Competitiveness of Industrial Zones in Hanoi

Fifteen years after the birth of Tan Thuan Export Processing Zone, the first industrial zone in the country, Vietnam has about 130 industrial zones (IZs) by the end of 2005. These IZs have attracted 2,202 foreign projects with a total registered capital of USD17.5 billion, accounting for 36 percent of FDI capital in the whole country, and 2,314 domestic investment projects with a total registered capital of VND137,000 billion (Tran Ngoc Hung, 2006).