Vietnam is planning to offer specific investment incentives for the proposed Hoa Lac Hi-Tech Park. The Ministry of Science and Technology and the park will complete a draft of a decree on the incentives, according to the ministry.
Under a plan approved by the Prime Minister, the park is to be a national centre for research, development and application of high technologies, as well as a place for developing high-tech human resources and enterprises, and the production of and trading in high-tech products.
The park had been developed according to the plan for 15 years and had created a high-tech city, said Pham Dai Duong, the deputy minister of science and technology. Duong, who is also head of the Hoa Lac Hi-tech Zone management board, at a meeting between the ministry and Deputy Prime Minister Vu Duc Dam on issuing the decree on July 26.
However, the park has not seen breakthrough in development as expected, he said, so the ministry and the management board had identified the advantages and obstacles to the zone's development.
Source: Viet Nam News
Key words : Vietnam, plans, special investment incentives, for high-tech park.
