HCMC – Authorities in Hanoi have approved an investment policy for the Red River Scenic Boulevard project, a massive urban and infrastructure development plan which requires an estimated VND737 trillion (around US$28 billion).
The resolution was passed on May 11 during the second thematic session of the 17th Hanoi People’s Council.
The project, covering more than 11,400 hectares, is considered the largest urban infrastructure and redevelopment initiative ever undertaken in the capital. It aims to implement the Politburo’s long-term development strategy for Hanoi through 2030 with a vision to 2045, while aligning with the capital’s 100-year master plan.
The project is expected to transform urban areas along the Red River and reshape the city’s riverfront landscape over the coming decades.
According to the proposal, the project will include two boulevards running along both banks of the Red River with a combined length of around 80 kilometers, including 45.35 kilometers on the right bank and 35 kilometers on the left bank. The routes will pass through multiple destinations, including Me Linh, Dong Anh, Bat Trang and Thanh Tri.
In addition to transport infrastructure, the project will feature large-scale ecological parks spanning thousands of hectares in areas such as Trang Viet, Tam Xa and Long Bien-Cu Khoi. River embankment works and modern urban redevelopment zones in Linh Nam and Long Bien are also planned.
The implementation period is expected to run from 2026 to 2038. During the first phase from 2026 to 2030, priority will be given to key components including the main boulevard routes, embankment systems and major public spaces described as “urban living rooms.”
During discussions, delegates stressed the need to balance urban development with heritage preservation. As the project passes through traditional villages and craft communities such as Bat Trang and Dong Ngac, officials said careful planning would be required to avoid disrupting cultural spaces and local livelihoods in the Red River Delta.
City leaders described the project as a historic opportunity to leave a lasting legacy for future generations, while calling for close consultation with experts to ensure efficient implementation, prevent waste and maintain broad public consensus.
