Jul 9, 2024
Amended Capital Law fuels Hanoi’s high-tech development ambitions
The amended Capital Law gives Hanoi autonomy to develop hi-tech zones, addressing challenges such as lengthy approval processes and lack of incentives. Recommendations include prioritizing sectors, forming competent management teams, and leveraging newfound powers. The amended law also provides privileges for Hoa Lac Hi-Tech Park, aiming to foster its development by granting greater autonomy and addressing challenges in infrastructure.