Amid Viet Nam’s strong shift from attracting investment by quantity to selecting and guiding capital flows based on quality, on January 15, 2026, CEO Group officially broke ground on the Tien Lang Airport Industrial Park – Zone B (CEOZone Hai Phong) project in Chan Hung Commune, Hai Phong City. This is one of the first projects to be implemented within the Hai Phong Free Trade Zone (FTZ), marking a significant step in translating a new institutional framework into concrete developments and on-the-ground projects.

The groundbreaking ceremony was attended by leaders of the Hai Phong Party Committee, the People’s Council and the People’s Committee of Hai Phong City; representatives of departments and agencies; the Hai Phong Economic Zone Authority; the Chan Hung local authorities; local residents; as well as representatives of CEO Group, the credit sponsor Agribank, partners, contractors, suppliers, and central and local media agencies.

Overview of the Groundbreaking Ceremony for the Tien Lang Airport Industrial Park – Zone B Project (CEOZone Hai Phong)

Hai Phong and the Free Trade Zone: A New Institutional Space for Quality Growth

Hai Phong is widely recognized as one of the most attractive investment destinations in Viet Nam today, not because of a single advantage, but due to the simultaneous convergence of multiple systemic strengths. As the main maritime gateway of the Northern Key Economic Region, Hai Phong plays a pivotal role in trade and connectivity, not only for the northern region but for the entire country.

With ample development space, well-invested and synchronized infrastructure, and as one of the few localities possessing all five modes of transportation—road, rail, inland waterways, maritime, and aviation—Hai Phong has firmly established itself as the largest industrial hub in northern Viet Nam. The city has become a preferred destination for high-quality FDI inflows, supported by a large, clean industrial land bank and an increasingly skilled workforce.

Beyond its rapid growth, maintaining double-digit economic growth rates for many consecutive years, Hai Phong has also demonstrated outstanding governance quality, consistently ranking among the top nationwide in key investment climate and governance indices such as PCI, PAR Index, SIPAS, and the Provincial Green Index.

Notably, the leadership of Hai Phong City has demonstrated a strategic vision closely aligned with practical implementation, showing strong commitment and decisive direction in accompanying and providing timely support to the business community.

Perspective of the Tien Lang Airport Industrial Park – Zone B Project (CEOZone Hai Phong)

It is precisely this foundation that has enabled the Hai Phong Free Trade Zone to take shape as a new institutional space, where Viet Nam is piloting a development model based on the quality of capital flows, technological content, value chains, and innovation, instead of the traditional cost-driven approach. The FTZ is oriented toward an operating environment aligned with international standards, featuring streamlined procedures, automated customs, long-term tax incentives, favorable mechanisms for international experts, and strong policy support for R&D, high technology, and clean manufacturing.

CEO Group’s Strategic Move and the Distinctiveness of CEOZone Hai Phong

With 25 years of formation and development, CEO Group is entering a phase of strategic repositioning, aiming to build a billion-dollar market capitalization enterprise and a “happy enterprise,” where economic growth goes hand in hand with social responsibility, sustainable development, and quality of life. Within this strategy, the development of next-generation industrial park infrastructure has been identified as a long-term growth pillar, alongside Real Estate, Construction, and Services. CEOZone Hai Phong serves as the first project in the Group’s strategy to develop 500–1,000 hectares of next-generation industrial parks in the coming period.

The project covers an area of 186.49 hectares with a total investment of nearly VND 2,800 billion, invested by C.E.O Industrial Park Development Joint Stock Company (CEO IP). It is oriented toward the next-generation industrial park model: Green – Smart – Sustainable. Holding a “backbone” position within the northern Viet Nam industrial–logistics network, the project is located along the Ninh Binh – Hung Yen – Hai Phong – Quang Ninh coastal expressway, close to the Nam Do Son deep-water seaport and adjacent to Tien Lang international airport (under planning), creating rare multimodal connectivity advantages.

Notably, being fully located within the Southern Hai Phong Economic Zone and the Hai Phong Free Trade Zone allows CEOZone Hai Phong to benefit from a “dual advantage” in both infrastructure and institutional frameworks. Incentives related to procedures, taxation, customs, expert attraction, and R&D promotion make the project an attractive destination for high-tech, low-emission, high value-added investors amid the ongoing restructuring of global supply chains.

Chairman Doan Van Binh delivers a speech at the Groundbreaking Ceremony of the Tien Lang Airport Industrial Park – Zone B Project (CEOZone Hai Phong)

Speaking at the ceremony, Dr. Doan Van Binh, Chairman of the Board of Directors of CEO Group, emphasized:
“When fully operational, CEOZone Hai Phong is expected to attract approximately USD 1.5 billion in secondary investment capital, create around 20,000 jobs for local workers, increase budget revenues, and promote the development of the urban – services – logistics ecosystem in the southern area of the port city, thereby making a substantial contribution to the socio-economic development of Hai Phong.”

Vice Chairman of the Hai Phong People’s Committee Le Trung Kien affirmed:
“The Tien Lang Airport Industrial Park – Zone B plays an important role in the city’s industrial and logistics development strategy. Hai Phong City is committed to accompanying the project and creating the most favorable conditions to ensure it is implemented on schedule, efficiently, and put into operation as soon as possible.”

The groundbreaking of CEOZone Hai Phong therefore represents not only a milestone for CEO Group, but also reflects a significant shift in Hai Phong’s industrial development mindset—from extensive growth toward the selective attraction, guidance, and upgrading of investment capital quality. From a coastal area rich in potential, Tien Lang is gradually emerging as a new link in the global industrial–logistics value chain, with CEOZone Hai Phong serving as a declaration of a new growth model: quality-driven, sustainable, and responsible toward the future.