On the afternoon of June 25, Hanoi City People's Committee held a press conference to inform about the Conference to Announce the Master Plan of Hanoi Capital with a 100-year vision and Investment Promotion in 2026.
Recently, the Hanoi City People's Council of the XVII term approved the investment policy for the Hong River scenic avenue axis project. However, to date, the city has not announced the adjustment of the Hong River urban subdivision plan and has not had a detailed 1/500 scale plan.
Reporters asked: "Please tell the city about the progress of researching and building adjustments to the Red River urban sub-area plan and the progress of detailed planning at a scale of 1/500 for the above area? ".
Mr. Tran Quang Tuyen - Deputy Director of Hanoi Department of Planning and Architecture said that the Red River Landscape Avenue Project has been agreed upon by the city in Resolution No. 18/NQ-HDND dated May 11, 2026 and Decision No. 2789/QD-UBND dated June 3, 2026 on strategic investors being selected in special cases when implementing the project.
After Hanoi City has a general approval decision, the plan for the Red River sub-area and the detailed plan for the Red River Avenue Axis are currently being implemented.
The zoning plan has been implemented by units and is organizing to seek opinions from the Ministry of National Defense, the Ministry of Public Security, and the Ministry of Construction to summarize opinions as a basis for deploying the project.
The project is being implemented and after the deadline for seeking opinions from ministries, community opinions will be collected.
In early June 2026, the Hanoi People's Committee issued a decision on the investor selected in special cases to implement the Project to invest in the Red River Landscape Avenue in Hanoi city in the form of public-private partnership, build-transfer (BT) contract type.
Accordingly, the consortium of investors for the Red River Landscape Avenue project includes 3 units: Dai Quang Minh Real Estate Investment Joint Stock Company, Truong Hai Group Joint Stock Company, Hoa Phat Group Joint Stock Company.
The representative of the joint venture is Dai Quang Minh Real Estate Investment Joint Stock Company.
According to the Hanoi People's Committee, the preliminary total investment of the project is about 736,963 billion VND.
The capital contribution of the investor consortium is 110,545 billion VND.
The project implementation location is in 16 communes and wards: Hong Ha, O Dien, Thuong Cat, Dong Ngac, Phu Thuong, Linh Nam, Thanh Tri, Nam Phu, Hong Van, Me Linh, Thien Loc, Vinh Thanh, Dong Anh, Bo De, Long Bien, Bat Trang.
Project implementation progress from 2026 to 2038.
Land use scale is about 11,418 ha, including the main components: Landscape avenue; landscape park, entertainment; urban development land areas; water surface land; technical infrastructure land and other land.
In which, divided into 5 groups of projects: 4 groups of construction investment projects (including 18 component projects) and 1 group of independent site clearance projects.
