Conference to help foster investment, development cooperation in Hanoi
A conference promoting investment and development cooperation in Hanoi is scheduled to take place on June 27, with the aim of popularising the capital city as a safe and attractive destination for investors.
Secretary of the Hanoi Party Committee Vuong Dinh Hue (standing) speaks at the meeting on June 22 (Photo: hanoimoi.com.vn)
Hanoi (VNA) – A conference promoting investment anddevelopment cooperation in Hanoi is scheduled to take place on June 27, withthe aim of popularising the capital city as a safe and attractive destinationfor investors.
At a meeting held on June 22 to reviewpreparations for the conference, Director of the Hanoi Promotion Agency NguyenGia Phuong said nearly 10 provinces and centrally-run cities, along with 540businesses, including 120 foreign firms, have confirmed their participation inthe upcoming event, entitled “Hanoi 2020 – Investment and DevelopmentCooperation”.
Via this conference, the city will show itsdetermination to take the lead in post-COVID-19 economic recovery anddevelopment. The event is also expected to help press on with administrativereforms, business climate improvement and introduction of the potential andinvestment opportunities in the city and other localities in the Hanoi CapitalRegion.
According to the municipal Department ofPlanning and Investment, the Hanoi People’s Committee plans to hand overlicenses to 116 projects worth 339.67 trillion VND (14.7 billion USD) in total,including 266.23 trillion VND of additional capital, at the conference. Theyinclude 33 projects on housing and urban development, 19 office buildingprojects, 12 tourism and service projects, 32 industrial projects, and 12cultural-social ones.
Secretary of the municipal Party Committee VuongDinh Hue said the conference will take place at an important time as it willreflect Hanoi’s sense of responsibility towards the dual tasks of fightingagainst COVID-19 and boosting socio-economic development.
The event will send out a message that Vietnam,including Hanoi, is a safe and attractive destination for investors, he noted,highlighting its importance to not only the realisation of this year’s targetsbut also local development in the years to come./.
The Hanoi Department of Construction has listed 22 commercial housing projects, some complete and some under construction, where foreigners can own homes.
Hanoi has launched a two-month promotional campaign aimed at stimulating consumption and easing the difficulties facing local businesses following the COVID-19 pandemic.
Hanoi is taking action to improve administrative and governance efficiency in order to proactively meet the needs of local residents and thereby raise its Provincial Governance and Public Administration Performance Index (PAPI) ranking in 2020 and the years to come.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
Secretary of the Hanoi Party Committee Vuong Dinh Hue (standing) speaks at the meeting on June 22 (Photo: hanoimoi.com.vn) 
