The Hanoi People’s Committee has issued an official dispatch requesting municipal departments and agencies to review and develop incentive policies to attract strategic investors, according to a report from the Vietnam News Agency.

The move follows Resolution No. 17/2025/NQ-HDND of the Hanoi People’s Council on investment attraction.

The city will create favorable conditions and strong incentives for investors in research and development (R&D), technology transfer, and high-quality workforce training - sectors seen as vital for building a modern, sustainable economy and strengthening Hanoi’s role as a regional innovation hub.

The city's Department of Finance has been assigned to compile a list of priority projects in line with the Capital Law and the resolution. It will also establish procedures for publishing project information, selecting investors, and monitoring commitments.

Meanwhile, tax authorities will implement preferential tax policies for strategic investors while ensuring transparency and compliance.