The Prime Minister has approved the establishment of the Hanoi Software Technology Park as a concentrated information technology (IT) one in Long Bien district.
Cau Giay concentrated IT park in Hanoi (Photo: ictnews.vn)
Hanoi (VNA) – The Prime Minister has approved the establishment of the Hanoi Software Tꦬechnology Park as a concentrated information technology (IT) one in Long Bien district.
The park invested by Hanel Company Limited will operate in line with the Law on Enterprise and functions stipulated in the Government’s Decree 154/2013/ND-CP issued in November 2013.
It will also enjoy a number of incentives under the Decree and receive State budget and investment credit loans from the Vietnam Development Bank to build infrastructure in line with the Prime Minister’s master plan on developing concentrated IT parks.
The Decree stipulates the State will support investors of concentrated IP parks to invest in technical infrastructure system such as roads, electricity, clean water, water sewages, and other facilities.
The investors are also helped with land clearance and land lease.
Organisations or businesses implementing new IT investment projects at the parks will enjoy the application of 10 percent corporate income tax within 15 years, as well as tax exemption for four years and 50 percent tax reduction in nine following years.-VNA
The establishment of the concentrated information technology park in Cau Giay district, Hanoi - one of the first three zones of its kind in the country - is on the right path, marking a remarkable turning-point for IT development in the city.
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ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
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A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
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The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
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The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
Cau Giay concentrated IT park in Hanoi (Photo: ictnews.vn)
