Hanoi is undertaking a significant urban redevelopment plan for modernization. Authorities are investing billions to create new districts and infrastructure. A major riverfront project aims to tackle flooding and climate risks. This ambitious overhaul includes new transport links and a large sports district. However, rapid redevelopment raises concerns about resident displacement and financial risks. Hanoi is undertaking a significant urban redevelopment plan for modernization. Authorities are investing billions to create new districts and infrastructure. A major riverfront project aims to tackle flooding and climate risks. This ambitious overhaul includes new transport links and a large sports district. However, rapid redevelopment raises concerns about resident displacement and financial risks.
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How Vietnam capital’s $2.4-bn redevelopment drive is reshaping its real estate
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