Tag: Hue investment attraction

The central city of Vietnam has a strong interest in learning about climate finance mobilization mechanisms, green bond development, carbon credits, and disaster risk insurance solutions—areas where Luxembourg possesses extensive expertise.

Realized investment capital in the central city reached approximately VND12.34 trillion (over $469 million), up 26.7% year-on-year.

The Northern Urban Area 2 project is a key component of the master plan for Hue City’s northern region—an area designated to become a primary space for urban expansion in the future.

Once completed, the complex is expected to accommodate a population of around 1,800 residents.

Spanning approximately 6 ha with a total investment exceeding VND900 billion ($34 million), the facility is equipped with state-of-the-art, highly automated production lines.

Once the land is leased and handed over by the State, the investor will have a maximum of three months to finalize investment procedures, with construction expected to break ground in the fourth quarter of 2026.

Projects that yield positive environmental impacts, contribute to greenhouse gas emission reductions, and demonstrate resource efficiency are highly encouraged by the central city.

This represents a 32% increase in the number of businesses and a staggering 235% surge in capital compared to the previous year.

The central city is actively attracting investment in smart urban development, technical infrastructure, urban renovation and expansion, urban transport, and tourism services.