Thanks to great efforts in improving business environment and investment promotion, in the first 5 months of the year, Haiphong attracts USD 1.051 trillion foreign investments, up 235.7% over the same period last year.
Of which, the FDI reaches more than 1 trillion USD with 29 newly-granted projects and 20 investment- regulated projects. Foreign invested enterprises registered to buy shares and contribute capitals with the total investment of USD 19.25 million.
Haiphong People’s committee defines investment attraction, especially FDI attraction from Japanese and Korean investors, as the key task. Haiphong has facilitated the investors to deploy projects in the city in the framework of the memorandum signed in Haiphong investment promotion conference in 2016. The city has spared no efforts to improve procedures and business environment to give the best conditions for investors to the city.