Hai Phong among top 10 attractive investment destinations
The northern port city of Hai Phong has been named among top 10 attractive investment destinations nationwide, said Secretary of the municipal Party Committee Le Van Thanh.
Garment production line of Crystal Sweater Vietnam Co., Ltd in Hai Phong cit♊y. Hai Phong has been named in top 10 attractive investment destinations nationwide. (Photo: VNA)
Hai Phong (VNA) – The northern port city of HaiPhong has been named among top 10 attractive investment destinations nationwide,said Secretary of the municipal Party Committee Le Van Thanh.
As of June 30, Hai Phong recorded 24 new projects and 20others registering additional capital worth a total of 617 million USD, 585million USD of which was foreign direct investment (FDI).
Domestic firms have also poured much into the city, notablyVingroup, Sungroup, Xuan Truong, Him Lam, and FLC which embarked on urbandevelopment, tourism, agriculture, health care and education.
There were 501 foreign-invested projects with a totalregistered capital of 14.03 billion USD.
Thanh attributed the success to infrastructure improvement,including construction of Tan Vu – Lach Huyen bridge, Bach Dang bridge,expansion of National Highway 10, and key transport routes which will beinaugurated in late 2017 and early 2018.
In the first half, the city began the construction of HoangVan Thu bridge, Nguyen Binh Khiem overpass, Tam Bac, Han and Dang bridges, and severalcoastal roads.-VNA
Customs officers and police of the northern port city of Hai Phong on May 12 detected three containers containing Shisha and another container with “Khat” leaves inside at the Nam Hai Dinh Vu port.
Work started on May 14 on the first phase of a big ecological tourism complex on Cat Ba Islands in the northern port city of Hai Phong, which is projected to be Vietnam’s first carbon-free tourism area.
Deputy Prime Minister Vuong Dinh Hue has asked Hai Phong city to revise fees for using infrastructure, service facilities and public utilities at ports in the city.
The northern port city of Hai Phong has retainedits second spot among 63 cities and provinces nationwide in the administrative reform index for the fourth consecutive year, scoring 87.24 percent.
The northern port city of Hai Phong should make greater efforts to turn the private sector an important motivation of its economic development, said Prime Minister Nguyen Xuan Phuc.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.
Petrovietnam will step up the development of new products and the expansion of international markets to reduce reliance on the domestic market. It also plans to optimise capital use, manage cash flow and costs, streamline operations, and enhance workforce quality to achieve its 2025 goals.
Vietnam has so far attracted 43,346 valid FDI projects with a total registered capital of 517.14 billion USD. The accumulated disbursed capital is estimated at nearly 331.46 billion USD, accounting for 64.6% of the total registered capital.
More than a product showcase, Vietfood & Beverage – Propack Vietnam 2025 is designed as a comprehensive ecosystem where businesses, experts, and consumers can share knowledge, explore technologies, and connect for collaboration.
Both sides expressed their hope that the outcomes of the discussion will continue to improve the efficiency of customs clearance activities at the customs clearance points and dedicated transport routes of the Huu Nghi – Youyi Guan international border gate pair.
The maximum retail price of E5 RON92 petrol has increased by 207 VND to 19,608 VND (0.75 USD) per litre while that of RON95-III rose by 234 VND to 20,074 VND per litre.
Garment production line of Crystal Sweater Vietnam Co., Ltd in Hai Phong cit♊y. Hai Phong has been named in top 10 attractive investment destinations nationwide. (Photo: VNA) 
