Hoa Lac park hoped to become IT, biotechnology start-up centre

The Government will issue a new decree on mechanisms for the Hoa Lac Hi-Tech Park, enabling it to play an extremely important role in enhancing the country’s science and technology capacity, Prime Minister Nguyen Xuan Phuc has said.

The PM and other Government and ministry officials visited the park on February 16.

Located in Thach That and Quoc Oai districts, Hanoi, on a land area of 1,586 hectares, the Hoa Lac Hi-Tech Park is expected to become a science city hosting investors in biotechnology, information – communication, new material technology, and automation.

Modern infrastructure is being built at the park using the State budget and the official development assistance (ODA) supported by the Japanese government.

According to the park’s management board, it has so far received 1,530 hectares of land out of the total 1,586 hectares. 

The park counts 78 valid investment projects, including nine foreign ones, with a total registered capital of over VND60 trillion (US$2.68 million), in the spheres of high technology, training, trade and services, and social infrastructure.

Thirty-six projects have been put into operation, involved by more than 10,000 people.

The total import-export turnover was estimated at over US$2.4 billion in 2016.

FPT is currently the biggest investor of the park with two projects: FPT Software Village and FPT University.

Prime Minister Nguyen Xuan Phuc visits a production facility of Vietnam Post and Telecommunication Industry Technology JSC at Hoa Lac Hi-Tech Park
Prime Minister Nguyen Xuan Phuc visits a production facility of Vietnam Post and Telecommunication Industry Technology JSC at Hoa Lac Hi-Tech Park

After touring several infrastructural facilities and investment projects, the PM noted the foremost task is to build a brand for the Hoa Lac Hi-Tech Park to draw investors.

He pointed out a raft of shortcomings facing the park, including few hi-tech projects in comparison with that in other industrial parks and snail-speed land clearance.

He asked the Park Management Board and the capital city of Hanoi to complete land clearance this year while entrusting the Ministry of Planning and Investment and the Ministry of Finance to report him a plan to supplement capital for land clearance and technical infrastructure construction at the park.

The PM tasked the Ministry of Science and Technology and the Management Board to coordinate with Hanoi authorities along with the Vietnam Chamber of Commerce and Industry, the Government Office, and the Ministry of Planning and Investment to promote investment in the coming time, while ensuring environmental protection and sustainable development.

Apart from infrastructure investment, it is necessary to select and draw knowledge-intensive manufacturing businesses to create high-quality and internationally-recognised products, he advised.

The government leader also suggested persuading domestic scientists to seek technical solutions for pilot production.

Once in six months, the PM or Deputy PM will visit the park to seek to remove difficulties arising during the process of implementing the project, he added.

He expressed his hope that the Hoa Lac Hi-Tech Park will become an information technology and biotechnology start-up centre in the country.

VNA

Other News

Amendments to Land Law aim to achieve three key goals

Amendments to Land Law aim to achieve three key goals

The Government has identified three major objectives: promptly institutionalising Party policies on land, private-sector development and national digital transformation; addressing urgent practical obstacles to unlock resources and support the goal of double-digit economic growth; and building a modern, streamlined and effective land management system through stronger decentralisation and administrative reform.

Draft laws must support management reform, stronger decentralisation: PM

Draft laws must support management reform, stronger decentralisation: PM

Participants looked into 11 draft laws and one draft resolution, including laws amending and supplementing several articles of laws on non-agricultural land use tax and corporate income tax; natural resources tax; securities; accounting and independent auditing; the Labour Code; and laws on archives, gender equality, Red Cross activities and employment.

Top Vietnamese leader's New Zealand visit draws media attention

Top Vietnamese leader's New Zealand visit draws media attention

Reports, articles and assessments published on August 12-13 highlighted that Vietnam-New Zealand relations are shifting strongly from high-level political commitments to concrete cooperation programmes, with a focus on trade, investment, education, agriculture, science and technology, defence and security, and climate change response.

Party General Secretary and President meets Vietnamese community in New Zealand

Party General Secretary and President meets Vietnamese community in New Zealand

General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President To Lam described overseas Vietnamese as “ambassadors” who help promote Vietnam's positive image internationally, and urged them to maintain solidarity, preserve national pride and cultural traditions, and make practical contributions to the country's development.

Vietnamese Party leader attends funeral service for top Lao legislator

Vietnamese Party leader attends funeral service for top Lao legislator

The Party leader stressed that the passing of NA President Xaysomphone is a great loss to the Lao Party, State and people, while Vietnam has also lost a great friend and a close, loyal comrade who had always held deep affection for the country, offered valuable support, and worked tirelessly to nurture and consolidate the Vietnam-Laos great friendship, special solidarity, comprehensive cooperation and strategic cohesion.

Singapore remains one of Vietnam's leading important partners: PM

Singapore remains one of Vietnam's leading important partners: PM

Highlighting positive outcomes in Vietnam-Singapore cooperation across all areas, particularly since bilateral ties were elevated to a Comprehensive Strategic Partnership in March 2025, Prime Minister Le Minh Hung proposed that the two sides maintain and step up high-level visits and exchanges at all levels.

Vietnam, Australia hold 8th Foreign Ministers' Meeting

Vietnam, Australia hold 8th Foreign Ministers' Meeting

Australia attaches great importance to its Comprehensive Strategic Partnership with Vietnam and highly values the substantive progress in bilateral relations, said Australian Minister for Foreign Affairs Penny Wong.

Quang Ninh, Bac Ninh urged to embrace modern urban governance

Quang Ninh, Bac Ninh urged to embrace modern urban governance

According to Government proposals submitted to the legislature, Quang Ninh and Bac Ninh cities will be formed based on the respective natural areas, populations and numbers of commune-level administrative units of the two provinces. Both proposals meet all five conditions stipulated in the Law on Organisation of Local Administration No. 72/2025/QH15 and all seven criteria for establishing centrally-run cities under Resolution No. 112/2025/UBTVQH15.

Laos holds State funeral for National Assembly President

Laos holds State funeral for National Assembly President

Xaysomphone Phomvihane was a capable revolutionary intellectual with broad knowledge and a strategic vision. Throughout his career, he remained committed to the Party's ideals and objectives, and demonstrated responsibility, flexibility and discipline in carrying out his assigned tasks.

Prime Minister receives outgoing Israeli Ambassador

Prime Minister receives outgoing Israeli Ambassador

Prime Minister Le Minh Hung asked the Israeli Government to continue creating favourable conditions for Vietnamese people living, studying and working in Israel at a meeting with outgoing Israeli Ambassador to Vietnam Yaron Mayer in Hanoi on August 12.