In the context of Vietnam's economy striving to recover and develop strongly, the role of localities in attracting investment and promoting growth has become more important than ever. At the Hai Phong Investment Promotion Conference within the framework of ABAC III, Mr. Pham Tan Cong - Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) reaffirmed VCCI's strong commitment to accompany localities like Hai Phong, aiming to attract high-quality investment capital, develop effective public-private partnership models, and promote innovation to achieve sustainable development.

Great potential

Hai Phong is currently leading the country in attracting foreign direct investment (FDI), especially in the fields of high technology, manufacturing and processing industry, logistics and renewable energy. Industrial zones such as Dinh Vu - Cat Hai, Trang Due, Nam Dinh Vu... have become the destination of a series of leading corporations from Korea, Japan, the United States, China, Singapore and many other APEC member economies. Hai Phong is also a leading locality in administrative reform, digitalization and infrastructure development.

VCCI Chairman Pham Tan Cong spoke at the conference

In 2025, Hai Phong rose to the top of the Provincial Competitiveness Index (PCI) for the first time. With the orientation of developing into a modern and sustainable industrial, service port and tourism center, Hai Phong is opening up great cooperation opportunities for the international business community - especially APEC enterprises in the fields of high technology, smart logistics, supporting industry, digital economy, clean energy and innovation.

Speaking at the conference, the VCCI Chairman affirmed that today's conference, held with the theme "Hai Phong - A strategic destination in the new era", is an opportunity for us to look at, evaluate and explore the potentials and outstanding advantages of the largest port city in the North - a place where a glorious past, a vibrant present and a breakthrough future converge. In recent years, Hai Phong has made a strong mark on the economic map of Vietnam. With a GRDP growth rate that has been maintained at a high level, averaging over 13%/year - Hai Phong has been affirming its role as an important growth pole in the Northern Key Economic Zone and the whole country.

The speech of VCCI Chairman Pham Tan Cong once again emphasized the great potential of Hai Phong, one of the leading economic, industrial and seaport centers of Vietnam. With a strategic geographical location, increasingly complete infrastructure and open investment attraction policies, Hai Phong is becoming an attractive destination for domestic and foreign investors.

Commitment to accompany from VCCI

Also at the conference, Mr. Pham Tan Cong - Chairman of VCCI said that as a national organization representing the Vietnamese business community and an official member of the ABAC Council, VCCI has always proactively played the role of a reliable bridge between Vietnamese businesses and international partners for many years. Over the years, VCCI has always proactively and actively participated in all annual instructions of ABAC and has been organized in rotation in member economies in the APEC community. In particular, VCCI was entrusted by APEC to host the third ABAC meeting in July 2023 in Ha Long, Quang Ninh and this time in Hai Phong City.

President of the Socialist Republic of Vietnam Luong Cuong; Secretary of the Hai Phong City Party Committee Le Tien Chau; Chairman of the VCCI Pham Tan Cong... and leaders of ministries and branches visited the booths of enterprises at the Hai Phong City Investment Promotion Conference within the framework of the 3rd Session-2025 of the Business Advisory Council (ABAC III)

Currently, the VCCI is also actively coordinating with ABAC in preparing for the APEC Business Summit in 2027. On the occasion of Vietnam hosting the APEC Summit in 2027, we have been implementing many activities to promote trade, investment, connect businesses, transfer technology, especially emphasizing the support of small businesses to participate in the APEC regional value chain.

We also acknowledge the great efforts of Hai Phong City in supporting and accompanying businesses. Today's conference is also a clear demonstration of Hai Phong's integration aspirations and strategic vision in affirming its position not only domestically but also in the region. VCCI is committed to accompanying localities such as Hai Phong in attracting high-quality investment capital, developing effective public-private partnership models, promoting innovation and sustainable development - emphasized the Chairman of VCCI.

The Chairman of VCCI also affirmed that the Investment Promotion Conference is a clear demonstration of the city's integration aspirations and strategic vision in affirming its right position not only domestically but also in the region. VCCI believes that the Conference is an opportunity for the government, investment promotion organizations and the business community to share their views frankly and substantively and sign cooperation agreements, creating a framework for long-term, effective and mutually beneficial cooperative relationships.

“We especially welcome businesses to continue expanding their presence in Hai Phong, and at the same time encourage Vietnamese businesses to actively improve their capacity to participate more deeply in the regional production, trade and investment network. I believe that Hai Phong will not only be an attractive investment destination but also a place to form pioneering development models in the future of the region” – Chairman of VCCI affirmed.

With the support of VCCI, along with efforts to improve the investment and business environment, simplify administrative procedures and create preferential mechanisms and policies, Hai Phong is facing a golden opportunity to make a breakthrough. The establishment of a Free Trade Zone (FTZ) in Hai Phong is expected to bring unprecedented strategic competitive advantages, with outstanding policies such as preferential corporate income tax rates, visa exemption and long-term temporary residence cards for experts and their families, and investment procedures that are maximally simplified.

The fact that VCCI and Hai Phong are preparing for large-scale investment promotion meetings and conferences such as ABAC III has demonstrated the determination of both sides in attracting high-quality capital flows, affirming the organizational capacity, development vision and aspirations of the Port City.