Deputy Prime Minister Ho Quoc Dung has signed Decision No. 1499/QD-TTg, dated August 6, 2026, establishing the Hung Yen High-Tech Park.

According to the decision, the Hung Yen High-Tech Park will operate under the management of the Hung Yen Provincial People’s Committee and cover an area of 496.1 hectares across Hoan Long Commune and Viet Yen Commune, Hung Yen Province.

The park will serve as a hub for high-tech activities in line with Vietnam’s high-tech development policies. Its functions include research, application and development of advanced and strategic technologies, the manufacture of high-tech and strategic technology products, and the provision of high-tech and strategic technology services.

In addition, the park will support technology incubation, training and the transfer of advanced and strategic technologies, while carrying out other functions and responsibilities in accordance with the law on high technology.

Under the decision, the Hung Yen Provincial People’s Committee is responsible for issuing, amending and supplementing the park’s operational regulations, as well as mobilizing the necessary resources for its construction, development and state management.

The province will also organize the preparation, appraisal and approval of zoning plans and detailed plans, while determining the park’s precise boundaries and location to ensure consistency with the approved site and total area.

The establishment of the Hung Yen High-Tech Park, with part of its area located in Viet Yen Commune, creates additional opportunities for the locality to attract high-tech investment projects, promote research and technology transfer, mobilize investment resources and generate new momentum for socio-economic development.

The project is also expected to contribute to Viet Yen’s long-term development orientation toward modernization, improved infrastructure, the attraction of technology-intensive industries and continued urbanization.

The establishment of the Hung Yen High-Tech Park marks a new development opportunity for Viet Yen, opening up prospects for investment attraction, technological innovation and sustainable local economic growth.