According to the Plan for the period 2021-2030, with a vision to 2050, Hanoi is oriented to become a leading center for the semiconductor chip industry.
On the afternoon of February 23, Minister of Planning and Investment Nguyen Chi Dung chaired a meeting to evaluate Hanoi Capital Planning for the period 2-2021, with a vision to 2030.
“Hanoi is the political headquarters, a major center of economics, culture, and science. The city is also an important driving force for the development of the Red River Delta and the whole country,” the Minister assessed.
In recent times, although Hanoi has developed strongly, it still faces many difficulties and major bottlenecks. The capital’s economic position tends to gradually decrease compared to other localities in the region. Economic restructuring is considered to be slow and has not yet formed a key, highly effective economic sector.
The city also faces many problems with traffic, pollution, and flooding. The traffic routes of the frame infrastructure system have not been formed synchronously, especially lacking the North-South and East-West radial axes, according to Minister Dung. Meanwhile, Hanoi’s population size has exceeded forecasts and moving people from the inner city is not feasible.
“To thrive, Hanoi needs to identify its unique potential and outstanding strengths,” Minister Dung said about this capital planning.
According to the Plan, many goals are set for Hanoi such as becoming a major economic and financial center of Vietnam with influence in the region; center of science, technology and innovation. The city also plays the role of a growth pole leading and promoting regional development.
The plan also determines the direction for the development of important industries such as becoming a leading center for the semiconductor chip industry, information technology and artificial intelligence, and biotechnology; develop agricultural products with high scientific and technological content.
The Red River axis is also considered the main driving force for Hanoi’s development. The city’s transport infrastructure will connect 4 modes of transport: aviation, highways, urban railways with national railways connecting inter-regionally and internationally, inland waterways with maritime transport; Ring roads 4 and 5 connect the region.
Hanoi will focus on developing an urban railway system capable of replacing personal transport and connecting the capital center with urban centers in the Hanoi region; Expand and increase capacity of Noi Bai airport; Build the second airport in the Capital region.
Commenting on the Planning, Dr. Cao Viet Sinh, former Deputy Minister of Planning and Investment, said that it is necessary to properly evaluate Hanoi’s position compared to other localities, from which we can determine reasonable development goals. . He said that the Plan must identify high-tech industry as a breakthrough point and key economic sector. Accordingly, it is necessary to expand industrial parks to attract investors in the field of chips and semiconductors. He also suggested that it is necessary to clarify the driving force and development space in planning as well as have solutions to mobilize resources from the private sector and foreign countries.
Professor Le Quan, Director of Hanoi National University, added that it is necessary to prioritize the development of new spaces to attract investment and accelerate the development of transportation infrastructure. He noted that Hanoi needs to have a strategy for human resource training, including investment in universities.
