The local government of Hanoi has been implementing new policies and mechanisms in an effort to attract more foreign investors to come to the city. These policies include promoting infrastructure in industrial parks and strengthening administrative procedure reform for foreign investors. It also seeks to step up the application of IT in implementing administrative procedures in business registration, investment registration, tax, insurance, and land. Hanoi now gives priority to quality projects, and products with added value and high competitiveness in some key fields such as urban infrastructure development, smart city construction, supporting industries using modern and environmentally friendly technologies; and projects in the field of information technology, research and development, tourism and financial services; human resource training; and high-tech agriculture.