Hanoi is planning to establish several new centers of economic growth, urban clusters, and satellite towns until 2030.

Hanoi from above. Photo: Huu Thang/The Hanoi Times

This was part of an action plan of Hanoi’s Department of Construction to realize resolution No.15 of the Politburo on promoting Hanoi’s development until 2030, with a vision to 2045.

According to the plan, Hanoi also intends to implement a traffic-oriented urban development (TOD) model, while closely overseeing high-rise construction and population growth within the core area.

The Department of Construction is responsible for counselling the municipal authorities on smart and ecological urban development, with a focus on developing towns and peri-urban areas to support rural growth.

The city also aims to prioritize the construction of community living, entertainment, and green areas that meet specific criteria during the urban development process.

Other objectives include a minimum housing area of 29.5 square meters per person by 2025 and about 31 square meters per person by 2030.

The goal is that by 2025, 90% of housing development projects in urban areas will be apartment buildings and that in the same year 30% of investment projects in new social housing will be for rental purposes.

Under Politburo’s resolution No.15 on the objectives for Hanoi’s development until 2030, with a vision to 2045, Hanoi is considered a key economic zone in the northern region and the country.

By 2030, Hanoi should achieve a level of development comparable to that of the capitals of developed Asian countries, ensuring high competitiveness in the region and globally. The resolution also sets a goal for Hanoi to become a modern, intellectual, and cultural center, driving the country's growth.

To achieve these goals, the resolution targets an average annual GRDP growth rate of 7.5% - 8.0% from 2021 to 2025 and around 8.0% - 8.5% per year from 2026 to 2030. By 2025, Hanoi aims to achieve a GRDP per capita of US$8,300 - $8,500, rising to $12,000 - $13,000 by 2030.

The urbanization rate is targeted to reach 60% - 62% by 2025 and 75% by 2030, with a corresponding increase in the treatment rate of urban waste to 50% - 55% by 2025 and 100% by 2030.

By 2045, Hanoi aims to become a globally connected city with a high standard of living and quality of life, achieving a GRDP per capita of $36,000, and a balanced development of the economy, culture, and society. The resolution envisages that Hanoi will by then reach a level of development comparable to that of the capitals of developed countries in the region and the world.

Source: Hanoitimes