Hanoi moves to attract more investment in IPs, EPZs
Industrial parks (IPs) in Hanoi had attracted 303 foreign direct investment projects worth nearly 6.1 billion USSD and 399 domestic projects with total registered capital of almost 18 trillion VND (788 million USD) by the beginning of December last year.
Hanoi (VNA) – Industrial parks (IPs) inHanoi had attracted 303 foreign direct investment projects worth nearly 6.1 billion USD and 399 domestic projects withtotal registered capital of almost 18 trillion VND (788 million USD) by the beginning ofDecember last year.
According to the Hanoi Industrial and Export Processing Zones (EPZ) Authority (HIZA), the capital city is now home to 10 operating IPs, covering atotal area of over 1,347 ha. Nine of them have an occupancy rate of nearly 100 percent.
Despite complicated developments of the COVID-19 pandemic, the city's IPs and EPZs lured nearly 40.7 million USD invested in seven new projects and an additional 198 million USD poured into 23 existing projects in 2021.
HIZA Director Le Quang Long said in 2022, the authority willcontinue to focus on accelerating administrative reform and improving the investmentand business environment, thus making it easier for businesses to operate and investin the city./.
Hanoi is going step by step to completely resume tourism activities in 2022 with the aim of welcoming 9 – 10 million tourists, including around 2 million foreigners, according to the municipal People’s Committee.
Hanoi plans to expand new tourism products based on the potential of each area, in a bid to gradually resume all tourism activities this year in an important step to develop the tourism sector sustainably after the pandemic.
Hanoi's authorities are trying to plant more trees in the city, especially in urban areas, in an effort to improve the environment and reduce air pollution.
Hanoi and France’s Ile-de-France region have signed a joint action programme for 2022 – 2025 at a virtual meeting of their joint committee for bilateral cooperation.
The Hanoi Party Committee has agreed on a roadmap to reopen kindergartens from March 1, Vice Chairman of the Hanoi People’s Committee Chu Xuan Dung said during a virtual meeting with district-level steering boards on COVID-19 prevention and control of the capital city on February 17.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
An industrial park in Hanoi (Photo: VNA) 
