On March 17, Politburo member and Secretary of the Hanoi Party Committee Nguyen Duy Ngoc received Rosen Partners Group, led by CEO Daniel Rosen.

Also attending the meeting was Nguyen Xuan Luu, member of the Standing Board of the Hanoi Party Committee and Vice Chairman of the Hanoi People's Committee.

The two sides discussed several areas of cooperation, including the development of an amusement park in Hanoi and a smart city project.

Thanking the Hanoi Party Secretary for the meeting, Daniel Rosen said Rosen Partners has actively studied both the amusement park and smart city concepts following discussions between the two sides on February 19 in the United States.

The group has submitted a planning and investment proposal outlining next steps, as well as measures Hanoi should take to attract major global investors. The plan also clarifies the roles of Hanoi, the group, foreign investors and partners in Vietnam.

Regarding smart city development, Rosen noted that following the February 19 meeting, the group prioritizes implementation in line with Resolution 57, identifying science, technology, innovation and digital transformation as key growth drivers.

The proposal not only highlights successful global models but also identifies challenges, including traffic management.

He expressed a desire to better understand Hanoi's priorities, emphasizing that smart city development must align with the capital's specific conditions and needs, while highlighting the importance of technology and youth participation.

Welcoming Rosen again, Secretary Nguyen Duy Ngoc recalled previous discussions during his February working visit to the United States on cooperation plans for high-quality tourism and entertainment projects in Hanoi.

He noted that Hanoi is at a critical stage, implementing a master plan with a 100-year vision and prioritizing high-tech development and smart infrastructure.

Ngoc affirmed that the city is ready to provide cleared land and apply special mechanisms under the amended Capital Law to offer maximum support to strategic investors such as Rosen Partners.

Highlighting the group's strengths in entertainment development and smart city collaboration, he proposed that Rosen Partners assign experts to work with Hanoi agencies to develop a comprehensive plan to transform the capital into a smart city over the next decade.

According to Ngoc, once the plan is agreed upon, both sides will define a roadmap, timeline and implementation responsibilities.

He stressed that smart city development must be coordinated, suitable and linked with technology transfer, while also addressing urban challenges such as traffic congestion, flooding and environmental pollution.

Hanoi is also focusing on advancing science, technology and innovation and seeks the group's advice on appropriate solutions. The city expects the project to not only attract investment capital but also create a service ecosystem and generate between 40,000 and 65,000 jobs, enhancing Hanoi's global standing.

Ngoc emphasized the need to integrate amusement park development with smart city planning to ensure consistency.

He added that the amended Capital Law is expected to be reviewed by the 16th National Assembly at its first session in April and that new mechanisms and planning frameworks will enable Rosen Partners to further research and effectively implement projects.

The Hanoi Party Secretary also introduced Hoa Lac Hi-Tech Park, which already features an integrated system of education, housing and modern transport infrastructure, attracting numerous successful enterprises and presenting strong potential for investment aligned with Resolution 57.

With existing potential and joint efforts, Ngoc expressed confidence that Rosen Partners' projects and ideas will soon materialize, becoming strategic highlights in Hanoi's development and reinforcing the city's appeal to major US investors.