Hanoi approves new social housing project in suburban Hoai Duc Commune
Hanoi has greenlit a new social housing project in Hoai Duc Commune, set to provide homes for more than 2,000 residents as part of the city’s wider development plan.
Hanoi has greenlit a new social housing project in Hoai Duc Commune, set to provide homes for more than 2,000 residents as part of the city’s wider development plan.
Local authorities believe that adding retail and dining options at metro stations could boost ridership while generating more revenue.
Priority will be given to key projects such as highways, high-speed rail, airports, seaports, and infrastructure for education, health and social services.
The prime minister has requested that localities include social housing targets for 2025–2030 in their socioeconomic development plans.
Vinhomes, an affiliate of Vietnam’s biggest private conglomerate, reported total revenue of over $4.2 billion and net profit of approximately $1.4 billion in 2024.
The Co Linh underpass project aims to ease congestion and improve traffic flow at Hanoi’s busy eastern gateway area.
