Hai Phong eyes to attract Chinese investors, tourists
Authorities and agencies in the northern port city of Hai Phong has taken trade and tourism promotion activities to further attract investment and tourists from China.
An aerial view of Cat Ba archipelago. (Photo: VNA)
Hai Phong (VNA) – Authorities and agencies in the northern port city of Hai Phong has taken trade and tourism promotion activities to further attrꩲact investment and tourists from China.
Early this month, from August 4-8, a delegation of the city led by Secretary of the municipal Party Committee Le Tien Chau visited Chinese localities, including Shenzhen and Guangdong.
While in Shenshen, the delegation attended an investment promotion conference, in which the city’s authorities granted seven investment registration certificates with total registered capital of nearly 200 million USD and exchanged four Memorandums of Understanding (MoUs) on cooperation with Chinese partners.
On August 15, the city’s Department of Tourism and the Department of Culture and Sports held an event to promote the city’s culture and tourism to China’s Nanning city.
At a meeting with representatives from Nanning city, Vice Director of the city’s Tourism Department Vu Huy Thuong highlighted local advantages and potiential for tourism development, such as geographic location, landscapes, air connectivity, lodging service and entertainment.
He said in the coming time, the two sides will continue organise tourism promotion activities and support their tourism businesses to explore tourism cooperation opportunities in the two cities.
According to the Hai Phong municipal People's Committee, the city is currently home to 405 projects invested by China with a total capital of 6.14
billion USD. Chinese enterprises annually export 5.34 billion USD worth of goods and employ 58,000 workers, contributing to the city's economic and social development.
Regarding tourism, Hai Phong always identifies China as a key market. Chinese tourists account for about 20% of the market share of international tourists to Hai Phong./.
The city’s strategic direction, the involvement of relevant units, and the pioneering efforts of businesses are key factors driving companies in the northern port city of Hai Phong towards green and sustainable development.
The northern port city of Hai Phong continued its impressive economic performance in the first half of the year, ranking fifth nationwide, second in the Red River Delta and first among centrally-run cities in terms of growth rate, said Permanent Vice Chairman of the municipal People's Committee Le Anh Quan.
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Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
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A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
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The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
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