Thuy Nguyen Attracts Infrastructure and Real Estate Investment
Translated from Vietnamese, summarized and contextualized by DistantNews.
TLDR
- Hai Phong's GRDP grew by 11.81% in 2025, ranking second nationally, with a target of 13% for 2026 and aiming to attract $3.8-4.3 billion in FDI.
- The city is developing Thuy Nguyen as a new administrative and political center, aiming to become the third-largest coastal megacity in Vietnam.
- Key infrastructure projects, including the Nguyen Trai Bridge (costing approximately 6,200 billion VND), are enhancing connectivity between the city center and Thuy Nguyen.
Hai Phong is demonstrating remarkable economic dynamism, positioning itself as a crucial growth engine within Vietnam's northern economic triangle. The city's impressive GRDP growth of 11.81% in 2025, placing it second nationally, underscores its robust economic performance. With ambitious targets for 2026 GRDP growth at 13% and a significant push to attract between $3.8 to $4.3 billion in FDI, Hai Phong is clearly accelerating its development trajectory.
The city's strategic vision extends to its urban planning, with a focus on establishing Thuy Nguyen as a new administrative and political heart. This move is not merely an expansion of the city's boundaries but a calculated strategy to create long-term development potential and manage the pressures of rapid urbanization on the existing inner city. The projected population of 4.6 million post-merger further solidifies Hai Phong's aspiration to become Vietnam's third-largest coastal megacity.
A critical catalyst for this transformation is the ongoing investment in transportation infrastructure. The Nguyen Trai Bridge, a VND 6,200 billion project, is set to dramatically improve connectivity between the existing city center and the burgeoning Thuy Nguyen district, reducing travel time to a mere 10-15 minutes. Coupled with the operational Hoang Van Thu Bridge and other developing routes, these projects are creating a seamless and integrated transportation network. It is within this context of significant infrastructural development and strategic urban planning that projects like Sol Garden are poised to capitalize on the immense growth potential of Hai Phong.
Originally published by Tuแปi Trแบป in Vietnamese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.