Ha Noi is inviting Indian enterprises, renowned for their strength in the information technology industry, to invest in the Hoa Lac Hi-Tech Park.

The call was made during a meeting between Sandeep Arya, Ambassador Extraordinary and Plenipotentiary of India to Viet Nam, and Dinh Tien Dung, Secretary of the Ha Noi Party Committee on Tuesday.

During the meeting, the emphasis was on reaffirming the enduring Friendship and Comprehensive Strategic Partnership between Viet Nam and India. Notably, the collaboration between Ha Noi and the Indian Embassy has been marked by joint initiatives like the highly successful International Yoga Day event since 2015, drawing enthusiastic support from the local populace.

However, with Indian investment in Ha Noi yet to match its potential, Ha Noi is redoubling efforts to develop the Hoa Lac Hi-Tech Park, which will be transferred from the Ministry of Science and Technology to the municipal People's Committee, and enhance infrastructure to attract domestic and foreign investors, particularly in technology sectors such as manufacturing, energy, information, and communication.

Spanning 380 hectares, the Hoa Lac Hi-Tech Park has already attracted 106 projects with a total capital investment of VND85.6 trillion and USD$702.5 million. Ha Noi eagerly looks forward to receiving increased investments from Indian entrepreneurs in sectors where they excel, such as pharmaceuticals, processing and manufacturing, ICT, energy, hi-tech agriculture, innovation and infrastructure development.

The city aims to elevate the friendly ties between Viet nam and India and foster a stronger partnership between the capital cities of Ha Noi and Delhi.

Ambassador Arya conveyed the Indian Government's keen interest in seeking new development opportunities and fostering investment and trade cooperation with Viet Nam, particularly in high technology, energy, agriculture, and pharmaceuticals. This signifies a promising future for the collaboration between the two nations. — VNS