governance mindset, aligned with international practices and Hai Phong’s unique advantages.

Long-Term Planning Lays the Foundation for Sustainable Development

The Hai Phong Master Plan for the 2021–2030 period, with a vision to 2050. Clearly defines the goal of building a modern, civilized, eco-friendly, and livable industrial port city. Hai Phong’s new growth hub.

Industry, the marine economy, and logistics are identified as the key pillars of development. While the city gradually shifts toward a growth model based on quality, efficiency, and innovation.

The plan also emphasizes expanding development space toward the sea, linking industrial growth with seaport infrastructure and global supply chains. This approach aims to improve resource efficiency, promote green growth, and ensure sustainable development.

From an Industrial Powerhouse to a National Growth Engine

With a solid industrial foundation, special policy mechanisms, and a long-term strategic vision. Hai Phong as a new growth pole is steadily becoming a reality.  Investment attractiveness, and the city’s position in regional value chains. Hai Phong’s new growth hub.

In the coming period, as industry continues to serve as the central driving force—closely linked. With the marine economy, logistics, and sustainable development—Hai Phong is expected to generate strong spillover effects and make significant contributions to national economic growth.

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