Economy
Hai Phong is northern Vietnam's second largest industrial centre. It's GDP accounted for 11.8 of the Red River Delta in 2007, second only to Hanoi. It is a significant producer of rice and has the Red River Delta's fourth largest fishing sector. Its industrial sector is the second largest in the region (10.6% of regional industrial GDP) and slightly ahead of Vinh Phuc province (2007). Hai Phong is northern Vietnam's major port city. As a result, it has a large service sector and is important for the region's trade, with export of US$1.26bn and imports of US$1.55bn in 2007.
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“Everyone is always in favour of general economy and particular expenditure.”
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