Hanoi Approves Hoan Kiem Lake Redevelopment with Proposed Investment of VND 22.229 Trillion
On October 28, 2026, the Hanoi People's Council approved the investment proposal for the redevelopment of Hoan Kiem Lake and its surroundings. Preliminary investment totals approximately VND 22.229 trillion across land acquisition, an underground commercial center and municipal facilities. Completion is expected in 2029.
