Hai Phong moves to attract 2-2.5 billion USD in FDI in 2024

Source: VNS

16:45 | 20/01/2024 Import-Export Follow english.haiquanonline.com.vn on

Industrial parks and economic zones in the northern port city of Hai Phong strive to attract 2-2.5 billion USD in foreign direct investment (FDI) in 2024, according to the city’s Economic Zone Management Board.

Hai Phong moves to attract 2-2.5 billion USD in FDI in 2024 hinh anh 1

DEEP C Hai Phong Industrial Zone I in Dinh Vu-Cat Hai Economic Zone, Hai Phong city. (Photo: tapchicongthuong.vn)

Industrial parks and economic zones in the northern port city of Hai Phong strive to attract 2-2.5 billion USD in foreign direct investment (FDI) in 2024, according to the city’s Economic Zone Management Board.

Head of the board Le Trung Kien said that the city prioritises big investors with high capacity, high and environmentally friendly technologies, commitments to transferring technology, and skillful workers.

It seeks investment in areas belonging to the city’s three economic pillars, namely seaport and logistics, hi-tech industry, and processing - manufacturing.
According to him, in the first half of January 2024, the city attracted 150 million USD in FDI.

In 2023, total investment in the city’s industrial parks and economic zones reached 4.5 billion USD, including 3.5 billion USD in FDI from 62 new projects and other 37 projects with increased registered capital.

Meanwhile, domestic direct investment (DDI) reached over 1 billion USD from 15 new projects, and other 15 projects with adjusted capital.

So far, the city has attracted 520 FDI projects with a total investment capital of over 26.5 billion USD and 217 DDI projects with a total capital of over 14.2 billion USD.

About 200,000 workers are working in industrial parks and economic zones across the city with an average income of 11.5 million VND (470 USD) per person per month./.

Source: VNS

en.vietnamplus.vn

Latest News

Five commodities worth billion dollar exported to China

07:40 | 17/05/2024 Import-Export

VCN - By the end of April, there were four commodities exported to the Chinese market with the turnover of US$1 billion or more.

Promoting reforms and supporting businesses to spread farther

07:39 | 17/05/2024 Import-Export

VCN - According to Professor Dr. Hoang Van Cuong, a member of the National Assembly's Finance and Budget Committee and Vice Chairman of the State Council of Professors for the term 2024-2029, institutions play a very important role. Therefore, it is necessary to continue to promote reforms to create changes that support businesses in expanding their reach.

Five groups of billion-dollar export commodities to China

09:58 | 16/05/2024 Import-Export

VCN - By the end of April 2024, there are 4 groups of goods exported to the Chinese market achieve a turnover of US$1 billion or more.

Footwear faces concerns about new regulations in export markets

14:39 | 15/05/2024 Import-Export

VCN - Despite growth in the first months of 2024, the leather and footwear industry is facing new regulations in export markets related to supply chain traceability.

More News

Vietnamese businesses struggle to get green credit

14:27 | 15/05/2024 Import-Export

Companies are still struggling to get “green” credit since they lack a green taxonomy and fail to understand policies and mechanisms, experts told the Global Climate Partnership Workshop in HCM City on May 13.

Opportunities for Vietnam to participate in the global semiconductor industry value chain

11:34 | 15/05/2024 Import-Export

VCN - The global chip race is heating up, and Vietnam has a unique opportunity to assert itself as one of the participants in the semiconductor industry value chain.

"Improving quality, increasing quantity" of human resources in the semiconductor industry

11:31 | 15/05/2024 Import-Export

VCN - Customs Magazine reporter interviewed Associate Professor, Dr. Nguyen Thu Thuy, Director of the Department of Higher Education (Ministry of Education and Training).

Output simultaneously increased, many ports reported profits

14:47 | 14/05/2024 Import-Export

VCN - Import-export activities recovered strongly, bringing significant growth in the amount of goods exploited at ports in the first quarter of 2024, thereby recording impressive business results in both revenue and profit.

The Việt Nam Import-Export Report to be released Thursday

14:45 | 14/05/2024 Import-Export

The annual trade publication by the MoIT gives an overview of the import-export picture for the whole year

Banks raise interest rates to attract depositors

14:44 | 14/05/2024 Import-Export

Many banks have adjusted up savings interest rates by 0.2-0.3 percentage point per year since early this months to lure depositors in the context that the savings amount at the banking system has declined for the first time after 25 consecutive month increase.

The fruit and vegetable industry has plenty of room for export in the five largest markets

13:55 | 14/05/2024 Import-Export

VCN - Vegetables and fruits are products with great potential for export, because import demand in the world market is always high. Although it is a key export product, the market share of Vietnamese vegetables and fruits still accounts for a small proportion in the world's five largest markets.

Desk established in Dong Nai to support Japanese investors

17:04 | 13/05/2024 Import-Export

Dong Nai province, an industrial hub in the southern region, has set up the Japan Desk at the headquarters of the Dong Nai Industrial Zones Authority to assist Japanese investors operating here.

Fishery enterprises prioritize exporting value-added processed products

13:30 | 13/05/2024 Import-Export

VCN - Market fluctuations in recent years have shown that choosing a business strategy for value-added processed products is more suitable for Vietnam's fishery enterprises.