Hai Phong continues to strengthen its position as one of Vietnam’s leading industrial investment destinations, with foreign direct investment flowing steadily into its economic zones and industrial parks. In the first quarter of 2026, the city recorded impressive growth in both foreign and domestic investment, further enhancing its appeal to manufacturers and global investors.
Supported by administrative reforms, faster project approvals, and long-term planning for new economic zones, industrial park investment Hai Phong is entering a new phase of sustainable expansion.
Strong FDI Growth Boosts Industrial Park Investment Hai Phong
Northern Hai Phong city’s economic and industrial zones attracted an estimated USD 915.3 million in foreign direct investment (FDI) in the first quarter of 2026, according to the Hai Phong Economic Zone Authority. This result exceeded the quarterly target of USD 900 million by 1.7% and marked a remarkable year-on-year increase of 93.9%. These figures clearly reflect the city’s rising importance in Vietnam’s industrial investment landscape and the continued confidence of international investors.
The first-quarter result also completed 25.4% of Hai Phong’s full-year FDI target of USD 3.8 billion, creating strong momentum for the remaining months of 2026. This confirms that Hai Phong remains one of the most attractive industrial investment hubs in northern Vietnam, especially for large-scale manufacturing projects seeking long-term stability and strong logistics connections.
Domestic investment also showed strong performance during the same period, reaching more than VND 22.6 trillion, equivalent to approximately USD 967.8 million. The simultaneous growth of both foreign and local capital demonstrates broad investor confidence across multiple sectors while supporting the continued expansion of industrial infrastructure throughout the city.
Administrative Reforms and New Planning Support Long-Term Expansion
The Hai Phong Economic Zone Authority attributed these positive investment results to strong administrative reforms across key areas such as investment, planning, construction, environment, and labour. Together with digital transformation efforts, these improvements have helped shorten procedures, remove bottlenecks, and accelerate project implementation. This allows investors to launch and expand operations more efficiently.
A more transparent and efficient business environment has become a major advantage for industrial park investment Hai Phong, especially for projects that require fast approvals and long-term development planning. Smoother administrative processes not only improve investor confidence but also help the city attract higher-quality and more sustainable industrial projects.
According to Mr. Pham Van Thep, Head of the Hai Phong Economic Zone Authority, the city will continue strengthening investment promotion activities in the second quarter of 2026, with a strong focus on attracting more FDI to achieve the annual target of USD 3.8–4.3 billion. This reflects Hai Phong’s proactive strategy in maintaining investment momentum throughout the year.
At the same time, authorities plan to accelerate the planning and development of the southern coastal economic zone and specialized industrial zones to support future investment inflows. These strategic projects are expected to increase industrial land supply, improve logistics connectivity, and create stronger long-term conditions for businesses entering Hai Phong’s industrial market.
Overall, with USD 915.3 million in FDI attracted in just the first quarter of 2026, Hai Phong continues to prove its strength as one of Vietnam’s most dynamic industrial investment destinations. Strong policy support, efficient administration, and ambitious industrial zone expansion are helping the city maintain solid investor confidence.
As new economic zones and specialized industrial parks move forward, industrial park investment in Hai Phong is expected to remain a valuable opportunity for manufacturers and long-term investors in the years ahead.
Source: VnEconomy