Construction

Early and effective investment in the urban railway system will increase the share of public passenger transport, reduce individual vehicle traffic, and positively impact socio-economic development.

The average housing area per capita in Hanoi reached 28.6 square meters in 2023, exceeding the planned target of 28.2 square meters.

Vietnam has set a target of 3,000 kilometers of highways by 2025 and 5,000 kilometers by 2030.

In 2024, the focus will be on the topic of minimizing congestion, ensuring order, and road safety.

This would help create a transportation hub in the north of the country.

Leveraging its vast land resources, the urban zones flanking Ring Road No.4 have the potential to materialize the vision of creating green urban spaces and smart cities within the Capital Region.

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.

The draft law aims to redirect investment from being channeled mainly into housing and commercial center development projects to infrastructure projects such as urban railways.

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.

In the upcoming period, the expanded metropolitan area will undergo urban reconstruction, emphasizing upgrading technical infrastructure and expanding social infrastructure.

Urban areas in big cities provide ideal spaces for tourism development in Vietnam.

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.