Hanoi works to attract investment in industrial parks

Hanoi has focused efforts on improving administrative procedures and business climate as well as priority mechanisms to develop industrial parks (IPs) and attract more investments in its IPs this year.

The city has set the target of attracting 15-20 new projects with total capital of US$250-300 million in local IPs in 2017, with priority given to those in the support industry, electronics, manufacturing and the production of high value added products.

To achieve the set target, the Hanoi Industrial and Export Processing Zones Authority (HIZA) is pushing forward with land clearance and infrastructure construction while urging licensed projects to accelerate capital disbursement.

According to the municipal Department of Industry and Trade, Hanoi has 19 industrial and high-tech parks with a total area of nearly 5,250 and over 3,000 hectares for 110 industrial clusters.

The municipal People’s Committee has just approved the building of four new industrial clusters, including a 63.6-ha area in Ninh Hiep (Gia Lam district) for the production of consumer goods, an 18.3-ha area in Duyen Thai (Thuong Tin district) for electric cable, steel and mechanical products, a 43.460ha area in Quat Dong 2 (Thuong Tin district) for garments, leather shoes, farm produce and high technology and a 59.32-ha area in Thanh Oai district for the development of clean industries.

The city’s Department of Industry and Trade proposed zoning off 119 industrial clusters from now to 2020.

The department also suggested exempting or reducing land use fees for enterprises investing in IP and industrial clusters along with subsidizing 100 percent of waste water treatment costs in IPs and industrial clusters.

In the first five months of 2017, Hanoi’s IPs attracted seven new projects with total registered capital of US$44.8 million. To date, IPs in the city are housing 628 projects, comprising 330 foreign direct investment projects worth US$5.34 billion and 298 domestic projects valued at VND12.9 trillion (US$567.3 million).

VNA

Other News

SBV raises short-term capital lending cap to 40%

SBV raises short-term capital lending cap to 40%

The new circular will help credit institutions have more room to provide capital to businesses and investment projects to support high economic growth in the next few years, while increasing flexibility in the SBV’s monetary policy management.

Business confidence in Vietnam rebounds strongly: UOB

Business confidence in Vietnam rebounds strongly: UOB

The study found that 85% of Vietnamese enterprises reported positive business sentiment, a sharp increase from 48% in 2025, when business confidence was weighed down by uncertainties surrounding US tariff policies and related trade developments.

Bac Ninh seeks high-quality foreign investment for sustainable growth

Bac Ninh seeks high-quality foreign investment for sustainable growth

According to Vice Chairman of the provincial People’s Committee Pham Van Thinh, the province aims to maintain stable and sustainable growth, improve the competitiveness of both the economy and local businesses, and make better use of free trade agreements (FTAs) to expand and diversify export markets.

Green building trend flourishes in Ho Chi Minh City's real estate landscape

Green building trend flourishes in Ho Chi Minh City's real estate landscape

The International Finance Corporation (IFC) highlighted the city's dominance in green-certified building floor space in Vietnam, reflecting the rapid expansion of the green building market with 780 completed green buildings encompassing over 18.69 million sq.m by 2025, predominantly certified by EDGE and LEED.

UK supports Vietnam in wind power and green finance development

UK supports Vietnam in wind power and green finance development

The United Kingdom officially announced two new climate cooperation initiatives to support Vietnam in its energy transition and green growth journey. These programs focus on offshore wind power development and the creation of a sustainable green financial ecosystem.

Ample room remains for Vietnam–India logistics cooperation

Ample room remains for Vietnam–India logistics cooperation

The GTTCI expert noted that alongside logistics and integrated warehousing, e-commerce is expected to be a particularly high-growth sector in the coming years. He described it as a multi-billion-dollar market with significant untapped opportunities for cooperation between Vietnam and India.

Exports gain momentum from high-tech growth drivers

Exports gain momentum from high-tech growth drivers

According to the Ministry of Industry and Trade, Vietnam’s exports reached 215.66 billion USD in the first five months of 2026, up 19.5% year-on-year. Twenty-six export items generated more than 1 billion USD in revenue each, including seven with turnover exceeding 10 billion USD.

Vietnam–China crossings see spike in ASEAN fresh produce

Vietnam–China crossings see spike in ASEAN fresh produce

Since the start of the summer harvest season, China's two major border gates with Vietnam, Youyi Guan in Pingxiang and Beilun 2 Bridge in Dongxing, have entered their peak period for handling imports of fresh agricultural and seafood products from member states of the Association of Southeast Asian Nations (ASEAN).

Cargo handling operations at Berths 3 and 4 of the Hai Phong International Gateway Port. (Photo: VNA)

AI reshapes logistics, raising bar for workforce skills

According to the Vietnam Logistics Business Association (VLA), the logistics sector will require around 2.2 million workers by 2030, including 1.6 million employees for logistics service providers and nearly 600,000 personnel supporting logistics operations in manufacturing and trading enterprises.

Robust dispute resolution framework key to Vietnam's IFC ambitions

Robust dispute resolution framework key to Vietnam's IFC ambitions

The development strategy for VIFC-HCMC envisions a comprehensive financial ecosystem encompassing green finance, carbon credits, financial technology (fintech), blockchain technology, digital assets, digital banking and other innovative business models. These highly internationalised sectors involve complex cross-border transactions and sophisticated legal structures.