Want to be in the loop?
subscribe to
our notification
Business News
HANOI TO ESTABLISH THIRD CITY COMPRISING TWO DISTRICTS
The People's Committee of Hanoi has presented an adjusted planning scheme for the city's overall development until 2045, with a vision for 2065, foreseeing population growth reaching 12 million by 2030, 14.6 million by 2045 and 15.5 million by 2050.
Building upon the 2011 master planning scheme, Hanoi's urban development strategy divides the city into five regions. These encompass the central urban area, including the historic inner city and expanding zones like Dan Phuong, Hoai Duc and Thanh Tri.
The eastern urban area covers Long Bien and Gia Lam districts, while the northern region comprises Dong Anh, Me Linh, and Soc Son districts. The western area encompasses Son Tay, Ba Vi, Phuc Tho, Thach That and Chuong My, while the southern area includes Thanh Oai, My Duc, Ung Hoa, Thuong Tin and Phu Xuyen.
Hanoi's plan introduces the 'city within the capital' model, aiming to develop new urban centres. This involves constructing a northern city in Dong Anh, Me Linh and Soc Son districts and a western city in the Hoa Lac high-tech zone (Thach That district) and Xuan Mai town (Chuong My district).
Following the establishment of the second airport in the capital region, Hanoi plans to develop a city in the southern area, spanning Phu Xuyen and Ung Hoa districts. This city will be integrated with the airport and serve as a comprehensive transport hub, including aviation, railways (national and urban), waterways (Red River) and highways.
The northern city of Hanoi, centred around Noi Bai Airport, will focus on industrial, service, financial and high-tech sectors. Additionally, it will promote eco-tourism and entertainment centres. By 2045, it's projected to cover around 633sq.km, with an urban land area of 385 sq.km and a population of about 3.25 million, distributed across 45 wards and 24 communes.
The western city around the Hoa Lac high-tech zone and Xuan Mai town, is envisioned as a hub for scientific research, high-tech training, and the development of advanced technology products. It will span approximately 251sq.km, with an estimated population of about 1.2 million by 2045. Urban construction land will cover around 135sq.km, accommodating roughly 1.08 million residents, while suburban areas will encompass about 116sq.km with a population of approximately 120,000. This city is projected to consist of 16 wards and 8 communes.
In addition, Hanoi plans to transform rural areas in the southern region, including Thanh Oai, My Duc, Ung Hoa, and Phu Xuyen districts, into centres for high-tech agriculture and eco-religious tourism.
For land use planning, Hanoi anticipates that urban construction land will encompass about 90,000ha by 2030, accounting for 27 percent of the city's total area. By 2025, this figure is expected to increase to around 120,000 hectares, representing 36 percent of the city's total area.
Source: VIR
Related News
CHW30200 LUGGAGE – THE IDEAL TRAVEL COMPANION FOR MODERN JOURNEYS
• Compact & practical design – easy to carry on any trip• Optimized storage space – keep your belongings organized and efficient• Durable construction – enhanced protection for your essentials on the go
OKTOBERFEST VIETNAM 2026 RETURNS @ WINDSOR PLAZA HOTEL
Save up to 25% until 31 August 2026! For 30+ Tickets, contact Hotline for exclusive offers. From 23 - 26 September 2026, don't miss your chance to immerse yourself in the vibrant atmosphere of Oktoberfest Vietnam - one of Saigon's most anticipated celebration of German culture, cuisine and music. Inbox us to secure your ticket or contact.
THE REVERIE SAIGON’S MOONCAKE COLLECTION 2026 - THE MOONLIT BLOSSOMS
Inspired by the autumn full moon, blooming Osmanthus, and vibrant Peonies, The Reverie Saigon presents The Moonlit Blossoms collection, featuring three exquisite masterpieces that celebrate harmony, prosperity, and the joy of reunion. Discover more & Place your order: https://www.thereveriesaigondining.com/mooncake-collection-2026
GOV’T PROPOSES REDUCING INCOME TAX BY 30% FOR BUSINESS WITH REVENUE OF VND10 BLN
The Government is preparing to submit to the National Assembly a proposal to reduce income tax by 30 percent in the 2026–2027 period for business households, individuals, and enterprises with annual revenue up to VND 10 billion (US$381,621). The Government also proposes a 30 percent reduction in personal income tax for micro-enterprises with annual revenues of up to VND 10 billion in 2026 and 2027.
HÀ NỘI SEEKS NEW GENERATION OF FDI TO POWER TECH, INNOVATION-LED GROWTH
After more than three decades as one of Việt Nam's leading destinations for foreign investment, Hà Nội is entering a new phase, shifting its focus from attracting capital in volume to drawing technology-intensive investment that can help transform the capital into a regional hub for research, innovation and high-tech industries.
BANK COUPON RATE HITS RECORD HIGH OF 10% PER YEAR
Amid surging demand for capital, commercial banks have been ramping up bond issuance, with rates reaching a record high of 10 per cent per year. Sacombank has recently announced the completion of three private bond placements in July, raising a total of VNĐ3.65 trillion (US$139 million) to raise medium- and long-term capital, strengthen financial capacity, enhance risk resilience and meet regulatory capital requirements.
























