Hanoi: The mechanisms and policies designed to implement the Capital Law 2026 will not only address immediate challenges but also open up new development opportunities, laying the foundation for a modern urban governance model and enhancing Hanoi's long-term competitiveness. The statement was made by Chairman of the municipal People's Committee Vu Dai Thang while presenting a package of special mechanisms and policies to implement the law at the 4th session of the 17th Hanoi People's Council for the 2026-2031 term on June 12.
According to Vietnam News Agency, the new Capital Law 2026 aims to transform Hanoi's approach to urban governance and development. The law introduces a range of special mechanisms and policies that are expected to tackle existing urban challenges while also fostering new growth opportunities. This strategic shift is intended to position Hanoi as a leader in modern urban management, with a focus on sustainability and innovation.
The initiatives under the Capital Law 2026 will address critical areas such as infrastructure development, public service delivery, and economic competitiveness. By streamlining governance processes and encouraging investment in key sectors, Hanoi seeks to build a resilient urban environment that can adapt to future challenges and opportunities.
The law reflects a commitment to enhancing Hanoi's appeal as a dynamic and forward-thinking city. By adopting these new policies, the municipal government aims to create a robust framework for future growth, ensuring that Hanoi remains competitive on both a national and international level.