Investment

A Joint Statement to this effect was issued following talks between Vietnamese Prime Minister Le Minh Hung and his Slovak counterpart Robert Fico in Hanoi on April 13.

Spanning nearly 19,000 sq.m, the Vinh An Hoa Social Housing Area will feature five 12-story social housing apartment blocks alongside adjacent commercial townhouses.

Currently, the city accommodates 105 export processing zones and industrial parks with a total area of more than 50,288 ha.

Once operational, travel time between Hanoi and Quang Ninh is expected to be slashed to just 23 minutes—five to seven times faster than current travel options.

The 1.2-hectare facility includes a modern two-story manufacturing workshop and a dedicated Research and Development (R&D) center, with a design capacity of 5GWh per year.

The northern port city is currently adjusting its general master plan, in which all strategic directions, spatial structures, and logistics system development needs will be updated and synchronized.