Industrial zone

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

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

The latest news about Vietnam and Hanoi is updated as follows.

Hanoi continues to promote the attraction of foreign investment capital for socio-economic development.

Vietnam is considered an attractive investment destination and a dynamic, open economy with a high growth rate in the world.

It is imperative to keep an eye on international competition in industrial property and logistics, as the sector is booming worldwide.

The construction of eco-industrial parks is considered a solution for Vietnam to reduce waste and promote sustainable growth

The industrial park will prioritize both high-tech tenants and labor-intensive industries such as apparel and footwear.

USAID commits an additional $36 million over the next five years.

The industrial parks are expected to benefit from the expansion wave of foreign-invested enterprises in Vietnam.

Foreign investors will likely expand their scales in new industrial zones in the south this year.

The new project is considered as an important imprint in the drive of attracting investment into the Thai Binh Economic Zone.

This resulted in a total of 9,853 foreign-invested projects in the country’s industrial parks and economic zones with total registered capital of US$197.8 billion to date.

The coronavirus outbreak will certainly have an effect on the global economy in the coming months. Vietnam, with its proximity and close trade and supply relationships with China, is no exception.

Hanoi has a total of 70 operational industrial clusters and parks in 17 districts, covering an area of 1,686 hectares.

Vietnam is one of the most attractive destinations for the industrial sector in Southeast Asia and JLL expects that the trend will continue in the second half of 2019 and interest from foreign investors in Vietnam will remain strong.