Hai Phong’s Ambitious Growth Vision: A 13 % Economic Target Sets the Stage for Investment and Industrial Expansion

Hai Phong has set an ambitious economic growth target of 13 % for 2026, following a strong performance in 2025 with nearly 12 % growth. This strategic target reflects both confidence in the local economy and clear intent to accelerate industrial development, expand export capacity, and attract foreign direct investment (FDI).

The city’s growth plan is significant not only for regional development but also for investors and industrial real estate stakeholders who view Hai Phong as a key gateway to Northern Vietnam’s manufacturing and logistics ecosystem.

Why 13 % Growth Target Matters

Hai Phong’s growth strategy builds on its strengths as a major economic hub with a diversified economic base and strong industrial productivity. The city’s gross regional domestic product (GRDP) growth of about 11.8 % in 2025 underscores its resilience despite global economic headwinds.

• GRDP growth of approximately 13 %.
• Per capita income reaching around US $7,944.
• Industrial Production Index (IIP) increasing by 15.5 % to 16 %.
• Manufacturing and processing accounting for a significant share of production output.
• FDI attraction set between US $3.8–4.3 billion, sustaining capital inflows.
• Export revenue projected at US $52 billion.
• Cargo throughput at ports expected to reach around 238 million tons.

These targets signal a clear focus on industrial and export growth, making Hai Phong a key driver of economic performance in northern Vietnam. They also imply a strengthening ecosystem for manufacturing and logistics investment as part of Vietnam’s broader industrialization strategy.

Strategic Growth Drivers Behind the Ambitious Target

1. Industrial and Export Expansion

Hai Phong’s industrial sector remains a cornerstone of its growth ambitions. With the IIP expected to increase significantly, the city is pushing manufacturing productivity while elevating the quality and sophistication of output. This makes the region particularly attractive to investors looking for modern industrial complexes, logistics hubs, and integrated supply chain facilities — all of which underpin Core5 Vietnam’s market focus.

Export turnover growth to US $52 billion in 2026 highlights the city’s strategic role as an export gateway. Hai Phong’s extensive port infrastructure and proximity to major transport corridors support efficient goods mobility for domestic and international markets.

2. FDI Attraction and Investment Climate

Hai Phong’s 2026 plan includes an FDI attraction target of up to US $4.3 billion, demonstrating confidence in the city’s investment environment. Sustainable economic policies, improved administrative procedures, and strategic development frameworks create a conducive environment for foreign and domestic investors alike.

Maintaining momentum in FDI inflows is critical for industrial park development, technological integration, and value chain enhancement — especially for sectors focused on high value-added and advanced manufacturing.

3. Infrastructure and Strategic Projects

Hai Phong has committed to accelerating key infrastructure projects that support logistics, connectivity, and urban development. Landmark initiatives include seaport upgrades, transportation network expansions, and urban facilities that improve business efficiency and quality of life — all of which enhance the appeal for industrial investors and logistics operators.

Infrastructure improvements not only reduce operational bottlenecks but also attract investment across manufacturing, warehousing, and commercial real estate sectors.

Positive Implications for Industrial Real Estate and Investors

Hai Phong’s economic trajectory and growth ambitions deliver clear signals for industrial real estate and investment trends:

• Sustained Demand for Industrial Space: A high GRDP target driven by industrial output and export growth supports long-term demand for modern industrial parks, ready-built factories, and logistics facilities.
• Logistics and Supply Chain Opportunities: Increased cargo throughput and export activity create opportunities for advanced logistics hubs and distribution networks, aligning with Core5 Vietnam’s investment insights.
• Enhanced Investor Confidence: Consistent economic growth targets and proactive FDI attraction strategies contribute to a stable long-term investment climate.
• Urban and Workforce Development: Strong income growth and expanding services fuel domestic consumption, supporting commercial and mixed-use real estate development.

Hai Phong’s Growth Strategy Strengthens Its Role in Vietnam’s Economic Future

Hai Phong’s commitment to achieving 13 % economic growth in 2026 reinforces its position as a dynamic engine of Vietnam’s northern regional economy. Strong performance in industrial output, strategic FDI goals, and infrastructure development underpin investor confidence in the city’s future potential.

For investors seeking to capture opportunities, Core5 Vietnam provides more than facilities , we are your strategic partner in long-term success.

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