Society

The project serves as a pilot initiative to institutionalize innovative climate finance mechanisms in support of smallholder farmers, ethnic minority communities, and youth in Vietnam’s coastal regions to adapt to the increasingly severe impacts of climate change.

Covering a combined area of over 7,240 hectares, they are part of a broader urban development strategy aiming at modernizing infrastructure and enhancing connectivity with rural areas.

The projected 53-km metro line will cost over VND86.65 trillion (nearly $3.3 billion)

Construction of the project components and infrastructure system is expected to take place from Q4 2025 to Q4 2028.

It is also a crucial hub for tracing the origin of exploited aquatic products, meeting requirements for combating IUU (Illegal, Unreported, and Unregulated) fishing.

Total investment capital increasing to over VND16.2 trillion ($619 million).