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(Haiphong.gov.vn) - On the morning of March 26, Vice Chairman of the City People's Committee Hoang Minh Cuong received and worked with Mr. Bang Cuong Chi, Chairman of the Board of Directors of […]

(Haiphong.gov.vn) - On the morning of March 26, Vice Chairman of the City People's Committee Hoang Minh Cuong received and worked with Mr. Bang Cuong Chi, Chairman of the Board of Directors of An Tin Group, Dong Phuong Business Association (China) to learn about the business investment environment, and at the same time report on a number of projects expected to invest in Vietnam, especially projects in the Lach Huyen non-tariff, logistics and industrial zone.
>Work scene.
Introducing a few details about the city, Vice Chairman of the City People's Committee Hoang Minh Cuong said that Hai Phong is one of 5 centrally run cities, with many advantages in attracting investment. As an important traffic and exchange hub for Vietnam and internationally with a fully synchronized infrastructure system of 5 convenient transportation types, Hai Phong seaport can receive ships of over 145,000 tons and connects directly to main seaports in Europe, America and Cat Bi International Airport meeting 4E standards. Recently, Hai Phong has always been in the group with the highest growth rate in the country with the growth rate of gross regional product (GRDP) in 2023 reaching 10.34% and GRDP per capita reaching 7,960 USD/person.

Vice Chairman of the City People's Committee Hoang Minh Cuong introduced information about the city.
In 2023, Hai Phong ranks second in the country in attracting FDI with 3.6 billion USD. By the end of 2023, the city has 943 valid FDI investment projects from 42 countries and territories with a total registered investment capital of 30.04 billion USD. Among them, there are 384 projects from Chinese investors with a total investment capital of 6.04 billion USD. The city's import-export turnover to the Chinese market in 2023 will also reach 3.2 billion USD...
Currently, the city is focusing on promoting and attracting investment in the direction of developing three economic pillars including: industry - high technology, seaport - logistics, and commercial tourism. Hai Phong is also actively establishing more Industrial Parks to be ready to attract new investors, including investors from China and is researching the establishment of a southern coastal economic zone in Hai Phong to ensure balance and harmony between economic benefits and green, sustainable development requirements.
>Mr. Bang Cuong Chi with the Chinese Business Delegation.
On behalf of the Chinese Business Delegation, Mr. Bang Cuong Chi respectfully thanked the Vice Chairman of the City People's Committee for welcoming the Delegation, stating that Hai Phong has a lot of potential for businesses in the Greater Bay Area to invest, which is the 4th largest bay area in the world with an estimated GDP of about 1,880 billion USD and many strongly developing industries. Mr. Bang Cuong Chi said that he can see many investment opportunities and will research thoroughly to invest appropriately in Vietnam in general and the Xuan Cau - Lach Huyen Non-Tariff Area Project of Xuan Cau Holdings Company in particular. With the desire to seek joint venture investment opportunities in Hai Phong city, representatives of the Chinese Business Delegation expressed their wish to receive help from the Hai Phong city government.

City leaders and the Chinese Business Delegation.