Want to be in the loop?
subscribe to
our notification
Business News
HANOI’S HIGH-TECH PARKS, INDUSTRIAL ZONES SEEN GENERATING OVER US$12 BILLION IN 2025
An industrial zone in Hanoi – PHOTO: VNA
HCMC – Revenue from Hanoi City’s high-tech parks and industrial zones is expected to reach about US$12.14 billion in 2025, reported the Vietnam News Agency.
Budget contributions are projected at US$450 million, while exports are forecast at US$7.42 billion.
The figures were announced at a dialogue conference held at the National Innovation Center in the Hoa Lac High-Tech Park on December 24. The event was organized by the Hanoi Management Board of High-Tech Parks and Industrial Zones.
Vu Xuan Hung, a representative of the management board, said the meeting aimed to create a direct channel between authorities and businesses to address obstacles in investment, production and operations.
He said the city seeks to improve coordination among agencies, shorten administrative procedures and improve the investment and business environment.
In 2025, high-tech parks and industrial zones are expected to contribute about 19.12% of Hanoi’s gross regional domestic product, estimated at US$63.5 billion.
Investment inflows into these zones are expected to reach about US$660 million, exceeding the annual target by 24.5%, according to the management board.
At the conference, businesses raised concerns over administrative procedures, infrastructure inside and outside industrial zones, electricity, water and telecommunications supply, environmental compliance, fire prevention, logistics, labour, housing, social services and import-export procedures.
The management board said it addressed issues within its authority and would coordinate with relevant departments and local governments to resolve remaining problems within set timelines.
Authorities also briefed participants on newly issued policies, including incentives to attract high-tech workers, measures to promote innovation, updates on tax and accounting regulations, and urban development projects in the Hoa Lac area.
Hanoi’s high-tech parks and industrial zones currently employ more than 180,000 workers. Authorities said they would continue efforts to ensure security, social welfare and workforce training to support stable operations.
Source: The Saigon Times
Related News
VIETNAM ECONOMY INVESTMENT
HCMC: ‘5+1’ MODEL AIMS TO LIFT SERVICES TO 75% OF GRDP BY 2040
High-value services are set to account for 70-75% of HCMC’s gross regional domestic product (GRDP) by 2040 under a “5+1” development model centered on the Vietnam International Financial Center in HCMC (VIFC-HCMC). The target is outlined in a recently issued plan by the HCMC government to turn the city into a major services hub for Vietnam and the region, with a focus on high-value, modern industries. The plan aims to reshape the economy toward a more efficient and sustainable structure.
PROPERTY / INDUSTRIAL ZONE
HCMC PROPOSES NO MARKUP ON OFFICIAL LAND PRICES
HCMC’s Department of Natural Resources and Environment has proposed setting the land price adjustment coefficient, known as the K factor, at 1 for households and businesses, meaning land-use fees and rents would be calculated directly from the official land price table without any upward adjustment. The proposal, included in the third draft regulation submitted by the department to the land price appraisal council, is intended to ease financial burdens on residents and businesses while supporting a recovery in the real estate market.
PROPERTY / INDUSTRIAL ZONE
TOURISM AND INFRASTRUCTURE FUEL VIETNAM'S REAL ESTATE GROWTH
According to Chung, 2026 is considered a pivotal year as the Vietnamese economy enters a new development phase with a series of new policies on socioeconomic development, planning, and infrastructure investment. Against the backdrop, the real estate market is facing significant opportunities to enter a new development cycle.
VIETNAM ECONOMY INVESTMENT
ĐẮK LẮK LAUNCHES THREE MANUFACTURING PROJECTS WORTH US$30 MILLION
Đắk Lắk Province has broken ground on three new industrial projects at Hòa Hiệp 1 Industrial Park with a combined investment of nearly VNĐ790 billion (US$30.2 million). The projects are the Agrilong–Green World Fertiliser Plant, the Bá Hải Canned Food Processing Plant, and the Kotinochi Phú Yên Semi-Trailer and Spare Parts Manufacturing Plant. The investors are Hoang Long Vina JSC, Ba Hai JSC, and Kotinochi JSC, respectively.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
SMART ENERGY INFRASTRUCTURE CRITICAL FOR GREEN GROWTH
Developing smart energy infrastructure will be critical for Việt Nam to achieve its green growth ambitions, as the global energy transition has entered a new phase that requires more flexible, resilient and digitally enabled energy systems. At the Smart Energy Infrastructure Development Forum in Hà Nội, experts said that countries must move beyond simply expanding renewable power generation and focus on building smarter energy systems.
VIETNAM ECONOMY INVESTMENT
QUẢNG NINH ADJUSTS GRDP GROWTH TARGETS FOR EACH QUARTER
The northern province of Quảng Ninh posted broad-based socio-economic expansion in the first half and is pushing to deliver full-year gross regional domestic product (GRDP) growth above 13 per cent, an all-time high. To achieve more than VNĐ100 trillion (US$3.7 billion) in state budget revenue this year, the provincial People's Committee has set a target of 13.21 per cent GRDP growth, with quarterly growth projected at 12.58 per cent in the second quarter, 15.48 per cent in the third and 14.86 per cent in the fourth.
Events Sponsors
