Hanoi’s traffic landscape expected to major transformation in 2024
In 2024, the focus will be on the topic of minimizing congestion, ensuring order, and road safety.
In 2024, the focus will be on the topic of minimizing congestion, ensuring order, and road safety.
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.
The city remains committed to enhancing the investment climate to attract high-tech and supporting industry investments.
Let's wrap up an eventful week for the capital city.
Over the past five years, the real estate market in eastern Hanoi has experienced strong growth, attracting domestic and foreign investors.
Effective disbursement of public funds is considered a critical political task for local authorities.
Upon completion and opening to traffic in early 2027, the project is expected to enhance connectivity between Hanoi and other northern provinces and support the socioeconomic development of the entire north region.
The project, with an investment capital of VND86 trillion (US$3.7 billion), is expected to be operational by 2028.
In 2023, the Government allocated VND47 trillion (US$1.9 billion) for public investment projects in Hanoi.
Hanoi is expected to accelerate the planning, which is currently behind schedule.