Hanoi promotes progress of key projects, creating urban appearance

Accelerating capital disbursement, attracting foreign investment and promoting key projects has helped Hanoi's investment and construction picture in the first 9 months of this year have many outstanding marks.

FDI capital sources grow steadily

By the end of the third quarter of 2025, the total development investment capital in Hanoi is estimated at VND 379,800 billion, an increase of 10.7% over the same period in 2024. Of which, state capital reached VND 142,500 billion (up 16.5%), non-state capital reached VND 211,700 billion (up 7%), and foreign direct investment (FDI) reached VND 25,600 billion, up 12.1%.

This is an outstanding result reflecting the city's determination to speed up capital disbursement, remove difficulties for businesses and improve the investment environment.

Prime Minister Pham Minh Chinh and delegates performed the groundbreaking ceremony for the Tu Lien Bridge and roads construction project at both ends of the bridge.

In the third quarter of 2025 alone, development investment capital is estimated to reach VND156,300 billion, up nearly 20% compared to the second quarter and up 11% over the same period last year. Notably, state capital accounts for more than 37% of total investment capital, up 15.5%, showing the effectiveness in implementing the public investment plan.

Non-state capital continues to play a key role in the City's investment structure, reaching more than VND88,000 billion, while the FDI sector accounts for about 6.4% but has stable growth, affirming the confidence of international investors in Hanoi's investment environment.

In terms of structure, capital investment in basic construction is still the main item, accounting for nearly 64% of the total investment capital of the whole City, reaching about 99,900 billion VND, an increase of 12.8% over the same period in 2024. Investments for purchasing fixed assets, repairing, upgrading, and supplementing working capital all recorded stable increases, contributing to improving production capacity and promoting long-term growth.

A highlight is that the investment capital from the State budget managed by localities reached 59,500 billion VND in 9 months, up 31.1% over the same period last year and completing nearly 57% of the yearly plan. Of which, the City level implemented 26,500 billion VND (up 52.6%), while the district, commune level achieved 33,000 billion VND (up 17.8%).

The high progress in disbursing State capital reflects the strong direction of the City government in removing obstacles in procedures and premises and promoting administrative reform.

In terms of attracting foreign investment, Hanoi continues to be a "bright destination" in the region. In September, Hanoi attracted nearly 88 million USD in additional FDI capital, bringing the total in 9 months to 3.9 billion USD, 2.9 times higher than the same period in 2024 and far exceeding the annual plan target. Of which, 301 new projects were licensed with a total registered capital of more than 300 million USD; 114 projects adjusted to increase capital by 3.2 billion USD; and 265 capital contributions and share purchases with a total value of 373 million USD.

Notably, the project of Gamuda Land Vietnam Co., Ltd. (Malaysia) increased by 1.12 billion USD to develop Yen So Park, showing the long-term confidence of international investors in the business environment of the capital.

To support investment capital flows, Hanoi is making a strong transformation in administrative management: 100% of the investment licensing process has been digitized, aiming to issue investment registration certificates online in a maximum of 5 working days. Hanoi has also begun applying artificial intelligence (AI) to look up legal information, helping businesses access information more transparently, quickly and effectively.

Accelerating investment, creating breakthrough infrastructure

Along with attracting and managing investment capital, construction activities in the first 9 months of 2025 continue to receive special attention. Hanoi is implementing 282 concentrated basic construction public investment projects, including 233 transitional projects with a total investment of more than VND 253,000 billion and 49 newly started projects with a total capital of VND 6,700 billion.

The areas with large investment include transportation (85 projects, accounting for more than 72% of the capital plan), environmental protection, agriculture , forestry, health, population and family. All are aimed at the goal of building a synchronous, modern and environmentally friendly infrastructure system.

This year, many key national and Hanoi projects were started and inaugurated on the occasion of the 80th anniversary of the August Revolution and National Day September 2, such as: Yen Xa wastewater treatment plant; the road connecting Gia Binh airport with the capital; Van Phuc bridge connecting National Highway 32; Ngoc Hoi bridge connecting Hanoi - Hung Yen; resettlement areas in Dong Anh and Ngoc Hoi serving the North - South high-speed railway project; and especially the Smart City Project in Vinh Thanh commune.

In addition, the Exhibition of achievements "80 years of Journey of Independence - Freedom - Happiness" was also inaugurated, becoming an important cultural - political space, serving people and tourists during the great festival.

Among the key projects under construction, Tu Lien Bridge is one of the projects expected to create a breakthrough in urban traffic. The project started construction on May 19, 2025, with a total investment of nearly 20,200 billion VND, a total length of more than 11.5 km, including a main bridge of nearly 3 km. Currently, contractors are constructing the cable-stayed tower, ensuring completion within 2 years.

Along with that, the Ring Road 4 - Capital Region project, an important national infrastructure project, is also being urgently deployed. The 112.8 km long route, passing through Hanoi, Hung Yen and Bac Ninh, with a total investment of more than 75,000 billion VND, has disbursed 20% of the capital plan and completed most of the site clearance volume.

In the inner city area, the Ring Road 1 project, Hoang Cau - Voi Phuc section, with a total investment of more than 7,200 billion VND from the Hanoi City budget, has achieved a disbursement rate of 52.1%, and is gradually being completed to reduce traffic congestion and connect the central area with the western area.

On the radial axis, the project to renovate and upgrade National Highway 6, Ba La - Xuan Mai section, 21.7 km long, with a total investment of VND 8,100 billion, is being accelerated to complete the traffic network at the western gateway of the capital.

All of the above projects are not only significant in terms of infrastructure but also symbolize the spirit of action and innovation in public investment management of Hanoi: decisive, transparent and aiming for sustainable efficiency. Hanoi City aims to disburse 100% of the capital plan in 2025, thereby creating momentum for socio-economic growth in the last months of the year and the following years.

Source: https://baodautu.vn/ha-noi-thuc-day-tien-do-cong-trinh-trong-diem-kien-tao-dien-mao-do-thi-d411061.html