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The project is worth nearly US$257 million and covers an area of 300 hectares in the northern district of Hanoi.

The development of the Hoa Lac Hi-tech Park and the Hanoi Southern Industrial Park (HANSSIP) will serve as two key driving forces to lead the capital’s industrial advances.

Hanoi's industrial and commercial sector has been focusing on green growth - a trend that catches investors' attention.

Local experts predicted the industrial segment would revitalize the real estate market in 2024.

Hanoi's manufacturers of recognized key industrial products in 2023 generated export sales of more than US$3.6 billion in 2022.

The repurposing of industrial heritage is seen as a resource if it is effectively exploited, unlocking its potential to honor cultural-historical values and generate economic value.

The fair enables companies to expand domestic and export networks.

Hanoi has focused on developing industrial products vital for rapid and sustainable growth.

Japan's contributions have helped Vietnam maintain a stable growth trajectory, driven by the far-reaching effects of FDI.

Consumers' preference for hot meat over cool-slaughtered pork is a prevailing habit, with an estimated 5% recognizing the food safety benefits associated with cool-slaughtered pork within the industrial chain.

The city remains committed to enhancing the investment climate to attract high-tech and supporting industry investments.

At present, the tally of Vietnam-Singapore Industrial Parks (VSIP) has reached 14, spanning 10 provinces and cities, boasting a combined investment of US$18.7 billion and generating employment for more than 300,000 individuals.

Hanoi has accumulated about US$69.844 billion in foreign direct investment, ranking second in the country.

The events are expected to be a catalyst for new partnerships and the promotion of product consumption.

The trade fair will run until May 19 in Hanoi.

The city would make policies to incentivize and facilitate the engagement of organizations and individuals in industry and trade in environmental compliance.