Hanoi is committed to formulating effective policies to attract technology and innovation investment, including the establishment of Hanoi Technology Exchange and Innovation and Startup Incubator by 2023.
The Hanoi Municipal People's Committee hopes to cooperate with the Ministry of Science and Technology of Vietnam to transfer the management of Hoa Lok Hi-Tech Park to the Hanoi Municipal Government, establish a city-wide shared database, simplify administrative procedures, promote cooperation between domestic and foreign scientists, schools and research institutions, and promote the capital's The development of scientific research.
In order to ensure that scientific and technological innovation helps to improve the competitiveness of Hanoi’s economy and contribute to socio-economic development, the Hanoi Department of Science and Technology innovates operating methods and provides more effective consulting services; improves the quality of national science and technology management by accelerating Hanoi’s technology transactions and The construction and operation of start-up incubators to achieve the development of the technology market; organizing various innovation-focused events to showcase Hanoi's potential as a technology innovation center in Vietnam.