Hanoi pledges continued support for Thang Long Industrial Park
The Management Board of High-Tech and Industrial Parks of Hanoi pledges to enhance its support for Thang Long Industrial Park and active investors to boost Hanoi's growth.
THE HANOI TIMES — The Management Board of High-Tech and Industrial Parks of Hanoi commits to supporting the Thang Long Industrial Park and its efforts toward sustainable development, said Director Vu Xuan Hung.
Vu Xuan Hung, Director of the Management Board of High-Tech and Industrial Parks of Hanoi (third from right) meets Kenta Kawanabe, General Director of Thang Long Industrial Park Co Ltd (third from left) on April 25. Photo: The Management Board of High-Tech and Industrial Parks of Hanoi
At a meeting on April 25 with Kenta Kawanabe, General Director of Thang Long Industrial Park Co Ltd, Hung praised the park’s achievements over the years in creating an efficient investment and business environment for both domestic and international investors.
He said that the industrial park has made significant contributions to Hanoi’s economic growth and job creation.
Hung expressed hope that Sumitomo Corporation and Thang Long Industrial Park Co Ltd will consider investing in new industrial zones planned across the city.
With their proven track record in industrial infrastructure development, Hung also encouraged the two companies to help promote Hoa Lac Hi-Tech Park and other industrial zones in Hanoi to Japanese and international investors, he said.
General Director Kenta Kawanabe thanked the Management Board of High-Tech and Industrial Parks of Hanoi for visiting the park earlier in April to meet with the investors.
The company’s mission is not only to provide industrial real estate infrastructure but also to act as a partner in building a comprehensive industrial ecosystem for businesses and investors, he said.
He reaffirmed the company’s commitment to helping existing tenants upgrade technology and expand operations, contributing further to Hanoi’s and Vietnam’s development.
With continued support from local authorities, the general director believed that the partnership between the two sides would grow even stronger and yield greater success in the future.
The Management Board of High-Tech and Industrial Parks of Hanoi was established in February 2025 through the merger of the Hoa Lac Hi-Tech Park Management Board and the Hanoi Industrial Parks Management Board.
Over the past 25 years, Hoa Lac Hi-Tech Park has attracted 110 projects with a combined investment of VND116.6 trillion (US$4.5 billion). Across Hanoi, 10 industrial parks are now home to 739 projects totaling US$9.3 billion in investment.
Of the 10 industrial parks, the Thang Long Industrial Park was established in February 1997 with an initial investment of $90 million.
The park houses several international investors, including Canon, Panasonic, TOTO, Yamaha, and Sumitomo.
