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MIK Group unexpectedly withdraws from Red River Scenic Boulevard megaproject

MIK Group has announced its withdrawal from the investor consortium developing the Red River Scenic Boulevard - one of Hanoi’s most ambitious urban projects, valued at an estimated $12 billion.

Hanoi seeks to boost investment, business in hi-tech parks, IZs

In 2025, Hanoi’s high-tech parks and IZs posted strong performance, with estimated revenue of $12.14 billion, contributing about 19.12% to the city’s GRDP, while budget contributions reached $450 million and export turnover amounted to $7.42 billion.

Traffic restrictions in Hanoi on December 26–27 for national event

Hanoi police have announced temporary traffic bans and restrictions on key roads on December 26–27 to ensure security and order during the 11th National Patriotic Emulation Congress.

Hanoi and Ho Chi Minh City glow in Christmas colors

From Hanoi’s St. Joseph’s Cathedral to Saigon’s Notre Dame, thousands of people filled the streets on Christmas Eve, embracing the festive glow and joyful spirit of the season.

AI cameras streamline traffic flow across six major Hanoi streets

Hanoi has begun applying AI-based traffic control systems on six major streets to manage signal timing dynamically, aiming to reduce congestion and create continuous “green waves.”

Hanoi to pilot rush-hour restrictions on heavy trucks, container vehicles

Hanoi will pilot restrictions on heavy trucks weighing 10 tonnes or more, as well as container trucks and tractor-trailers, on several key routes during peak hours as part of its effort to ease traffic congestion.

Hanoi to restrict traffic on Ring Road 3 & limit truck access during peak hours

Starting January 1, 2026, the Hanoi People's Committee will pilot a plan to restrict vehicle access on Ring Road 3 and adjust truck access hours to ease growing inner-city traffic congestion.

Hanoi breaks ground on $35.2 billion Red River scenic boulevard

The capital’s most ambitious urban development project kicks off, transforming both banks of the Red River.

Sun Group to carry out project to revamp park corridors along To Lich River

The Hanoi People’s Committee and Sun Group will officially break ground on December 19, on the Project for the Renovation, Upgrading and Revitalization of park corridors along both banks of the To Lich River.

Hanoi to launch 5,000 public electric bicycles

In a move to reduce air pollution and promote green mobility, Hanoi has approved a plan to deploy 5,000 public electric bicycles, alongside restrictions on petrol- and diesel-powered vehicles in the city’s central area.

Cha Ca La Vong culinary knowledge recognized as national intangible heritage

With six generations of heritage, this iconic Hanoi dish reflects a unique blend of memory, flavor, and ceremony.

Hanoi homeowner receives over $19 million in compensation for Hoan Kiem land

A family owning more than 421 square meters of land on Dinh Tien Hoang Street in Hanoi’s Hoan Kiem Ward has been awarded over 466 billion VND (approximately $19.1 million) in compensation to relocate for the East Hoan Kiem Park project.

Hanoi officially launches smart traffic control centre

The Hanoi Department of Public Security on December 13 officially put the city’s smart traffic control centre into operation, enabling the electronic handling of administrative violations related to traffic order and road safety.

Hanoi eyes turning Hoa Lac into Vietnam’s Silicon Valley

The ambition reflects the city’s vision to nurture world-class research, high-tech manufacturing and a thriving startup ecosystem capable of powering long-term growth.

Hanoi approves two strategic projects to fuel long-term growth

Hanoi has approved in principle two major projects, including an Olympic sports urban area and a Red River Landscape Boulevard, aimed at driving long-term growth and reshaping the capital.

Hanoi culinary, craft village tourism festival draws over 30,000 visitors

The Hanoi Culinary, Craft Village and Craft Street Tourism Festival 2025 wrapped up on December 14 night after four days of lively and diverse activities.

Hanoi to launch $24M public venture fund to support tech startups

The city’s bold move embraces risk and innovation, positioning Hanoi as a future leader in Southeast Asia’s tech scene.

National Assembly gives Hanoi leader green light for mega projects

Starting December 12, Hanoi's Chairman will hold new investment approval powers under a National Assembly resolution.

Hanoi launches $24 million seed fund to lure digital asset talent

Determined to reverse a brain drain, Hanoi unveils a pioneering sandbox and seed fund to attract innovators in the digital economy.

Electric-motorbike parking ban by apartment complex in Hanoi sparks debate

The announcement by the management board of HH Linh Dam apartment complex in Hanoi to stop accepting electric motorbikes and electric bicycles has triggered mixed reactions among residents and the public.