Hanoi targets urbanization rate to 65% by 2030
The city's urban development program by 2035 has been submitted to the municipal People's Council for consideration.
Hanoi targets a 60% urbanization rate by 2025
Capital to invest in building hospitals and smart urban areas among other initiatives.
HSBC: Vietnam likely to lead ASEAN in infrastructure development
HSBC believes that given it regularly invests heavily in infrastructure development, equal to 6 per cent of GDP each year, Vietnam is likely to lead the ASEAN region in this regard. To sustain strong economic growth and adapt to rising urbanization, the country needs to continue upgrading and expanding its existing infrastructure.