The Hanoi People's Committee has approved a master plan with a 100-year vision under Decision No. 2512/QD-UBND, issued on May 13, 2026, outlining a century-long development strategy, with phased targets for 2035, 2045, 2065, and 2085.
As of early June, Hanoi had attracted 74.6 billion USD in foreign direct investment (FDI) through more than 9,250 valid projects. FDI inflows in the first six months were projected at 3.2 billion USD, surpassing the annual target by 116%, while nearly 16,000 new businesses were established in the first five months, up 34.4% year-on-year.
Located south of the Red River and extending from the historic inner city to newly developing areas in the south and the west, the central urban area along Red River’s right bank covers approximately 45,317 hectares and is projected to accommodate around 6.365 million residents by 2045 and 6.455 million by 2065.
The leader welcomed Hanoi’s growth ambition of at least 11%, saying it demonstrates the capital’s pioneering role, but such a goal cannot be attained under the old growth model and outdated approaches.
Hanoi is currently home to the largest number of craft villages in Vietnam, with around 1,350 villages engaged in traditional trades and handicrafts.
Hanoi has approved its Capital Master Plan with a 100-year vision under Decision No. 2512/QD-UBND dated May 13, 2026, marking a strategic milestone for the city’s long-term development.