Hoa Lac Hi-Tech Park is Vietnam’s first high-tech park, playing a pioneering role in leading innovation, creating spillover effects, and providing valuable lessons for the development of other high-tech parks across the country.

On November 24, 2023, Hoa Lac Hi-Tech Park was officially transferred from the Ministry of Science and Technology to the Hanoi People’s Committee. In addition to its position as a national high-tech hub, the park also benefits from the strategic advantages and resources of Hanoi.

Prime location, situated approximately 37 km from downtown Hanoi, offering convenient access to airports, seaports, and strong regional connectivity. The completion of Ring Road 4 is expected to significantly reduce travel time.

• Connection to central Hanoi: Direct access via Thang Long Boulevard (6 lanes, high-speed route). An elevated railway connecting Hoa Lac Hi-Tech Park to central Hanoi is currently planned, with a target operation year of 2026.
• Connection to Noi Bai International Airport: Approximately 1 hour of travel time.
• Connection to seaports: Convenient transport links to Hai Phong International Port and Cai Lan Port, with travel times ranging from 1.5 to 2 hours.
• Proximity to major industrial zones in Northern Vietnam: Relatively close and strategically positioned as a central hub. Major industrial parks are located within a 100 km radius, facilitating seamless connections between R&D activities, manufacturing, and the exchange of goods and services.
• Ring Road 4: Once completed, it will further shorten travel time by separating interprovincial traffic from urban traffic.

In addition, the park’s internal infrastructure system has been fully completed and is ready for operation, supported by a high percentage of cleared land and strong commitment from Hanoi city authorities

The special incentives and policies are stipulated under the Capital Law No. 39/2024/QH15, dated June 28, 2024, including:

• Clause 2, Article 24 – Development of High-Tech Parks: This provision defines Hoa Lac Hi-Tech Park as a key national and capital-region hub for research, development, testing, application of high technologies, high-tech workforce training, high-tech manufacturing, and innovation. It also serves as a pilot area for testing mechanisms and policies related to the development of high technology and high-tech parks nationwide.
• Article 42 – Attraction of Strategic Investors: This article outlines the list of priority sectors and industries for attracting strategic investors to Hanoi, along with detailed conditions, procedures, and implementation processes.