Hanoi’s residents endure upheavals as it transforms itself to match Vietnam’s economic ambitions

Hanoi is undergoing rapid redevelopment with $2.4 billion spent in 2026 on nearly 1,500 projects, including a new ring road and flood controls. Residents like Nguyen Thi Nhan face displacement without compensation as the city builds infrastructure to support Vietnam’s economic growth, including a $28 billion Red River redevelopment and a $35.2 billion Olympic sports area by Vingroup.