The capital city, home to the nation’s largest research institutes, universities, hospitals, and cultural centers, is set to become a financial, trade, services, and tourism center of the region and the world.
Both cities are scheduled to sign a memorandum of understanding for cooperation during the next development phase in 2023.
Refining the Law is essential for Hanoi to remain the engine of the Capital Zone, the Red River Delta, and realize its potential for sustainable and rapid development.
Hanoi is committed to further enhancing urban planning and management quality, ensuring effective utilization of natural resources and environmental protection.
![[Infographic] Hanoi proposes policies for Capital Law amendments](https://media.hanoitimes.vn/thumb_x190x131/2022/11/08/hanoi1.jpeg)
The city encourages greater public participation in the planning process, especially those of large scale and with significant meaning for the city’s development.
The authorities are expected to take a more active role in helping locals better understand their role and responsibility in every planning process, in order to end up contributing their share to the city’s development.
Hanoi is in need of US$350 billion to upgrade urban infrastructure and realize development visions until 2030.
Hanoi gives priority to administrative reform, improving the business environment, and enhancing economic competitiveness.
The goal is to ensure the effective use of different resources to serve the capital city’s development goals for the 2021-2030 period and subsequent years.