Red River to be main axis for Hanoi planning: official
The Red River will be the axis of Hanoi’s transport and urban development along the two river banks in the near future, said director of the municipal Department of Planning and Architecture Nguyen Trong Ky Anh.
The Prime Minister in June issued a decision approving the task of adjusting the Hanoi Capital Master Plan to 2045, with a vision to 2065.
It is expected that in September-October, after selecting a consultant, Hanoi will organize seminars and collect feedback from relevant agencies, organizations, individuals and communities on the master plan, Anh told a meeting between the Secretary of the Hanoi Party Committee Dinh Tien Dung and Vietnam Fatherland Front committees at all levels on Wednesday.
In December, the city will report to the Prime Minister the plan to adjust the Hanoi Capital Master Plan to 2045, with a vision to 2065, together with the Capital Planning report, he added.
The adjustments will focus on identifying the capital’s elements of civilization and modernity; developing synchronous urban and rural areas; investing in developing both sides of Ring Road 4 and landscape axes; studying and building a model of cities directly under the capital in the northern region (Dong Anh, Me Linh and Soc Son districts) and the western region (Hoa Lac and Xuan Mai areas), forming a new spatial structure; planning the development of urban underground space, green space and public space.
Vinh Tuy Bridge crossing the Red River in Hanoi. Photo by The Investor/Bao Lam.
Anh said the municipal People's Committee has approved the Red River urban subdivision planning (the section from Hong Ha Bridge to Me So Bridge) and the Duong River subdivision planning (the section from Bac Cau Bridge to Phu Dong Bridge encompassing Dan Phuong, Bac Tu Liem, Tay Ho, Ba Dinh, Hoan Kiem, Hai Ba Trung, Hoang Mai, Thanh Tri, Thuong Tin, Me Linh, Dong Anh, Long Bien and Gia Lam districts).
Currently, district people's committees are making detailed plans for existing residential areas under the direction of the municipal People's Committee. They are also studying and proposing investment projects in areas where construction is allowed as a basis for organizing tenders to select project investors in accordance with the law.
In late 2023 and early 2024, the city will simultaneously implement the planning schemes on both sides of the Red River, Anh said.
During the implementation process, Hanoi will collect feedback from organizations, individuals and communities, and will need the engagement and coordination of Vietnam Fatherland Front committees at all levels, he added.
Under the adjusted master plan, Hanoi is looking to develop urban areas along the Red River. The Red River will continue as the core of Hanoi with urban development on both sides.
Hanoi will also create cities within the city, similar to Thu Duc city in Ho Chi Minh City, such as a northern city combining Dong Anh, Me Linh, and Soc Son, and a western city of Hoa Lac and Xuan Mai towns.
In addition, Hanoi will build smart urban areas along Vo Nguyen Giap road, a road that connects the central area to Noi Bai airport across the Red River.
The adjusted plan is subject to assessment by the Ministry of Construction in August and approval by the National Assembly in October.
The current plan was drawn up in 2011 and does not meet Hanoi's actual growth. For instance, the city's population exceeded eight million in 2019, higher than the 7.3 million it was forecast to reach by 2020. The adjusted plan will cover all 30 districts of the city with an area of 3,359.8 square kilometers.
The plan envisioned five satellite urban areas on the outskirts of the city: Son Tay, Hoa Lac, Xuan Mai, Phu Xuyen, and Soc Son, covering 25,000 hectares. These areas were meant to attract residents from the inner city and balance the development between the inner and outer areas of Hanoi.
- Read More
Masan High-Tech Materials partners with S Korea’s GBI on tungsten processing
Masan High-Tech Materials (UPCoM: MSR), the mining unit of Vietnamese conglomerate Masan Group (HoSE: MSN), has entered into a strategic partnership with South Korea’s GB Innovation (GBI) to process Korean tungsten concentrate into higher-value products in Vietnam, strengthening a non-Chinese tungsten supply chain.
Companies - Thu, July 9, 2026 | 3:51 pm GMT+7
Idemitsu Kosan expands energy ecosystem in Vietnam
After more than three decades of operations in Vietnam, Japan’s Idemitsu Kosan is further expanding its energy ecosystem with a biomass pellet plant project in the central province of Gia Lai.
Industries - Thu, July 9, 2026 | 1:43 pm GMT+7
Two banks to list on Ho Chi Minh City bourse, expand charter capital
Vietnam's private banks Vietbank and BVBank are finalizing the last steps to transfer their trading from the unlisted public company market UPCoM to the Ho Chi Minh Stock Exchange (HoSE), while simultaneously implementing plans to increase their charter capital.
Banking - Thu, July 9, 2026 | 11:51 am GMT+7
Strong Q2 earnings, lower interest rates to bolster Vietnam stocks
Strong second-quarter corporate earnings and declining interest rates are expected to support Vietnam's stock market in the coming months, brokerage firms said, as the market moves beyond a period of limited news flow and enters a more favorable phase driven by improving fundamentals.
Finance - Thu, July 9, 2026 | 8:00 am GMT+7
Wistron raises construction, equipment investment in northern Vietnam province to $178 mln
Taiwanese technology firm Wistron has increased its investment in factory construction and equipment in Ninh Binh province to $178.27 million, adding $24.5 million to expand its facilities at Kim Bang Industrial Park.
Industries - Wed, July 8, 2026 | 7:56 pm GMT+7
Sun Group targets groundbreaking for $624 mln urban projects in central Vietnam this year
Vietnam's leading developer Sun Group aims to begin construction of two urban projects worth a combined VND16.4 trillion ($623.78 million) in the central province of Quang Ngai by the end of 2026, while also advancing plans for a new expressway linking the province with the Central Highlands.
Real Estate - Wed, July 8, 2026 | 4:54 pm GMT+7
Vietnam raises airport number target to 36 by 2030 as aviation demand surges
Vietnam plans to expand its airport network to 36 airports by 2030, up from the previous target of 30, under a revised national aviation infrastructure plan aimed at catering for rising passenger demand and boosting regional connectivity.
Infrastructure - Wed, July 8, 2026 | 4:45 pm GMT+7
Germany's VFT Bio Fuels UG eyes $3.1 bln green steel complex in southern Vietnam
Vietnamese industrial park developer IMG Phuoc Dong and Germany’s VFT Bio Fuels UG have signed a memorandum of understanding to study the development of a $3.1 billion green steel complex in the southern province of Tay Ninh.
Industries - Wed, July 8, 2026 | 4:25 pm GMT+7
Vietnam police minister urges Yamato Holdings to study investment in Gia Binh airport
Vietnam’s Minister of Public Security Luong Tam Quang has called on Japan’s Yamato Holdings to assess investment opportunities in warehousing and cargo transport systems at Gia Binh International Airport, while exploring potential cooperation and operational models with Vietnamese partners once the facility becomes operational.
Infrastructure - Wed, July 8, 2026 | 3:09 pm GMT+7
Vietnam real estate M&A favors quality, clear legal status assets as FDI priorities evolve
Vietnam's real estate M&A market continued to attract foreign capital in the first half of 2026 despite persistent global economic uncertainties, but foreign investors are increasingly targeting assets with clear legal status, stable cash flow, and strong operational performance, with data centers emerging as a key growth segment.
Real Estate - Wed, July 8, 2026 | 1:38 pm GMT+7
Central Vietnam hub Danang plans to tokenize nearly $4 bln in infrastructure projects to attract global capital
The Vietnam International Financial Center, located in the central city of Danang (VIFC Danang), plans to tokenize nearly $4 billion worth of infrastructure projects as part of a strategy to attract more global capital.
Economy - Wed, July 8, 2026 | 12:17 pm GMT+7
Computers, smartphones edge higher in price as AI memory boom tests Vietnam's ICT firms
Rising memory chip prices driven by artificial intelligence are spreading from semiconductor manufacturers to consumer electronics brands such as Apple, Dell and ASUS, pushing up the prices of computers and smartphones.
Companies - Wed, July 8, 2026 | 8:00 am GMT+7
LG Innotek to build $1 bln semiconductor substrate plant in northern Vietnam
South Korea's LG Innotek will spend $1 billion to build a semiconductor package substrate manufacturing plant in Hai Phong city, with mass production scheduled to begin in the third quarter of 2028, according to local authorities.
Industries - Tue, July 7, 2026 | 11:13 pm GMT+7
Malaysia’s JLand eyes up to $6 bln high-tech hub in Hanoi
Malaysia’s JLand Group has proposed developing a high-tech, innovation and data center complex in Hanoi with an estimated investment of $4-6 billion, as Vietnam’s capital seeks to attract technology projects and strengthen its digital infrastructure.
Infrastructure - Tue, July 7, 2026 | 4:26 pm GMT+7
PVOIL approves $600 mln crude supply plan for Nghi Son refinery
PVOIL, a subsidiary of state-owned Petrovietnam, has approved transactions worth an estimated $600 million to supply crude oil to the Nghi Son Refinery and Petrochemical complex during the second half of 2026, as the country’s largest refinery broadens its feedstock sources beyond its traditional Kuwaiti supply.
Companies - Tue, July 7, 2026 | 1:33 pm GMT+7
F88 wins two international awards for customer-centric growth strategy
F88, a major Vietnamese financial services company, has received two international awards from the Asian Banking & Finance (ABF), a Singapore-based publication, recognizing its initiatives in customer experience and service innovation.
Companies - Tue, July 7, 2026 | 12:42 pm GMT+7


















