Hanoi’s hi-tech and industrial parks are emerging as key drivers of the capital’s economic transformation, attracting high-value investment, advancing innovation and strengthening supply chains as the city sets its sights on becoming a leading regional technology and manufacturing hub.
Hanoi topped foreign direct investment (FDI) attraction in the first half of this year driven by strong infrastructure, skilled labor, administrative reforms, and active investment promotion.
![[Infographic] Hanoi Provincial Competitiveness Index 2024 performance](https://cdn-media.hanoitimes.vn/resources2025/1/users/97/infographic/thumbnail-hanoi-pci-2024-1747447903.png?w=480&h=320&q=100)
Hanoi’s performance in the 2024 Provincial Competitiveness Index (PCI) improved, climbing four spots with gains in market access, policy support, and legal institutions.
Hanoi ranks among the country's top foreign direct investment (FDI) destinations.
Volunteers and local authorities coordinate food distribution, ensuring comfort and hospitality for thousands attending Hanoi’s grand parade.
![[Infographic] Vietnam after provincial mergers](https://cdn-media.hanoitimes.vn/resources2025/1/users/60/screenshot-2025-06-12-162049-1749720079.png?w=480&h=320&q=100)
The National Assembly's resolution on provincial mergings passed on June 12 will help Vietnam reduce the number of provincial-level administrative units by 46%, bringing the total from 63 down to 34, including six centrally governed cities and 28 provinces.
