RESEARCH ON THE INFLUENCE OF THE PORT CITY ECONOMIC FACTORS ON THE THROUGHPUT OF HAI PHONG SEAPORT

Abstract

Hai Phong Port is the largest general port in the North, an international gate to Vietnam with a long tradition associated with the development of the city and the region. In recent years, Hai Phong‘s seaport throughput has grown strongly, accounting for 13% of Vietnam's total throughput (Vietnam Maritime Administration). Playing a key role in this achievement must be the role of the city's economic factors that provide resources and great advantages for the growth in Hai Phong’s seaport throughput. This study aims to investigate the impact of Hai Phong’s economic factors on Hai Phong’s seaport throughput using the error correction vector model (VECM). The results indicate that Gross regional Domestic Product (GRDP), Foreign Direct Investment (FDI) and Import-Export Turnover have positive impact on Hai Phong’s seaport throughput. This study’s findings contribute significantly to both the academic and practical aspects of studying the relationship between port cities and seaports.