European high-tech, infrastructure capital in Hanoi’s investment push
VOV.VN - A high-level Hanoi delegation led by Tran Duc Thang, Politburo member and Secretary of the Hanoi Party Committee, has conducted a comprehensive series of investment promotion activities with financial institutions, multinational corporations, and international business associations in Belgium.
The delegation, joined by Duong Duc Tuan, Vice Chairman of the Hanoi People's Committee, and heads of relevant departments, aimed to promote investment supply-demand matching, accelerate infrastructure development, and attract high-quality resources to support the capital's sustainable development process.
During a working session with the Aquitara Fund and 512 Capital B.V., Secretary of the Hanoi Party Committee Tran Duc Thang emphasized Hanoi's priority on attracting high-tech FDI, industrial infrastructure, data centers, and green development. He affirmed that the city prioritizes quality projects applying advanced technology and efficient resource utilization that deliver long-term contributions to the capital. Hanoi stands ready to offer favorable conditions for capable investors to study and propose projects in line with city planning orientations and legal regulations.
In discussions with H&M Group, Tran Duc Thang highly appreciated the retailer's business performance and market expansion strategy in Vietnam and Hanoi in particular. Responding to H&M's proposal to expand its retail network and build a flagship store in the city center, he stressed that Hanoi always welcomes and encourages prestigious international brands to establish and broaden their presence in the capital.
Meeting with Siemens Mobility and DB Engineering & Consulting, Vice Chairman of the Hanoi People's Committee Duong Duc Tuan affirmed that Hanoi identifies the urban railway (metro) network as the backbone of its long-term transport planning, opening opportunities for German partners with technological strengths and operational expertise to engage deeply in city projects.
He said that building a synchronized, modern transport infrastructure with the metro network as its backbone is a central task with a long-term vision. The city attaches special importance to digital technology integration, circular connectivity, and network-wide operational efficiency, while welcoming capable international partners to participate in survey and infrastructure development processes.
He urged specialized departments to follow up and study technical solutions tailored to practical needs and transport planning.
In exchanges with the German Business Association in Vietnam (GBA) and the European Chamber of Commerce in Vietnam (EuroCham), city leaders hailed the contributions of the European business community and welcomed the initiative to construct a "German House" in Hanoi.
Duong Duc Tuan agreed to step up specialized investment and trade promotion events with German and European enterprises, designating the Hanoi Department of External Affairs as the lead agency to coordinate and realize key cooperation initiatives.
Association representatives expressed impression with Hanoi's competitive advantages and dynamic growth, conveying their desire to strengthen connections and update planning orientations to expand business operations.
The Hanoi administration reiterated its commitment to accompanying investors and protecting their legitimate rights, expecting cooperation agreements to be quickly carried out to create a strong breakthrough momentum for the capital's socio-economic development in the new period.