Hai Phong (VNA) - The northern city of Hai Phong is striving toraise annual FDI attraction to 1.5 billion USD by the end of the year.
Head of the Hai Phong Economic Zone Authority (HEZA) Pham Van Moi said thatto realise such a target, the city will focus on increasing site clearance,training human resources to meet demand, and establishing new industrial parks(IPs).
It has completed the necessary procedures to set up a host of new IPs,including DEEP C 4 in Kien Thuy district and Tien Thanh and Vinh Quang in TienLang district, while several other projects in the city have already beensubmitted to the Ministry of Planning and Investment and are awaiting approvalfrom the Prime Minister.
Hai Phong currently needs about 22,000 high-quality employees. HEZA isbuilding a plan to work with businesses to train workers, while the city’s manualworkforce meets just 60 percent of demand from economic zones and IPs.
The city has prioritised attracting high-tech projects to cut its workforceand is considering launching more social housing projects to accommodate workersfrom other localities.
As of May 31, local IPs and economic zones had attracted a total of 377FDI projects with nearly 15.18 billion USD in investment./.
The Bac Son – Nam Hai arterial road was open to traffic on May 3 morning, aiming to connect the east and the west of the northern port city of Hai Phong.
Prime Minister Nguyen Xuan Phuc chaired a meeting of permanent Government members in Hanoi on May 26 to discuss the development of key economic zones (EZs).
The State will not pump more money into 12 loss-making mega-projects under the management of the Ministry of Industry and Trade (MoIT), Deputy Prime Minister Truong Hoa Binh said at a recent meeting with high-ranking officials in Hanoi.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Hai Phong international port (Photo: VNA) 
