Companies in Hanoi highlighted the significant improvements in the business environment in Vietnam, particularly in the capital, where it has become easier to operate in the industrial zones.

The work is expected to transform Thanh Oai into a bustling commercial hub in southern Hanoi.

The event will enable local businesses to promote their industrial products and encourage cooperation between companies inside and outside the industrial zones.

Hanoi has nine operational industrial zones covering an area of 1,670.6 hectares.

There are currently 418 industrial parks in Vietnam, covering an area of about 89.2 thousand hectares, of which 298 are in operation and 120 are under construction.

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Local experts predicted the industrial segment would revitalize the real estate market in 2024.