Hai Phong issues a plan to accelerate the implementation of Investment Agreements to create breakthrough growth impetus

Hai Phong issues a plan to accelerate the implementation of Investment Agreements to create breakthrough growth impetus

On September 24, 2026, the People's Committee of Hai Phong City issued Plan No. 369/KH-UBND on the implementation of signed Memoranda of Understanding (MOUs) and cooperation agreements with investors in the city. This is a timely move to institutionalize directives from the Central Government and the City Party Committee, concretizing Resolution No. 11-NQ/TU dated July 15, 2026, with the goal of achieving an average Gross Regional Domestic Product (GRDP) growth rate of 13%/year or higher during the 2026–2030 period. The Plan opens a new phase in investment promotion, shifting from "signing commitments" to "substantive and effective action".Factory of LG Electronics Vietnam Hai Phong at Trang Due Industrial Park (Photo from collected source)Strategic Objective: Transforming Commitments into Real Development CapacityPlan No. 369/KH-UBND sets an overarching goal of concretizing the implementation of signed MOUs, ensuring that all investment commitments bring specific results, contributing to mobilizing maximum social resources, and promoting production and business activities.The city focuses on accelerating the transformation of memorandums of understanding into specific investment projects, helping projects soon go into operation and contribute directly to socio-economic development. Through the Plan, Hai Phong will clearly define the progress and necessary conditions for each project, thereby proactively identifying difficulties, obstacles, and bottlenecks for timely resolution, firmly avoiding delays caused by subjective reasons from state agencies.In particular, the city government prioritizes focusing on promoting large-scale projects with rapid implementation capabilities, modern technology, and high spillover effects. The successful implementation of these projects is expected to enhance the efficiency of attracting non-budget capital while creating new growth engines for the city in a breakthrough era.Action Requirements: Substantive, Transparent, and the "6 Clear" PrincipleTo achieve the highest efficiency, the People's Committee of Hai Phong City requires implementation work to ensure substance, focus, key priorities, adherence to commitment scopes, and strict compliance with current planning and legal regulations.The Chairman of the City People's Committee directed task assignments under the "6 Clear" principle: clear person, clear task, clear responsibility, clear authority, clear timeline, and clear result. Each leading agency and coordinating agency must firmly grasp their specialized duties to prevent shift of responsibility or avoidance.Additionally, the Plan emphasizes synchronized coordination between local government and investors. State agencies are responsible for proactively guiding and removing procedural hurdles; conversely, investors must proactively fulfill commitments and provide complete dossiers as required. For MOUs where investors no longer have demand, cease research, or lack implementation capacity, units must conduct objective reviews and promptly report to the City People's Committee to propose appropriate handling plans, avoiding waste of resources and land funds.Specific Task Assignments for 11 Key MOUsAccording to Plan No. 369/KH-UBND, Hai Phong City has placed 11 key MOUs/projects under direct tracking and urging, assigned to two primary leading focal points:Hai Phong Economic Zone Authority: Leading and urging the implementation of 06 MOUs/projects located within industrial parks and economic zones. Key projects include:Project by LG Display Vietnam Hai Phong Co., Ltd. (expected disbursement of USD 1 billion in 2027 out of a total capital of USD 7 billion).Expansion project by LG Electronics Vietnam Hai Phong Co., Ltd. at Trang Due Industrial Park (estimated at USD 300 million by 2030).Cooperative project to develop high-tech ready-built factories and warehouses by CTP Group.Proposed investment project in the Southern Economic Zone in cooperation with Korea Water Resources Corporation (K-water).Semiconductor packaging substrate manufacturing project by LG Innotek Vietnam Hai Phong Co., Ltd.Project to operate the Ecovance high-tech biodegradable material manufacturing plant by SK Leaveo Vietnam Co., Ltd. at Dinh Vu Industrial Park.Department of Finance: Leading, monitoring, and organizing the implementation of 05 MOUs/projects regarding major transport and urban infrastructure investments. Projects include:Project for the road connecting National Highway 5 to National Highway 10 (cooperation with Masterise High-Rise Building Service JSC).Construction project for the Cau Rao 3 road line (cooperation with Doji Gold & Gems Group JSC).Le Thanh Tong road line project connecting Le Hong Phong road and Ho Tien Nga (cooperation with Viconship Industrial Infrastructure and Real Estate Co., Ltd.).Ring Road 2 project section from NH10 to the Cam River overpass (cooperation with Hoang Huy Financial Services Investment JSC).Ring Road 2 project section from Nguyen Truong To road to the foot of Ben Lam bridge (cooperation with Trung Nam Construction Investment JSC).Expectations to Create New Impetus for Socio-Economic DevelopmentThe issuance of Plan No. 369/KH-UBND establishes a close inspection mechanism: on a monthly basis, the Department of Finance and the Economic Zone Authority summarize progress reports; every 6 months, a comprehensive evaluation of all MOUs is conducted. The overall citywide focal agency assigned to urge implementation is the Department of Finance.This decisive direction demonstrates the strong commitment of the Hai Phong government in accompanying businesses. The early realization of MOUs will not only bring billions of USD in investment capital and develop a synchronized transport infrastructure system, but also solidify Hai Phong's position as a leading modern industrial and logistics hub in the nation, strongly attracting multinational corporations in the 2026–2030 period.

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Hai Phong: Transparently Disclosing New Administrative Procedures in Seas, Islands, and Fisheries

Hai Phong: Transparently Disclosing New Administrative Procedures in Seas, Islands, and Fisheries

In a major push for administrative reform and enhanced state management efficiency, on June 10, 2026, the Hai Phong Department of Agriculture and Environment issued Document No. 6698/SNNMT-VP. This document publicly discloses the list of modified, supplemented, and abolished administrative procedures in key sectors, including seas and islands, fisheries, and fisheries resources surveillance. This action is a concrete step toward implementing Decision No. 2151/QD-UBND, issued by the Hai Phong City People's Committee on June 9, 2026. Efforts to Modernize and Clarify Administrative Information This disclosure is more than just a routine update of regulations; it represents the city's firm commitment to creating the most favorable conditions for citizens and businesses. The full content of the modified and supplemented procedures has been completely uploaded and made public on the official portal of the Department of Agriculture and Environment at:  https://sonnmt.haiphong.gov.vn/thu-tuc-hanh-chinh. Furthermore, the Department has requested that the City Public Administration Service Center, along with centers at the commune, ward, and special district levels, publicly post these lists at their headquarters. These centers are also tasked with providing guidance and processing results in strict accordance with the new regulations. The Department of Agriculture and Environment encourages all agencies, units, organizations, and individuals within the city to take note of and implement these changes. Detailed information and the latest application forms are now available at online public service portals and dossier reception points throughout the city. Notable Breakthroughs in the Seas and Islands Sector This update records significant changes in both implementation order and processing time for the seas and islands sector at both provincial and commune levels: At the Commune Level: The procedure for "Modifying or supplementing the Sea Area Allocation Decision for Vietnamese individuals for aquaculture" has been heavily streamlined. Notably, the appraisal period for dossiers has been slashed from 25 days to just 09 working days. This allows individuals involved in aquaculture to quickly stabilize their production when there are changes to their plans or the specific sea area used. At the Provincial Level: Several procedures involving large-scale investments have also seen time reductions. Specifically, the "Modification or supplementation of the Sea Area Allocation Decision" for organizations and individuals was reduced from 25 days to 20 days. The procedure for "Modifying or supplementing a Sea Dumping Permit" was also cut from 30 days to 18.5 days. International Cooperation: For foreign organizations and individuals conducting scientific research in Vietnamese waters, the processing time for modifying or supplementing permits was halved, dropping from 60 days to 30 days. These time reductions are coupled with strict requirements for electronic dossiers and interconnection through the Administrative Procedure Resolution Information System, ensuring accuracy and eliminating unnecessary trouble for applicants. Reforming Fisheries and Fisheries Resources Surveillance The fisheries sector has also seen major progress in simplifying business conditions and decentralizing management, following the Government's Resolution No. 66.19/2026/NQ-CP. Recognition of Aquatic Breeds: For facilities conducting aquatic breed trials, the time for evaluating and submitting results for recognition was shortened from 08 days to 05 working days. Feed and Environmental Treatment Products: The recognition procedure for trial results of aquatic feed and environmental treatment products for aquaculture was also reduced to 06 working days. Significantly, once approved, all results for aquatic breeds or environmental treatment products must be publicly announced on the electronic portal within 01 working day. Simultaneously, reports must be sent to the Ministry of Agriculture and Environment to ensure national management consistency. Commitment to Environmental Protection and Biosafety Despite the aggressive reduction in processing times, the new regulations maintain high standards for environmental protection. Organizations and individuals performing procedures related to sea area allocation or sea dumping must commit to full incident prevention measures, waste collection, and compliance with the Law on Environmental Protection. Trial outlines must clearly define disease resistance and evaluate the potential invasiveness of the trial species on native ecosystems. This public disclosure of administrative procedures by the Hai Phong Department of Agriculture and Environment is a testament to the ongoing effort to build a "service-oriented government". The reduction in processing times—ranging from 20% to over 60% in many key procedures—will provide a strong incentive for investors and fishermen to confidently pursue sustainable economic development at sea.  

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