Hanoi expands global partnerships through Asia Group to drive strategic investment growth

9:37 PM, Tue March 31, 2026

On March 31, Vu Dai Thang, member of the Party Central Committee, Vice Secretary of the Hanoi Party Committee and Chairman of the Hanoi People's Committee, received a delegation from The Asia Group (TAG) led by Daniel Kritenbrink, member of the company's Board of Directors and former US Ambassador to Vietnam.

Hanoi expands global partnerships through Asia Group to drive strategic investment growth- Ảnh 1.

Daniel Kritenbrink, member of the company's Board of Directors and former US Ambassador to Vietnam, receives a souvenir from Chairman of the Hanoi People's Committee Vu Dai Thang.

On March 31, Vu Dai Thang, member of the Party Central Committee, Vice Secretary of the Hanoi Party Committee and Chairman of the Hanoi People's Committee, received a delegation from The Asia Group (TAG) led by Daniel Kritenbrink, member of the company's Board of Directors and former US Ambassador to Vietnam.

Thang shared an overview of Hanoi's development orientation in the new phase, emphasizing the goal of building a "Cultured – Civilized – Modern – Happy" capital by 2035 under Politburo Resolution No. 02.

To achieve this goal, Hanoi aims to develop a long-term growth model with a strategic vision, targeting double-digit economic growth driven by science, technology, digital transformation and innovation.

The city also seeks to improve overall quality of life, from enhancing healthcare systems to renovating old apartment complexes and upgrading urban infrastructure.

In healthcare, Hanoi aims not only to serve its residents but also to become a national referral center and eventually a regional and global medical hub.

According to Thang, the city has identified five key challenges requiring urgent attention: traffic congestion, flooding, urban order, environmental pollution and food safety.

To create a legal foundation for these goals, Hanoi is finalizing the revised Capital Law, which will expand the city's authority across multiple sectors.

He emphasized that this is a critical step to accelerate infrastructure, economic and modern urban development, with the draft law expected to be submitted to the National Assembly in April 2026.

In this context, Thang stated that Hanoi welcomes partners introduced by The Asia Group and is ready to cooperate based on its development orientations, especially in emerging sectors such as high technology, semiconductors, digital transformation and innovation.

He also highlighted Hanoi's advantages in attracting investment in these fields, including the Hoa Lac Hi-Tech Park, a strong university system providing high-quality human resources, clean energy infrastructure and an improving administrative environment.

Thang affirmed that Hanoi seeks to attract investment for urban infrastructure development, particularly urban railway projects and underground space.

The city also aims to establish a financial center in the future, leveraging its strong banking and financial ecosystem.

Hanoi expands global partnerships through Asia Group to drive strategic investment growth- Ảnh 2.

The meeting between Chairman of the Hanoi People's Committee Vu Dai Thang (right) and Daniel Kritenbrink, member of the company's Board of Directors and former US Ambassador to Vietnam.

On that basis, he encouraged Daniel Kritenbrink to support and connect Hanoi with potential partners and investors.

For his part, expressing strong impressions of Hanoi's potential and development goals, Kritenbrink said he had gained deeper insights into Vietnam's development direction during high-level exchanges in the United States in February.

Recognizing strong prospects for international cooperation with Hanoi, The Asia Group proposed introducing partners in energy sectors such as liquefied natural gas, clean energy and power transmission infrastructure.

The group also suggested potential partners in technology, particularly in building data centers, promoting digital payments and developing financial technology.

Expressing optimism about Hanoi's future and reaffirming commitment to supporting its development, Kritenbrink said The Asia Group will maintain a dedicated team in Hanoi to strengthen connections with local authorities and partners.

Hanoi chairman Vu Dai Thang orders land clearance completion by Q2, 2026

17:16 19/04/2026

On April 19, Party Central Committee Member, Vice Secretary of the Hanoi Party Committee and Chairman of the Hanoi People's Committee Vu Dai Thang, along with a city delegation, conducted an on-site inspection of the progress of the project to upgrade and expand Road 70 and the project to renovate and expand National Highway 21B.

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