Construction

Effective planning and construction management are vital to minimizing the impact of natural disasters and reducing disaster risks.

The Prime Minister has requested that at least 95% of 2003's public investment capital be disbursed.

Vietnam will need more than VND550 trillion (US$23.2 billion) to expand the network of seaports, inland ports, and railways, according to the master plans for developing these infrastructures in 2021-2050 approved by the Prime Minister.

The project aims to construct a system of local street and service roads spanning approximately 58.2km in Hanoi.

Over the next five years, the privately-owned Chinese enterprise plans to invest RMB45 billion (nearly US$6 billion) in Vietnam.

The city expects to complete the construction of the resettlement areas in 2024, with a total investment capital of VND13.36 trillion (US$563 million).

Once completed, Ring Road No.4 will create a new development space for Hanoi, the Capital Region, and the Northern Key Economic zone.

Chairman of Hanoi People's Committee Tran Sy Thanh has urged State agencies to leave the festive spirit behind and start working without delay. The leaders of each agency must take responsibility for performing their duties in reaching objectives.

The committee is tasked with ensuring the project’s completion on time and to a high standard.

Once completed, the capital planning will serve as a crucial legal resource for Hanoi's authorities to guide, direct, and formulate policies, providing a catalyst for development.

The completion of major transport projects would lay the foundation for Hanoi’s socio-economic development.

The project, with an investment capital of VND86 trillion (US$3.7 billion), is expected to be operational by 2028.

The country has gradually developed into a semiconductor manufacturing hub for the growth of the chip manufacturing sector.

Vietnamese conglomerate Truong Hai Group JSC (THACO) announced the creation of its subsidiary THACO Industries, with a total investment of more than US$550 million and 6,500 employees.

Owners of apartments to be renovated will be compensated with a property twice the size of their current home.

The city identifies the goal as a priority for economic development and to ensure social welfare.