Part of Hai Phong port (Photo:VNA)
Hai Phong (VNA) – The northern city of Hai Phong strives to lead other localities in the development of the sea-based economy.

The target was made during a conference held on July 18-19 by the municipal Party Committee to study the resolution adopted by the 12 th Party Congress.

The city will also focus on developing and expanding industrial parks (IPs) that were approved by the Prime Minister as well as accelerating the building of infrastructure, especially in the project of Dinh Vu-Cat Hai Economic Zone.

Hai Phong will continue developing agriculture and fishery in line with new-style rural building and strengthening connectivity between the city and other economic centres in the region.

In the first half of this year, the city’s gross regional domestic (GRDP) growth hit 10.63 percent, the highest rate since 2010.

Hai Phong holds its position among the country’s top performers in foreign direct investment (FDI) attraction with 31 newly-registered and capital adjusted projects valued at more than 1.74 billion USD in the first five months of the year.

The city is housing more than 450 valid FDI projects with a total registered capital of over 12 billion USD.-VNA