Rosen Partners to develop amusement park in Hanoi

"We are planning to invest in building a world-class entertainment park in Hanoi, to bring a renowned global brand to the capital of Vietnam," said Daniel Rosen, managing director of Rosen Partners LLC, in a meeting with Vietnamese Deputy Prime Minister Le Minh Khai on November 1.

The company develops real estate projects globally, and has recognised that Vietnam presents exceptional opportunities.

Rosen underscored the group's commitment to respecting the cultural identity of each nation it invests in, aiming to serve tourists with the utmost diligence. "We hold a profound respect for the national identity and culture of every country we operate in," Rosen added.

He also expressed confidence that the group would contribute positively to increasing tourist arrivals to Vietnam in the coming years.

"With these initial steps, we anticipate encouraging more businesses to venture into Vietnam," he added.

DPM Khai also acknowledged that Hanoi, as the political and economic hub with a rich cultural and historical heritage, is an appropriate choice for Rosen's investment.

"Vietnam welcomes foreign corporations such as Rosen Partners to invest in construction and real estate. Within the framework of Vietnamese law, the government will fully support and facilitate this venture in Hanoi," he said.

The foreign fund America LLC has bolstered its stake in Saigon Ground Services JSC, which anticipates to benefit directly from the forthcoming Long Thanh International Airport project.

Inventec, a global leader in high-powered servers headquartered in Taiwan, has received an investment certificate to develop a $125 million manufacturing factory in Hanoi.

Following global trends on green transportation, the capital city of Hanoi has been striving to develop a green transport system.

The Department of Economic Zones Management under the Ministry of Planning and Investment (MPI) and Switzerland's State Secretariat for Economic Affairs (SECO) signed an MoU on October 25 for the development of eco-industrial parks in Vietnam between 2024 and 2028.