Log in
Property

Hanoi to build a new biotech high-tech park

The HaBiotech is designed to engage in high-tech activities that align with global trends and Vietnam's strategic policies for high-tech development, with a particular focus on biotechnology.

The capital city is set to unveil the Hanoi Biotech High-Tech Park (HaBiotech), a project covering 199 hectares in Bac Tu Liem District, as detailed in a recent governmental decision signed by Deputy Prime Minister Bui Thanh Son.
 An overview of the project.

The Deputy Prime Minister has instructed the Hanoi People's Committee to work in collaboration with the Ministry of Science and Technology to develop operational regulations for the zone, which will be submitted to the Prime Minister for approval.

Hanoi is set to begin planning, assessing, and approving the construction layout and boundaries for the park to ensure consistency with the designated location and area. A management body under the Hanoi People's Committee will be set up to operate the park effectively.

The HaBiotech project received planning approval in February 2009 and has a projected total investment of over $1 billion. This includes $250 million allocated for technical infrastructure and service facilities, such as high-rise apartments and dormitories (excluding land for family housing). The remaining will be dedicated to specialized equipment for laboratories, centers, research institutes, and universities.

Reactions:
Share:
Trending
Most Viewed
Related news
Vietnam tightens social housing rules, orders recovery from ineligible recipients

Vietnam tightens social housing rules, orders recovery from ineligible recipients

The prime minister has issued a new directive that requires authorities to recover social housing units sold to ineligible recipients and strengthen enforcement to prevent fraud and abuse.

Hanoi opens applications to buy former rental social housing units

Hanoi opens applications to buy former rental social housing units

Social homes having been rented for two years on the city's outskirts are now available for public interest.

Hanoi puts all land information services online to modernize public administration

Hanoi puts all land information services online to modernize public administration

Hanoi shifts all land-information procedures to a fully online platform, speeding up digital transformation, reducing costs and expanding transparency for residents and businesses.

Surging housing prices trigger urgent calls for stronger market and policy reforms

Surging housing prices trigger urgent calls for stronger market and policy reforms

Vietnam faces steep housing price increases due to shrinking supply, rising speculation and slow legal reforms, prompting a call for urgent policy action and expanded affordable housing.

Hanoi apartment market heads for major supply surge beginning in 2026

Hanoi apartment market heads for major supply surge beginning in 2026

Hanoi’s apartment market is entering a new growth phase with a strong supply wave expected from 2026 as major projects launch across all segments from social housing to high-end developments.

Two social housing projects offered for sale as Hanoi strives to meet mounting demand

Two social housing projects offered for sale as Hanoi strives to meet mounting demand

Hanoi launches sales for CT-05 and CT-06 social housing projects in Quang Minh Commune, offering low-cost units as the city faces rising housing pressure.

Vietnam creates National Housing Development Fund to boost social housing supply by 2030

Vietnam creates National Housing Development Fund to boost social housing supply by 2030

Vietnam has taken a major step toward expanding affordable housing by establishing the National Housing Development Fund, a new financial mechanism designed to accelerate social housing development and stabilize the property market.

Hanoi to see sharp jump in land prices under new 2026 pricing framework

Hanoi to see sharp jump in land prices under new 2026 pricing framework

The sharp increases raise concerns over affordability, investment risks and shifting market behavior as land values climb across diverse areas of the city.