Vietnam: Second tier City Market Report Hai Phong

Hai Phong is Vietnam’s third largest city with a rising population of over 2 million. Notably, it is the largest port city in northern Vietnam, containing three main terminals within the Hai Phong port hub. It is an enticing city ripe with opportunities for economic growth due to its proximity to the capital city of Hanoi, bilateral trade partners such as China, and popular tourist destinations such as Cat Ba Island. Due to the Government of Vietnam and foreign investors’ continuous support of the city’s expansion, Post suggests that U.S. exporters build awareness on their products’ export potential within Hai Phong’s flourishing retail goods and food service industry.