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Strong institutional reform to attract strategic investors

On the afternoon of July 15, the Hai Phong People's Committee held an investment promotion conference in 2025 with the theme "Hai Phong - Strategic destination of the new era". President Luong Cuong attended and delivered a speech. The event was part of the third meeting of the APEC Business Advisory Council (ABAC), attracting a large number of domestic and foreign investors.

Báo Sài Gòn Giải phóngBáo Sài Gòn Giải phóng15/07/2025

Strong institutional reform to attract strategic investors

Speaking at the conference, President Luong Cuong affirmed that the event is not only meaningful to Hai Phong but also a strong message about Vietnam's development aspirations, proactive integration spirit and commitment to improving the investment environment.

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President Luong Cuong and delegates attending the conference

In the context of rapidly changing geopolitics , technology and the global business environment, the President emphasized the importance of flexible adaptation, policy creation and institutional reform. Hai Phong – with its seaport, industrial and smart urban ecosystem – is converging all the elements to become a strategic investment destination in the region.

The President informed that Vietnam is currently among the 20 largest trading economies in the world, with a total import-export turnover of more than 786 billion USD in 2024. The country attracts investment from nearly 150 countries and territories, playing an increasingly important role in the global production chain. In particular, Hai Phong plays a key role with an international seaport system, synchronous infrastructure, developed logistics and the position of the largest export gateway in the North.

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President Luong Cuong and delegates at the investment promotion conference in Hai Phong City

The President welcomed investors from Asia, Europe, America and APEC economies who have chosen Hai Phong as a destination for major projects in the fields of high technology, supporting industry, innovation and smart logistics. At the same time, he highly appreciated the APEC Business Advisory Council’s inclusion of topics such as digital trade, sustainable development, green energy and smart logistics into the agenda – pillars in the development strategy of Vietnam and Hai Phong City.

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President Luong Cuong speaks at the conference

The President emphasized that the Vietnamese State is committed to maintaining political stability, strongly reforming institutions, protecting investors’ rights, and promoting connectivity in terms of infrastructure, management, data, and human resources. He affirmed: “I hope that investors will not only feel the friendliness, but also see the vision, determination, aspiration, and promising cooperation opportunities from the Hai Phong City government.”

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President Luong Cuong and leaders of Hai Phong City, ministries and branches witnessed the awarding of the Investment Registration Certificate, Investment Policy Approval and Investment Cooperation Memorandum.

Speaking at the conference, Chairman of Hai Phong City People's Committee Le Ngoc Chau said that the 2025 investment promotion conference took place in the context of the city having just successfully merged with Hai Duong province, bringing Hai Phong to the third position nationwide in terms of economic scale, becoming a dynamic megacity with large development space.

In the first 6 months of 2025, Hai Phong City attracted over VND200,000 billion in domestic investment capital. Currently, the city has more than 1,900 FDI projects from 44 countries and territories, with a total registered capital of over 48 billion USD - accounting for nearly 10% of the total accumulated FDI capital nationwide. The city is also the only locality that owns all 5 types of transportation: road, sea, air, rail and inland waterway.

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Hai Phong City grants investment registration certificates to enterprises

At the conference, Hai Phong City granted investment registration certificates to 32 projects and signed 7 investment cooperation memorandums of understanding, with a total registered and committed capital of more than 15.6 billion USD.

Source: https://www.sggp.org.vn/cai-cach-manh-me-the-che-de-thu-hut-nha-dau-tu-chien-luoc-post803884.html


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