The installation of these signs is aimed at facilitating residents’ commutes and easing traffic jams.

As Tết approaches, real estate companies in Việt Nam are boosting demand with promotions, while preparing for an increased property supply to meet rising demand.

A workshop themed US-Vietnam Getting to Net-Zero: Roadmap to Sustainable Industrial Development was held in HCM City on January 14 by the US Commercial Service in the city, in partnership with the International Financial Centre (IFC) and Saigon Tel.

As part of Việt Nam’s national airport development plan for 2021-2030, with a vision to 2050, Côn Đảo Airport is expected to handle two million passengers annually by 2030 and up to three million passengers by 2050.

The primary selling prices of condominiums in Hà Nội witnessed a sharp increase in 2024, up by 36 per cent year-on -year and 12 per cent quarter-on-quarter, according to CBRE Việt Nam, a foreign real estate service company.

HCM City has set a target of achieving at least one square metre of green space per capita and an additional ten hectares of public green areas by 2030.

Provinces and centrally governed cities are tasked with implementing their respective provincial plans effectively, including those covering urban development, climate-resilient projects, smart city initiatives, green transition, low-emission urban projects and housing welfare programmes.

By 2045, Hà Nội will become a smart and ecological city, a financial, service, science-technology and human resource training hub, and a venue for major political, economic, cultural and scientific events both across Asia and the world.

HCM City’s office market has achieved rapid growth fuelled by steady demand and burgeoning supply, reinforcing the city’s status as a premier destination for both local and international corporations seeking strategic growth opportunities in Southeast Asia, according to real estate consulting firm Knight Frank.

In October last year the first tunnel was completed, but the intersection was still blocked due to construction of the second tunnel, causing congestion to continue.