As a strategic province, in recent years, Hai Duong has continuously gained many outstanding achievements in socio-economic development, becoming a bright spot of the Red River Delta and the Northern economic region.
Hai Duong is located on the economic corridor of Lao Cai – Hanoi – Hai Phong – Quang Ninh and adjacent to the coastal economic belt of Gulf of Tonkin. The province has great advantages in exchanging and trading with Hanoi, Hai Phong, Quang Ninh and neighboring provinces such as Bac Giang, Bac Ninh, Thai Binh and Hung Yen.
There have been a number of large enterprises investing in Hai Duong, developing electronic assemblies, manufacturing mechanical components, electric cables, environmentally friendly products such as Ford Vietnam. Huyndai Kefico, An Phat Bioplastics,… Besides, many other global corporations have also set up factories/ offices in neighboring provinces such as Samsung, LG, Foxconn… with large and diverse demands for materials, components and spare parts.
Therefore, Hai Duong is considered as a potential investment destination to develop supporting industries and environmentally friendly products towards modernization and an important link in the supply chain of multinational corporations in the future.