A groundbreaking ceremony for Hanoi's Dong Anh Industrial Park infrastructure construction and business project was held on May 20 by the Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex), in coordination with the city People's Committee.

With a total investment of nearly VND6.34 trillion (over $242 million) and spanning 299.45 ha, the industrial park (IP) is one of the capital’s largest industrial zones and a vital component of the overall development plan for the northern Red River region. The project is designed as a next-generation IP model, integrating high-tech, eco-friendly, smart, and low-emission elements.

Speaking at the ceremony, Deputy Chairman of the Hanoi People's Committee, Truong Viet Dung, noted that located across Thu Lam and Phuc Thinh communes, the park occupies a strategic position at Hanoi's northern gateway. It connects directly to major transportation infrastructure, including the Nhat Tan – Noi Bai axis, Highway 18, the Hanoi – Thai Nguyen expressway, and Ring Road 3, while providing rapid access to Noi Bai and Gia Binh International Airports and northern logistics hubs.

However, he emphasized that a favorable location does not inherently create value; instead, the success of Dong Anh IP will be determined by its infrastructure quality, governance, investor selection, environmental protection, business support, and the safeguarding of local residents' legitimate interests.

According to Mr. Dung, in 2026, Hanoi aims to break ground on six industrial parks with a total scale of nearly 1,400 ha, while simultaneously preparing ten additional industrial zones currently in the planning stage, totaling approximately 3,455 ha.

These efforts serve as a testament to the capital's commitment to restructuring its production space and its readiness to take bold action to create new room for high-tech industries, clean production, modern logistics, and new value chains.