On June 29, 2026, Hanoi hosted the Hanoi Capital Master Plan Announcement and Investment Promotion Conference 2026, where the city authorities unveiled a new 100-year master plan for urban development and announced 276 priority investment projects. The event also featured the awarding of investment licenses, investment registration certificates, and the signing of cooperation agreements with Vietnamese and international companies.
Chairman of the Hanoi People's Committee, Vu Dai Thang, stated that the master plan will form the foundation for a new phase of the capital's development. Its implementation will be supported by the new Capital Law, which comes into effect on July 1, 2026, granting the city additional powers to manage development, attract investments, and execute major infrastructure projects.
According to the approved plan, Hanoi will transition to a polycentric development model, where the capital will serve as the core of a system of interconnected urban centers alongside neighboring provinces. The city's population is projected to increase from the current 9 million people to 14–15 million by 2035 and 17–19 million by 2065, necessitating a massive expansion of transportation and urban infrastructure.
The 276 priority projects presented cover a wide range of sectors. Key areas include the development of transportation infrastructure, construction of Transit-Oriented Development (TOD) projects, creation of data centers, high-tech industrial parks, logistics infrastructure, as well as projects in semiconductors, artificial intelligence, clean energy, circular economy, healthcare, education, tourism, and cultural industries.
Public transport will be a key development focus. The master plan envisions the construction of 18 metro lines totaling approximately 979 km, with authorities aiming to complete about 500 km of these lines by 2035. On the eve of the conference, Hanoi simultaneously commenced construction on five new metro lines, marking the largest expansion of the capital's urban public transport system in its history.
By the end of 2025, Hanoi's Gross Regional Product (GRP) reached nearly $62.5 billion, growing by 8.15%, and the city budget revenues exceeded $28 billion for the first time. In the first half of 2026, authorities approved 138 domestic investment projects with a total value of approximately $141 billion, while attracted Foreign Direct Investment (FDI) amounted to $3.2 billion.
According to city authorities, priority will be given to projects with high added value, modern technologies, and low carbon emissions. Concurrently, Hanoi will continue its public administration reform, digitalization of administrative procedures, and the creation of a transparent and predictable investment environment for long-term investors.