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Vietnam Launches Yen Binh Digital Technology Park Project

Vietnam Launches Yen Binh Digital Technology Park Project

Post by : Shakul

Vietnam officially launched the Yen Binh Concentrated Digital Technology Park project in Thai Nguyen Province, with Deputy Prime Minister Ho Quoc Dung attending the groundbreaking ceremony. The project is expected to become one of the country's leading digital technology and innovation hubs, supporting Vietnam's long-term digital transformation strategy.

Major Investment to Boost Digital Economy

The technology park will cover nearly 200 hectares with an investment exceeding 3,500 billion VND. Located near the Hanoi–Thai Nguyen Expressway and approximately 45 kilometres from Noi Bai International Airport, the project is strategically positioned to connect major industrial and technology centres across northern Vietnam.

Focus on High-Tech Industries

The Yen Binh Digital Technology Park will focus on five priority sectors, including software and artificial intelligence, digital graphics, industrial automation and robotics, unmanned aerial vehicles, and IoT devices and semiconductor technology. The project is also planned as a national centre for research, innovation and digital technology training.

What is the Yen Binh Digital Technology Park?

The Yen Binh Digital Technology Park is a large-scale technology development project in Vietnam designed to support digital transformation, attract technology companies, promote innovation, and strengthen research and workforce development. It is expected to become one of Vietnam's leading digital technology ecosystems.

Read Also:  Vietnam, Coherent Expand High-Tech Investment Partnership

Government Targets Stronger Digital Growth

Deputy Prime Minister Ho Quoc Dung said the project supports Vietnam's goal of increasing the digital economy's contribution to 30% of GDP by 2030. He noted that concentrated digital technology zones will play a key role in improving national competitiveness and expanding Vietnam's position in global technology value chains.

Vietnam Accelerates Digital Infrastructure Development

Vietnam continues investing in digital infrastructure, innovation centres and high-tech industrial zones as part of its national digital transformation strategy. The Yen Binh project is expected to attract domestic and international technology companies while creating thousands of high-skilled jobs and strengthening Vietnam's technology ecosystem.

Thai Nguyen Positioned as Technology Hub

Officials highlighted Thai Nguyen's advantages, including its strategic location, improving transport network and strong educational institutions that produce highly skilled workers. The province is considered one of Vietnam's leading centres for technology talent and digital industry development.

Project Expected to Drive Innovation

Construction is scheduled to continue through 2028, with the park expected to attract more than 100 domestic and international technology companies. Authorities believe the project will strengthen innovation, create high-quality employment opportunities and contribute significantly to Vietnam's economic modernization.

July 2, 2026 10:59 a.m. 247

#Thailand News #Technology #Vietnam #Investment

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