Construction

A major change under the upcoming amended Capital Law is the imminent development of new, modern offices, industrial parks, university towns, and hospitals in Hanoi.

This year, Hanoi aims to disburse 95-100% of public funds worth VND47 trillion ($1.93 billion), which is seen as a key measure to boost the city's socio-economic development.

Tolls for the entire 113 km of Ring Road No.4, scheduled to be operational by 2027, would range from VND214,000 to VND815,000 ($8.81-$33.54).

The project is expected to help address key infrastructure issues in the city, including transportation, energy, education, healthcare and the environment.

Long Bien District has been transformed into a livable urban paradise.

Satellite urban areas, along with the 'city-within-a-city', remain a core part of the city’s 2045 planning.

The Chinese group plans to set up its headquarters in Hanoi in the near future, considering the city as an important hub in the Southeast Asian region.

The project is expected to be completed by 2026.

The project will enhance transportation connectivity, attract investment, ease traffic congestion on National Highway 3 leading to Noi Bai International Airport, and facilitate access to central Hanoi.

The more extensive the urban rail network, the better it will contribute to socio-economic growth.

Since July 2021, city officials have approved more than 1,000 quality control plans for old housing.

The Vietnam-China friendship has recently witnessed positive developments under various frameworks for cooperation and connectivity between Vietnam and China in general and the Belt and Road Initiative in particular.

The conglomerate will establish an R&D and supply chain complex to support Hanoi-based and Vietnamese companies participating in its global production chain.

It is imperative for Hanoi to establish unique urban areas dedicated to cultural development to effectively create a model city that is civilized, modern, and prosperous.

The project, with an estimated cost of VND500-700 billion ($20.6-29 million) would help alleviate congestion and minimize traffic issues upon the opening of the Vinh Tuy Bridge Phase 2.

The goal is to build and refine the urban governance model, thereby improving the efficiency of city management and the quality of urban life.