The industrial zone land Hai Phong market is entering a new growth phase as the city accelerates investment attraction and expands its industrial and economic zone infrastructure. With ambitious FDI targets, new industrial park developments, and major economic zone projects underway, Hai Phong continues to strengthen its position as one of Vietnam’s leading industrial investment destinations.
Hai Phong Accelerates Industrial Park Development and Expansion
Hai Phong has set a target of attracting at least US$900 million in foreign direct investment (FDI) during the first quarter of 2026. To achieve this objective, the city is focusing on accelerating investment procedures while supporting production and business activities across industrial parks and economic zones. These efforts reflect the city’s determination to maintain investment momentum in a highly competitive environment. They also demonstrate a long-term commitment to strengthening industrial growth. As investment competition among localities continues to intensify, administrative efficiency is becoming an increasingly important factor. The city’s proactive approach is expected to create a more favorable environment for investors.
The confidence of existing investors continues to be reflected through ongoing factory expansion and production growth projects within Hai Phong’s industrial parks. Several enterprises are increasing manufacturing capacity to support long-term business objectives while contributing to local industrial development. These expansion activities highlight the important role of reinvestment in sustaining industrial growth. They also demonstrate the attractiveness of Hai Phong as a destination for long-term manufacturing operations.
After decades of development, many industrial parks in Hai Phong have achieved high occupancy levels and attracted a large number of international investment projects. To accommodate future demand, the city continues to expand industrial infrastructure and accelerate the development of new industrial park phases. Significant investments are being directed toward site preparation and infrastructure construction to create additional space for incoming manufacturers. This reflects the sustained attractiveness of Hai Phong’s industrial ecosystem. The expansion also creates new opportunities for future industrial investment and business development. Strong occupancy levels continue to demonstrate the effectiveness of the city’s long-term industrial development strategy while providing a solid foundation for future growth.
New Industrial Parks and Economic Zones Create Growth Opportunities
Alongside the expansion of existing industrial areas, Hai Phong is accelerating the development of new industrial infrastructure projects to support future investment demand. In January 2026, the city simultaneously launched several major industrial park infrastructure developments with a combined investment of nearly VND 20 trillion. The implementation of multiple projects demonstrates Hai Phong’s proactive approach to industrial development while expanding the supply of industrial land available to manufacturers and investors. Such developments are expected to support a broader range of investment opportunities across different industries. They also contribute to the continued expansion of the city’s industrial footprint.
A significant milestone was reached on February 12, 2026, when the Prime Minister approved the establishment of the Hai Phong Specialized Economic Zone through Decision No. 288. Covering approximately 5,300 hectares, the new economic zone is expected to provide a foundation for attracting high-tech industries, logistics operations, and modern service projects. The establishment of the zone marks an important step in the city’s long-term development plans. It also reinforces Hai Phong’s ambition to attract higher-value investment projects. Large-scale economic zones are increasingly becoming key drivers of regional development. They often play an important role in supporting industrial and commercial activities over the long term.
At the same time, authorities are accelerating planning procedures for the Southern Coastal Economic Zone, which is expected to cover approximately 20,000 hectares. Planning and regulatory preparations are being completed to support future investment attraction and economic development. Large-scale planning initiatives such as these are expected to support the city’s industrial growth for many years ahead. They also provide a broader framework for future infrastructure expansion. Long-term planning remains an essential component of sustainable economic development. It helps ensure that future growth can be accommodated in an organized manner.
Strong FDI Targets Support the Industrial Zone Land Hai Phong Market
In 2026, Hai Phong aims to achieve a Gross Regional Domestic Product (GRDP) of VND 506.39 trillion, representing a 13% increase compared with 2025. To support this growth target, the city plans to attract between US$3.8 billion and US$4.3 billion in FDI throughout the year. These ambitious objectives demonstrate the city’s confidence in its economic outlook. They also reflect expectations for continued investment activity across industrial and economic zones. Economic growth targets often serve as important indicators of development priorities. They can also help guide policy implementation and infrastructure planning.
The city plans to maximize the advantages of the Southern Coastal Economic Zone and the future Free Trade Zone while developing new policies and solutions to create a more distinctive investment environment. At the same time, Hai Phong is accelerating infrastructure construction for 20 new industrial parks and implementing the development strategy associated with the newly established Specialized Economic Zone. Such initiatives are designed to strengthen the city’s competitive position within the region. They also support long-term industrial expansion objectives. Continued infrastructure development remains a key requirement for attracting large-scale projects. It can also enhance the overall efficiency of industrial operations.
According to the Hai Phong Economic Zone Authority, key priorities include synchronizing infrastructure systems such as power supply, transportation, logistics, and seaports. Particular attention is being given to strategic projects, including berths No. 7 through No. 12 at Lach Huyen Port, while site clearance activities are being accelerated to prepare land for major investors. Efficient infrastructure remains a critical factor in attracting industrial investment. Continued improvements in connectivity are expected to enhance the appeal of industrial zone land Hai Phong in the coming years. Reliable infrastructure networks can help support both manufacturing and logistics activities. They also contribute to improving overall investment readiness.
The authority is also mobilizing resources to help businesses quickly commence commercial operations through the application of a partial acceptance mechanism. This approach is intended to accelerate industrial output and contribute to economic growth from the early months of 2026. Supporting enterprises in bringing projects into operation remains an important component of the city’s investment strategy. It also helps maximize the economic impact of newly completed industrial developments. Faster project implementation can create benefits for both investors and local economic activity. It also allows new investments to begin contributing to production capacity more quickly.
In conclusion, with strong FDI targets, the expansion of existing industrial parks, the launch of new industrial developments, and the establishment of major economic zones, Hai Phong is creating favorable conditions for future industrial investment. These developments are expected to further enhance the attractiveness of industrial zone land Hai Phong while supporting the city’s long-term economic growth ambitions.
Source: Hai Phong News