Want to be in the loop?
subscribe to
our notification
Business News
HANOI UNVEILS 100-YEAR VISION WITH US$200 BILLION GRDP TARGET
A view of downtown Hanoi - PHOTO: VNA
HCMC – Hanoi has unveiled an ambitious long-term urban development plan targeting gross regional domestic product (GRDP) of around US$200 billion and per capita income of at least US$18,800 by 2035.
Under Decision No. 2512/QD-UBND recently signed by the city government, the capital city aims to develop into a leading financial, trade and innovation hub in the Asia-Pacific region across a planned area of more than 3,359 square kilometers.
To achieve these goals, Hanoi plans to adopt a “multi-layered, multi-polar and multi-center” urban structure, with the Red River serving as the city’s central landscape axis. The city also expects cultural industries to become a new growth driver, contributing 15% to 20% of Hanoi’s GRDP in the long term.
The master plan sets a vision for 2045 in which Hanoi will become a regional innovation nucleus, and by 2065, a global city with one of the highest living standards in the world.
Under the spatial planning strategy, urban construction land will be capped at 55% to 60% of the city’s total area, with the remainder reserved for green corridors and ecological systems. Hanoi also aims to eliminate chronic traffic congestion hotspots by 2030 through the expansion of urban railways and transit-oriented development (TOD) public transport models.
Alongside promoting breakthroughs in science, technology and digital governance, the city plans to restore inner-city rivers and transform Hoa Lac Hi-tech Park into a major research and development center.
Beyond 2085, Hanoi envisions becoming a model sustainable megacity that serves as a global hub for commerce and knowledge flows across its more than 335,000 hectares of natural land area.
Source: The Saigon Times
Related News
MEMBER CORNER / PROMOTIONS
VIETNAM'S MANUFACTURING STORY HAS CHANGED IN 2026
Vietnam is no longer attracting investment solely because of its competitive costs. Today, global manufacturers are increasingly choosing Vietnam for its expanding industrial ecosystem, resilient supply chains and growing role in high-value sectors such as semiconductors, electronics and advanced manufacturing.
BANKING / FINANCE / INSURANCE / TAX
VIETNAM NEEDS OVER $200BN FROM STOCK MARKET IN NEXT 5 YEARS
Speaking at the event, Bui Hoang Hai, vice-chairman of the State Securities Commission of Vietnam, said total investment demand in the 2026-30 period is estimated at VND38,000 trillion ($1.4 trillion). The state budget can only provide approximately VND8,500 trillion ($323 billion), or 20 percent, leaving the remaining 80 percent to be sourced from private and international capital.
VIETNAM ECONOMY INVESTMENT
HUNG YEN BUILDS DIGITAL FOUNDATIONS TO DRIVE LONG-TERM GROWTH
From strengthening data infrastructure to developing AI platforms, Hung Yen province is enhancing governance capacity while laying the groundwork for the growth of its digital economy. Hung Yen, about 50-60km southeast of Hanoi, has maintained steady momentum in implementing its digital transformation agenda, creating a stronger foundation for the province to advance science, technology, and innovation.
VIETNAM ECONOMY INVESTMENT
CHINESE INVESTMENT WAVE OPENS NEW DOORS
As Chinese companies move beyond factory relocation to ecosystem-driven investment, Vietnam has a rare opportunity to evolve from a low-cost production base into a strategic node in regional value chains. When global companies first diversified supply chains, the focus was largely on relocating manufacturing capacity.
VIETNAM ECONOMY INVESTMENT
VIỆT NAM STEPS UP EXPORT TO ACHIEVE US$550-BILLION TARGET
Việt Nam is intensifying efforts to sustain export momentum in the second half of 2026 as the country works towards its target of US$550 billion in export revenue for the year, despite continuing uncertainties in global trade. Statistics show that exports reached $266.5 billion in the first six months, meaning the economy needs to generate around $245.5 billion more during the remainder of the year to meet the annual goal.
VIETNAM ECONOMY INVESTMENT
ASIA POWERS VIETNAM’S SHRIMP BOOM, LEAVING THE WEST BEHIND
In the first half of 2026, Vietnam's shrimp exports surpassed the US$2.3 billion mark, driven largely by booming demand from China and a lobster craze. But behind that growth figure lies a lopsided picture: Asia is carrying the load, while the U.S. and Europe have yet to break out. These days, a container of frozen shrimp leaving a Ho Chi Minh City port is more likely to cross the East Vietnam Sea to Shanghai than the Pacific to Los Angeles.
Events Sponsors
