Vietnam's real estate price growth over the past five years has reached 59%, significantly higher than other countries such as the US (54%), Australia (49%), Japan (41%), and Singapore (37%), according to data from the Global Property Guide.
The Ho Chi Minh City People’s Committee has approved the planning for the Can Gio coastal urban area, which covers an area of 2,870 hectares and is projected to attract nearly 9 billion USD in private investment.
Deputy Prime Minister Tran Hong Ha chaired in Hanoi on July 31 a meeting on the first-ever plan for urban and rural systems, stressing the role of rural areas in urbanisation.
Climate change, sea level rise, saltwater intrusion and unsustainable water use fuel the water scarcity risks in Vietnam, said Tong Ngoc Thanh, director general of the National Centre for Water Resources Planning and Investigation (NAWAPI).
Under Decision No 179/QD-TTg, dated February 16, 2024, approving the Construction Industry Development Strategy until 2030 with orientations to 2045, the urbanisation rate is to reach a minimum of 45% by 2025.
Strongly developing satellite cities for some metropolises is among the targets specified in the Prime Minister’s recent decision on the strategy to develop the construction sector by 2030, with orientation towards 2045.
Ho Chi Minh City aims to develop sustainable urban agricultural production with high technologies to be applied in cultivation on at least 70% of its agricultural land by 2030, said the director of the city’s Department of Agriculture and Rural Development.
Home to 12 ethnic minority groups, the northern mountainous province of Son La has witnessed dramatic changes in socio-economic activities, but with rapid urbanisation it is working hard to preserve the unique cultures of the local ethnic minority people.
Hanoi is set to become a globally-connected city with high living standards and quality of life, according to a new plan that aims to raise the Gross Regional Domestic Product (GRDP) per capita to 36,000 USD by 2045.
Land prices in Bangkok capital city of Thailand has skyrocketed 75% in recent years due to infrastructure development along with urbanisation driven by mass transit expansion.
Alongside urbanisation, flooding in cities of Vietnam, a country highly vulnerable to climate change, is getting complicated and needs concerted solutions, according to experts.
Urbanisation and city development are a chance for each country, region, and locality to make breakthrough development in all fields, Prime Minister Pham Minh Chinh told a national conference on November 30.
The southern province of Dong Nai, a leading locality in implementing the national target programme on new-style rural area building, is making efforts to continue to promote the building of exemplary new-style rural areas.
The Industrial University of HCM City (IUH) has launched the first Smart Grid Lab in Vietnam, giving 350 students a year the opportunity to build the skills they need to address the power network challenges of the future.
Urbanisation and urban advancement have created favourable conditions for socio-economic development. However, urban upgrade targets have only been set for land and population increase instead of actually designing improved urban quality of life. Air, water and noise pollution occur in new urban areas at alarming levels, leaving some areas vulnerable to climate change.
Ho Chi Minh City plans to speed up urbanisation of the four outlying districts of Can Gio, Cu Chi, Hoc Mon and Binh Chanh, making them cities by 2030 like it did to the erstwhile Thu Duc district.
Urbanisation is indispensable and an important driving force for Vietnam’s rapid, sustainable socio-economic development in the time ahead, Vo Van Thuong, permanent member of the Party Central Committee’s Secretariat, said at a conference in Hanoi on May 18.
