Hòa Lạc Hi-tech Park must serve as hub for hi-tech workforce training

NA Chairwoman Ngân hailed it as an incubator for the development of hi-tech projects and an ideal destination for both domestic and foreign investors.

It had become a base for multiple international conglomerates, such as Hanwha Aerospace (the Republic of Korea), Nidec and Nissan Techno (Japan) and major domestic groups, including Vingroup, FPT, VNPT and Viettel, she said.

NA Chairwoman Ngân asked the Ministry of Science and Technology to improve the hi-tech park’s capacity in terms of infrastructure and business environment and to remove obstacles and create the best conditions for R&D and technology transfer in Việt Nam so that the park would be a place where innovative ideas and hi-tech products are initiated.

It would help raise the economy’s productivity, efficiency and competitiveness, the Chairwoman added.

Ngân also urged businesses and investors at the park to create more high quality made-in-Việt Nam products while the park’s management board must find ways to attract skilled manpower and to make the park a friendly and prestigious destination for technological firms and scientists at home and from overseas.

The NA Chairwoman witnessed the signing of a strategic deal between the park’s management board and the Viettel Military Industry and Telecom Group and the presentation of decisions on investment plans of four projects, including the VinSmart Research and Manufacture JSC, Mediplantex JSC, A&A Green Phoenix Group JSC and Hulk Energy JSC.

The Hòa Lạc Hi-tech Park, the first and largest of its kind in Việt Nam, covers a total area of approximately 1,600 hectares on the outskirts of Hà Nội. It was founded under the Ministry of Science and Technology.

The park is home to 91 projects which have a combined registered investment of over VNĐ86.3 trillion (nearly US$3.7 billion). Four  major projects, worth over VNĐ7.4 trillion, have landed in the park this year.