Want to be in the loop?
subscribe to
our notification
Business News
NEW URBAN BUILDING PLAN NEEDED
According to many experienced urban programming experts, certain problems exist in modern urban areas: technical and social infrastructure are not synchronized while qualifications and managerial capacity are less than required. All of these problems create consequences.
Ha Noi's Department of Planning and Architecture experts have demonstrated big shortcomings in developing new urban areas in the city. Those areas were not constructed in line with each other nor with a bigger long-term vision of the whole city.
The connection between new urban areas in the north and northeastern ofHong (Red) River, including Bac Thang Long, Sai Dong, Thach Ban and Dang Xa was poor, making them quite isolated from each other.
Urban areas in the western and southern of the city which have built both residential and resettlement areas are now facing overpopulation.
Investors in the majority of urban areas have developed most of the land available. New urban areas usually provide living space for as many people as possible, while land usage for traffic, trees, sports, schools, cars and parking is kept to a minimum.
These calculations have led to overpopulation. Meanwhile, connections between the city centre's infrastructure and surrounding areas were ignored or neglected.
Several projects cannot even be implemented because of failure to plan properly.
Responsibilities
Deputy Minister of Construction Nguyen Dinh Toan, said that the role and responsibility of real estate enterprises in planning and policy making needs to be addressed. Such enterprises implement planning and policy schemes, contributing to urban area development.
A legal framework for sustainable development is needed, according to urban development experts.
Legal remedies must solve pressing issues, including poor land management, lack of comprehensive infrastructure and urban services projects, environmental pollution, and land clearance.
The government needs to support real estate investment companies in raising capital to develop new urban areas. And the government needs to enforce building standards in urban construction.
The government should also issue regulations on investment and construction management of new urban areas, to ensure implementation according to the approved plan.
Source: VIR
Related News
DOING BUSINESS WITH CHINA 2.0
As China continues to evolve into a global powerhouse in innovation, technology, and advanced manufacturing, understanding how to effectively engage with this market has never been more critical. Doing Business with China 2.0 is a flagship executive programme designed to equip business leaders with practical insights, strategic perspectives, and first-hand exposure to navigate China’s rapidly changing landscape.
VIETNAM TAPS AI TO CONNECT MILLIONS OF WORKERS WITH EMPLOYERS
Vietnam’s Ministry of Home Affairs on April 14 launched a national job exchange at vieclam.gov.vn, a key digital platform designed to directly connect more than 53.6 million workers with nearly one million businesses. The platform goes beyond a conventional job portal, positioning itself as a nationwide data-integrated ecosystem. Its technological highlight is the use of artificial intelligence (AI) to automatically analyze and match job vacancies with workers’ skills and experience.
HCMC SET TO START WORK ON SEVEN MAJOR INFRASTRUCTURE PROJECTS
Ho Chi Minh City plans to simultaneously break ground on seven major infrastructure projects worth a combined VND380 trillion on the occasion of Vietnam’s Reunification Day (April 30). The projects are highly expected to unlock public investment and fuel economic growth. To prepare for the simultaneous launch, relevant departments and authorities have worked to streamline administrative procedures while maintaining legal compliance, with the goal of meeting conditions for groundbreaking on the occasion of the national holiday.
VIETNAM GETS US$2.64 BILLION FROM SEAFOOD EXPORTS IN Q1
Vietnam’s seafood sector booked around US$927 million in export revenue in March, bringing the total in the first quarter of this year to US$2.64 billion, showed data from the Vietnam Association of Seafood Exporters and Producers (VASEP). China was the primary export market in Q1. Other markets such as the U.S., Japan and South Korea imported less due to weakened consumer spending and stringent technical barriers.
VNAT EYES 25 MILLION FOREIGN VISITORS IN 2026
In the first quarter of the year, international arrivals amounted to 6.7 million, up 12.4% from a year earlier and the highest level on record. Domestic travel reached an estimated 37 million trips, with total tourism revenue at around VND267 trillion. Global developments pose risks. Geopolitical tensions in the Middle East have driven up fuel prices, increasing transport and tourism service costs.
US$250-MILLION DEAL ADVANCES VIETNAM’S GREEN CREDIT PUSH
Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has secured a US$250-million sustainable financing package to support green agriculture and small and medium-sized enterprises (SMEs), marking a major step in mobilizing international capital for priority sectors. The facility was arranged in partnership with the Asian Development Bank (ADB), alongside international partners including the Japan International Cooperation Agency (JICA) and the Government of Canada.
























