Hanoi has inaugurated, opened to traffic or broken ground on 17 major projects to mark the 81st anniversary of Vietnam’s September 2 National Day, with combined investment of about $15.27 billion.

Ho Chi Minh City on August 29 inaugurated and broke ground on 11 major projects worth more than $6.9 billion in total investment to mark Vietnam’s National Day on September 2.

Transport, education, healthcare and resettlement projects are among the priorities in Hanoi's proposed addition of 873 land acquisition projects.

Ho Chi Minh City has simultaneously broken ground on eight strategic infrastructure projects worth about US$9.6 billion to commemorate the 50th anniversary of officially bearing President Ho Chi Minh's name.

Hanoi has unveiled its 100-year master plan alongside an ambitious investment promotion program, pledging faster implementation, better governance and stronger support for investors.

Hanoi's ambitious metro expansion is about far more than trains and stations. It could reshape where people live, work and build their futures across the Vietnamese capital.

FPT Chairman Truong Gia Binh has pledged to help turn Hanoi into a regional and global hub for talent, strategic technologies and innovation under the capital's newly unveiled 100-year master plan.

A record investment package will see Ho Chi Minh City begin construction on transport, port and urban renewal projects in July.

Ho Chi Minh City proposes a major riverside redevelopment project featuring a new pedestrian bridge, parks and cultural spaces along the Saigon River.

Hanoi has launched its most ambitious urban development program to date, breaking ground on five metro lines and three large-scale rental housing projects in a single day.

Vietnam is preparing a new wave of incentives aimed at accelerating the development of long-term rental housing, as policymakers seek to address affordability challenges and rebalance the housing market.

Hanoi has completed land clearance for six bridge projects crossing the Red River, while the Tran Hung Dao Bridge project is undergoing its final procedures before full site handover.

Hanoi is expected to gather government leaders, businesses and international organizations for a landmark event focused on investment and long-term urban planning.

Ho Chi Minh City is proposing a new Special Urban Law aimed at creating a stable and flexible institutional framework capable of supporting the city’s long-term development ambitions.

Leading the charge in this massive building spree is the new central city square in the core of the Thu Thiem new urban area. Spanning more than 20 ha, it’s the crown jewel of the Central Square and new administrative center complex.

The HCM City People’s Council approved a resolution on the investment policy for a central city square and administrative centre project, with a total estimated cost of about 29.59 trillion VND ($1.13 billion), during its second session on April 18.

Vietnam has set an ambitious target to develop at least five cities of international standing by 2045, as part of a broader strategy to modernize and sustainably transform its urban system.

As congestion intensifies, Hanoi must decide whether to reshape its urban core by moving universities beyond the city center.

Industry insiders said the country’s urbanisation processes are being reshaped, with focus shifting from simple expansion to integrated urban development linked by modern infrastructure and higher value creation.