14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

Four million-dollar projects land in Hoa Lac Hi-tech Park this year

Ha An

Nov 25, 2019 / 08:37 AM

The Hoa Lac Hi-tech Park is currently home to 91 projects which have combined investment approvals of over VND85.8 trillion (nearly US$3.7 billion).

Four projects worth a combined VND7.46 trillion (US$320.5 million) in the fields of high-tech equipment manufacturing, smart electronics, pharmaceuticals, and radiation-resistant plastics, will be carried out in the Hoa Lac Hi-tech Park.

The software village in Hoa Lac Hi-Tech Park of Hanoi - Photo: VNA

Accordingly, Viettel Group will start the construction of a complex of high-tech industrial production on an area of 9.1 hectares. The complex will become a center for testing and manufacturing hi-tech equipment of the group.

The giant telecom carrier will also build the Viettel Research and Development Center on an area of 13.2 hectares, which is planned to be an incubator for key projects, manufacturing defense equipment, electronic and mobile carrier gadgets and network infrastructure including 5G (the fifth generation of cellular network technology) and IoT (the Internet of Things), among others.

Viettel will support and collaborate with the management board of the park to develop applications for smart city in environment management, urban lighting, smart parking lot, traffic management, security supervision, among others.

The second project is a smart electronics manufacturing plant, which is built by Vinsmart, a branch of the tech and real estate conglomerate Vingroup. The first phase of the plant will be built in an area of 4.8 hectares.

The other two projects are of Meadiplantec in the field of pharmaceutical production and Phenikaa Group for heat-resistant polyester resins manufacturing.

The Hoa Lac Hi-tech Park is currently home to 91 projects which have a combined registered investment of over VND85.8 trillion (nearly US$3.7 billion). Of the figures, there are 45 projects in the fields of training, researching, manufacturing and processing of software, high-tech products of information technology, biotechnology, new material, automation and projects on development of technical and social infrastructures.

Hoa Lac hi-tech park attracts US$700 million investment

31 Jan, 13:26

The Hanoi Times - The Hoa Lac Hi-Tech Park has so far licensed 32 projects with a total registered capital of around US$700 million. The Hoa Lac Hi-Tech Park is a joint venture between Japan and Vietnam. The agreement on the Hoa Lac Hi-Tech Park was in furtherance of the Vietnam-Japan joint statement signed by the two Governments on October 19, 2006. When completed, the park, which will be divided into four zones: Research and Development, Hi-tech Industry, Software Park and Education and Training, is expected to house universities and many plants that produce high-tech equipment like electronic and semi-conducting products, telecommunication, digital technology, and bio-technology. According to its management board, the park licensed 8 projects worth US$275.4 million in 2008 and is now discussing with investors on 27 other potential projects with a combined capital of some US$2.5 billion.

Hoa Lac hi-tech park give licences to 31 projects

10 Nov, 16:00

The Hanoi Times - The Hoa Lac Hi-Tech Park has granted investment licences to 31 projects with a total registered capital of almost 690 million USD. These projects will occupy over 100 hectares in which half of land in the park which has a total area of 1,586 hectares under a master plan approved by the government in May this year . The Hoa Lac Hi-Tech Park is a joint venture between Japan and Viet Nam , with Japanese partners responsible for the project’s planning scheme and work on calling businesses to invest in the park. The agreement on the Hoa Lac Hi-Tech Park was in furtherance of the Viet Nam-Japan joint statement signed by the two Government leaders on Oct. 19, 2006. When completed, the park, which will be divided into four zones: Research and Development, Hi-tech Industry, Software Park and Education and Training, is expected to house universities and many plants that produce high-tech equipment like electronic and semi-conducting products, telecommunication, digital technology, and bio-technology

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