Construction

By 2030, Vietnam will require an annual investment of approximately $11.3 billion-$13.5 billion in power source and grid projects.

The new facility is expected to contribute to the supply of electric vehicles in North America and accelerating the global green mobility revolution.

Once completed, the project will address the persistent and severe traffic congestion at the Phap Van intersection, a key gateway to the capital.

Disbursement progress in the year's first half was below expectations at 33.9% of the target.

The adjustment of the project aims to comply with the approved general plan of Haiphong towards 2040 and a vision towards 2050.

Subsurface planning is as important as surface planning. Both must be considered as a whole to ensure balanced development.

The city applies information technology to traffic management and administration, focusing on deploying intelligent traffic systems.

The goal of fully disbursing the public investment fund of VND711 trillion (US$30 billion) this year remains challenging.

The materialization of the Red River Zoning Plan would serve as the driving force for substantial advancements in the capital’s development.

The flyover contributes to creating a notable architectural highlight that fits into the landscape of the intersection area.

The latest initiative to design a distinct urban area along Ly Thuong Kiet Street aims to create seamless connections between the surrounding architectural and landscape spaces while preserving and promoting historical, cultural, and social values.

In recent years, Hanoi has prioritized and invested resources in renovating, upgrading, and modernization of the sewerage and drainage system.

The city will expedite investments in constructing and enhancing environmental infrastructure specifically designed for craft villages.

On the morning of June 25, the groundbreaking ceremony for the Capital Region's Ring Road No.4 construction project was held simultaneously at four sites in Hanoi amid a festive atmosphere of officials, Party members, and people from the districts through which the project passes and the city.

The construction of Ring Road 4 - Capital Region, designed to facilitate restructuring urban areas in the surrounding localities, began today in Hanoi.

The investment in the construction of Ring Road 4, located in the Capital Region, will create new opportunities for development in the entire region, said Prime Minister Pham Minh Chinh.

The municipal party chief considers the project a political duty and urges local units to ensure timely, high-quality completion by 2026.

The soon-to-be amended Law on Housing is intended to encourage foreign investment and create favorable conditions for foreigners living in Vietnam.

The amendment to the Housing Law is expected to be approved during the 6th session of the National Assembly, scheduled for the end of 2023.

The Prime Minister has ordered Hanoi to impose strict controls on the central area's high-rise development and implement programs to renovate and rebuild the city.