Log in
Property

Hanoi agrees to spend 957 mln USD in public investment projects

  • A
Jul 04, 2017 / 11:53 AM

Authorities in Hanoi have approved a proposal by the Department of Planning and Investment to invest nearly 22 trillion VND (957 million USD) in 117 public investment projects, including 103 fundamental construction ones, in the city from 2017 – 2020.



The proposal was accepted by deputies of Hanoi People’s Council at their fourth meeting on July 3. They also adopted a resolution that puts forward amendments to the city’s portfolio of land reclamation and land conversion projects this year.

Accordingly, some 573.7 hectares of lands will be reclaimed in 77 projects while about 116 hectares of lands for rice cultivation, and protection and special-use forests will be converted to another purpose.
Reactions:
Share:
Trending
Most Viewed
Hanoi apartment market heads for major supply surge beginning in 2026

Hanoi apartment market heads for major supply surge beginning in 2026

Hanoi’s apartment market is entering a new growth phase with a strong supply wave expected from 2026 as major projects launch across all segments from social housing to high-end developments.

28 Nov, 07:00 PM
Two social housing projects offered for sale as Hanoi strives to meet mounting demand

Two social housing projects offered for sale as Hanoi strives to meet mounting demand

Hanoi launches sales for CT-05 and CT-06 social housing projects in Quang Minh Commune, offering low-cost units as the city faces rising housing pressure.

28 Nov, 01:29 PM
Vietnam creates National Housing Development Fund to boost social housing supply by 2030

Vietnam creates National Housing Development Fund to boost social housing supply by 2030

Vietnam has taken a major step toward expanding affordable housing by establishing the National Housing Development Fund, a new financial mechanism designed to accelerate social housing development and stabilize the property market.

20 Nov, 02:59 PM
Hanoi to see sharp jump in land prices under new 2026 pricing framework

Hanoi to see sharp jump in land prices under new 2026 pricing framework

The sharp increases raise concerns over affordability, investment risks and shifting market behavior as land values climb across diverse areas of the city.

19 Nov, 05:37 PM
Hanoi to launch $34 million canal project to curb flooding, revive To Lich River

Hanoi to launch $34 million canal project to curb flooding, revive To Lich River

Hanoi starts a $34-million project to upgrade Thuy Phuong Canal, improve drainage and restore To Lich River flow with completion expected by Q3/2026.

13 Nov, 02:36 PM
Hanoi greenlights sub-zone B of 16,000-hectare southern sports and housing project

Hanoi greenlights sub-zone B of 16,000-hectare southern sports and housing project

The sub-zone B is designed to be a complex containing sports facilities, housing, public services, schools and agricultural land, with an estimated accommodation of 250,000–285,000 residents.

12 Nov, 03:23 PM
Strong public participation to drive Hanoi’s sustainable and dynamic urban growth

Strong public participation to drive Hanoi’s sustainable and dynamic urban growth

Hanoi’s development depends on effective planning, mobilization of social resources and clear decentralization with accountability and transparency.

10 Nov, 09:07 AM
Hanoi housing prices surge sharply in Q3/2025 amid limited supply

Hanoi housing prices surge sharply in Q3/2025 amid limited supply

Hanoi apartment prices remained high in Q3/2025, rising sharply amid limited supply and growing affordability concerns.

09 Nov, 08:48 PM