Prime Minister Phạm Minh Chính has recently approved the investment policy for two new urban areas in the Vân Phong Economic Zone in the central province of Khánh Hòa with a total capital of more than VNĐ65 trillion (US$2.5 billion).

The new vision for “new” Ho Chi Minh City is to become an international mega‑city—a smart, green, and creative metropolis celebrated not only for its economic strength but also for its rich cultural, artistic, sporting, and entertainment offerings, alongside a modern, dynamic lifestyle.

Alongside the development of the nearly 3,000-hectare Can Gio Coastal Tourism Urban Area, Ho Chi Minh City is ramping up the planning and construction of key transport infrastructure projects, including bridges, roads, and metro lines, toward the sea, aiming to become a large-scale coastal megacity.

Many banks are simultaneously implementing preferential credit packages for people under 35 years old to buy social housing with interest rates lower than 2% in the first five years. This policy shows priority for young people, the current main labour force, to settle down.

The National target programme on new-style rural area development has made a significant impact on the socio-economic life of tens of millions of rural residents. This achievement stems from the effective mobilisation and utilisation of resources—from the state budget to public contributions, businesses, and social organisations.

A number of major construction firms have submitted proposals to invest in expanding sections of the North-South Expressway under a public-private partnership (PPP) model, expressing strong interest and a commitment to mobilise private capital without relying on state funds.

More than 1,000 households living along the heavily polluted Văn Thánh Canal in Bình Thạnh District will be relocated as part of a major urban redevelopment project.

The Ministry of Construction has submitted a proposal to expand parts of the Eastern North–South Expressway using the Public–Private Partnership (PPP) model, with an initial focus on 18 component projects stretching over 1,144km.

Despite ambitious plans to meet rising demand for social housing, the implementation of such projects in Long An Province remains slow and far from meeting expectations, with most developments progressing well behind schedule.

Newly established Thủ Đức City under HCM City has approved nine detailed zoning plans (1/2000 scale) to guide development in the eastern part of Việt Nam’s largest city.