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Hanoi is expected to organize 60 major trade promotion events this year, including one-sixth abroad.

The work is expected to transform Thanh Oai into a bustling commercial hub in southern Hanoi.

The event will enable local businesses to promote their industrial products and encourage cooperation between companies inside and outside the industrial zones.

The Nam Phuc Tho Industrial Cluster will be a solution to the demand for production space.

Prime Minister Pham Minh Chinh welcomed the proposals, which are consistent with Vietnam’s green growth strategy.

New orders rose to an extent only exceeded during the opening month of data collection for the survey in March 2011.

The project will prioritize attracting investment in high-tech and clean industries, in line with Hanoi's new development orientation and the development direction of the industrial sectors in the Red River Delta.

The fair allows companies and rural industrial establishments to showcase scientific and technological advances, as well as industrial and craft products.

Industrial parks are crucial for attracting domestic and foreign investment projects, particularly leading global corporations.

Hanoi’s government has prepared and approved subdivision plans for the US$257-million industrial park in line with the law.

Firms are increasingly optimistic that the sector will move back into gear in the months ahead, and this confidence helped to drive accelerated job creation at the end of the first quarter.

There are currently 418 industrial parks in Vietnam, covering an area of about 89.2 thousand hectares, of which 298 are in operation and 120 are under construction.

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.