Hanoi builds new software park

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The Hanel Limited Company broke ground to construct a modern software park at Long Bien District's Phuc Loi Ward on Saturday that is slated to become the first one in Vietnam to meet international standards.

The park, to open for investment in 2014, is expected to create 15,000 jobs and supply accommodations for 5,000 skilled workers.

According to Hanel, the park will apply latest technology in the field, using clean energy and promote environmental-friendly production.

With the operation of the new park, total revenue from software production is expected to gain US$1 billion per year by 2015.

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