Hai Phong consecutively ranks second in FDI attraction

By the end of the first quarter of 2014, Hai Phong continues ranking the second in the country in FDI attraction with a total amount of USD 235.4 million, including 11 newly registered projects and 5 adjusted capital projects. At the present, Binh Duong tops the list in attracting investment and Ho Chi Minh city comes third after Haiphong.

The investment projects mainly focus on supporting industries, housing construction, services, trade and automobile spare parts manufacturing ...

In 2014, the city strives to lure about USD 1 billion in FDI, of which top priority will be given to projects developing auxiliary industries, fetching high added value, saving materials and fuel. Besides investors from the U.S, Japan and South Korea, the city is now attracting investors from Europe with development projects for auxiliary industries of shipbuilding.