Hai Phong, July 16 -- Authorities in Hai Phong have granted investment licences and signed memoranda of understanding worth over 15 billion USD, reflecting the northern port city's growing appeal as a dynamic investment destination.

Confidence from major investors

LG Display Vietnam Hai Phong remains one of the city's most prominent foreign investors. Since launching its first project in 2016 with 1.5 billion USD in capital, the company has expanded significantly, with total investment now exceeding 10 billion USD.

General Director Choi In Kwan credited Hai Phong's strong and consistent support, especially during challenges such as natural disasters and pandemics, along with its skilled workforce, modern infrastructure, and strategic l...