Hanoi and Gyeonggi Province are promoting signing of a
memorandum of understanding
- Meeting between Hanoi City Party Secretary Yung and
Gyeonggi Province Climate Ambassador Kang Geum-sil
- Hoa Lac High-Tech Park has high potential for
semiconductors, electronic products, and talent training

Hanoi City Party Secretary-General Dinh Tien Dung (political
bureau member) held a meeting with Gyeonggi Province Climate Ambassador Kang
Geum-sil and his team on the 7th and signed a memorandum of understanding (MOU)
on cooperation in the development of Hoa Lac Hi-Tech Park into agreeing to proceed with the conclusion.
At the meeting that day, Secretary General Yung explained
Hanoi's development status, especially the Western City Development Plan and
the development potential of Hoa Lac High-Tech Park, and requested interest and
cooperation from Gyeonggi Province.
Secretary General Yung said, “Hanoi City is promoting the
development of two western regions, Hoa Lac and Xuan Mai, into satellite cities
centered on science and technology and education and training.” “The
development of an integrated city will not only ease the burden on the 12 urban
areas of the capital, but will also become an educational center for 1 million
college students and 2.3 million elementary, middle, and high school students,”
he said.
At the same time, Secretary General Yung said, “In
particular, Hoa Lac High-Tech Park is a key element of the Hoa Lac-Xuan Mai
Western Satellite City and is expected to become a center of science and
technology and education by combining with each university. “It is expected
that the transfer of the park’s operating rights will be completed,” he
explained.
Hoa Lac High-Tech Park is the largest high-tech industrial
complex in Vietnam with a total area of 15.86
㎢, and is
an industrial complex with great potential in the semiconductor, electronic
products, and talent training sectors. In addition, new investors have applied for development of
more than 30% of the total area, but currently limited investment in basic
infrastructure is being made, and Hanoi City is hoping to cooperate in
infrastructure investment such as roads and railways.
Regarding this, Gyeonggi Province Climate Ambassador Kang
Geum-sil said, “Gyeonggi Province hopes for cooperation in various sectors,
including education, especially the economic sector,” and added, “The
development of Hoa Lac High-Tech Park is a pillar that can lead new socioeconomic
development in Hanoi, which is undergoing rapid urbanization. “It will be
this,” he said highly.