With its strategic location, well-developed infrastructure, and expanding industrial zones, Hải Phòng is emerging as an attractive destination for foreign direct investment (FDI), driving growth in the local real estate market.
Strong FDI Inflows Boosting Growth
Hải Phòng is one of Vietnam’s key economic centers, consistently maintaining double-digit GRDP growth for over a decade. In just the first month of 2024, the city attracted nearly $4 billion in investments, with 5 out of 11 projects funded by foreign investors, mainly in household manufacturing, welding industries, and real estate.
According to the Ministry of Planning and Investment, Hải Phòng ranked second in Vietnam for FDI attraction in 2024, with a total registered capital of over $4.94 billion—accounting for 12.9% of the country’s total FDI and marking a 42.4% increase from 2023.
The Hải Phòng Economic Zone Authority attributes this success to the city's strategic position as the gateway for trade in Northern Vietnam, offering a multimodal transportation system. To date, Hải Phòng has drawn over 1,000 FDI projects from 42 countries and territories, with a total investment of $33.6 billion, contributing 86% to the city's export value.
Major global corporations such as LG, Pegatron, USI, and Bridgestone have chosen Hải Phòng as an investment hub. Many large-scale projects continue to expand, including LG’s additional $1 billion investment, Heesung’s $125 million expansion, and DEEP C Industrial Park’s additional $169 million capital injection.
Alongside industrial development, the real estate sector is also seeing significant interest from major corporations, including N.H.O, Văn Phú Invest, Masterise Homes, Vinhomes, and more recently, Gamuda Land.
Infrastructure Development Driving Growth
Beyond strong FDI inflows, Hải Phòng benefits from a rapidly improving transportation infrastructure. Notably, in late November 2024, the city announced plans for the construction of a second cross-sea bridge, expected to further boost economic growth and the real estate market.
Urban planning expert Lê Tấn Kỳ noted that Hải Phòng is an attractive investment destination due to its diverse economic landscape, encompassing heavy industry, high-tech manufacturing, tourism, and logistics. This diversity provides a strong foundation for sustainable development and long-term urban planning.
Economic growth has also influenced the residential and investment preferences of the local population. A representative from N.H.O stated that rather than seeking opportunities in larger cities, many people are choosing to return, settle, and build their careers in Hải Phòng. Specifically, young professionals, high-income individuals, and those with a modern lifestyle are increasingly opting for high-end apartments that cater to their professional and personal development needs. This trend has driven the launch of projects like Gem Park.
Gem Park – A Modern Living Space in the Heart of the Port City
Developed by a team of South Korean experts, Gem Park features contemporary architecture and over 50 premium amenities. Among its highlights is a 5,000 m² indoor facility providing shopping, entertainment, and fitness options. A 10,000 m² park with a variety of lush greenery, situated near the Cấm and Rế Rivers, offers residents a fresh, airy, and nature-integrated living environment.
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| GEM Park project |
Additionally, Gem Park boasts a prime location—just 5 to 10 minutes from key administrative offices and adjacent to major industrial zones, ensuring convenient commuting for residents. With these advantages, the project is poised to be the ideal choice for long-term investors and future homeowners.