The Hoa Lac Hi-tech Park has been cooperating well with the Asian Science Park Association (ASPA) to reach investment opportunities with a wide range of foreign partners.

In cooperation with the Ministry of Science and Technology, the Park and ASPA organised meetings between Vietnamese businesses and Republic of Korea (RoK)’s partners, which sought partnerships in electronics, information technology and other fields.

The activity contributed to supporting enterprises of Vietnam and the RoK to promote trade, expand markets and create more opportunities for business cooperation.

In June, the Park also helped the RF Micro Devices Inc (RFMD), a big group of the US operating in wireless semiconductor device production, visit and seek investment opportunities in Vietnam .

With its need of business and production extension, RFMD has been carrying out market surveys and research to pave the way for building its factory in Vietnam .

In the framework of cooperative activities with foreign partners in 2011, the Hoa Lac Hi-tech Park and the Tai Zhong Science Park of Taiwan signed a memorandum of understanding (MoU) to boost cooperation in information and technology exchange through transfer of technology, enterprise establishment and investment.

Under the MoU, the two sides will develop partnerships between enterprises of both sides as well as enhance cooperation in staff training.

Established in 1997, ASPA is a non-government organization working to promote development of science –technology, industry and economy in Asia as well as supporting enterprises to seek new partners and markets.

The Hoa Lac Hi-tech Park has become an official member of the ASPA since 2008./.