Hai Phong prepares for the APEC Business Advisory Council (ABAC 3) Session

Mai Chi |

Hai Phong - The 2025 investment promotion conference at the 3rd APEC (ABAC 3) was organized by Hai Phong from 15-18.

On July 14, at the press conference to inform about the 2025 Investment Promotion Conference at the 3rd Session of the APEC Business Advisory Council (ABAC 3), the Organizing Committee informed that Hai Phong is expected to award investment certificates to 32 projects and 7 memorandums of understanding, with a total committed capital of more than 15.6 billion USD.

With the theme "Hai Phong - a strategic destination for the new era", the event was held at 2 locations: the City Conference and Exhibition Center (Bac Song Cam New Urban Area) and Pullman Hotel.

Trung tam Hoi nghi - Bieu dien TP Hai Phong, noi dien ra cac su kien cua Ky hop ABAC 3 va Hoi nghi xuc tien dau tu. Anh: Dam Thanh
Hai Phong City Conference - Exhibition Center, where events of the ABAC 3 Session and Investment Promotion Conference took place. Photo: Dam Thanh

Ms. Nguyen Thi Bich Dung, Deputy Head of the Hai Phong Economic Zone Management Board, said: The ABAC 3 session in Hai Phong gathered more than 1,000 delegates who are leaders of the Party, State; central ministries, branches; city. Including about 250 international delegates, including ABAC members from 21 APEC economies, leaders of multinational corporations, financial institutions, research and innovation centers and international organizations; Ambassadors from leading economies such as the United States, Germany, South Korea, Singapore, Japan, etc.

Mr. Nguyen Quang Phuc, Head of the Propaganda and Mass Mobilization Department of Hai Phong City affirmed: For Hai Phong City, this is an opportunity to promote the investment environment, economic potential and policies to encourage investment and business to APEC economies, at the same time, the event introduces the tourism and cultural potential of Hai Phong City to the leading business community in the region and the world.

One of the highlights of the ABAC 3 sideline activities is the 2025 Hai Phong City Investment Promotion Conference with the theme "Hai Phong - Strategic Destination of the New Era". Mr. Le Trung Kien, Head of the Hai Phong Economic Zone Management Board - the unit assigned to chair the Investment Promotion Conference - said: "The Hai Phong Investment Promotion Conference 2025 promises great successes and efficiency. As planned, at the conference, Hai Phong will award investment registration certificates and sign memorandums of understanding on investment cooperation with many domestic and international leading enterprises and corporations, with many large-scale projects that are meaningful, playing a driving role, especially important in Hai Phong's development with a total registered capital of more than 15.6 billion USD (32 projects and 7 memorandums of understanding)".

Truong Ban quan ly Khu Kinh te Hai Phong thong tin tai cuoc hop. Anh: Cong TTDT Hai Phong
The Head of the Hai Phong Economic Zone Management Board informed at the meeting. Photo: Hai Phong Portal

This is the largest investment promotion conference in Hai Phong to date. In particular, high-quality investors, multinational corporations, large corporations of economies around the world to attract investment in the fields of high-tech manufacturing, clean technology, such as chip manufacturing, semiconductors, information technology, digital technology. These projects are expected to create widespread impacts, shaping the city's economic future" - Mr. Le Trung Kien said.

According to Mr. Kien, this is also an opportunity to promote Hai Phong's outstanding investment potential. The introduction of a favorable investment environment and preferential policies of the city has impressed and attracted the attention of the APEC business community. At the same time, introduce key projects and development orientations calling for investment in the city such as developing a modern seaport system, modern logistics, building a Southern Coastal Economic Zone (scale of about 20,000 hectares with a high-tech industrial orientation, modern logistics, smart cities, eco-tourism; New-generation Free Trade Zone...) and promote sustainable green industry.

The event also created a forum for meetings and sharing between international enterprises (especially ABAC delegates) and Vietnamese enterprises; strengthening network connections, establishing partnerships, and expanding markets for local enterprises. At the same time, it affirms Hai Phong's position as a dynamic key marine economic center and a leading ideal destination, ready to accompany investors.

Within the framework of ABAC 3 conference and Investment Promotion Conference, Hai Phong organized for delegates to visit some typical economic models of the city such as DEEP C Industrial Park, Nam Dinh Vu, Trang Due; Lach Huyen Port; LG Display Company; Chu Dau Ceramic; Cat Ba archipelago; ABAC Golf exchange... At the same time, organized exhibition booths introducing planning, economic and cultural potential of Hai Phong at the two locations of the above event.

Mai Chi
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