Hanoi is on a $2 billion spree, launching 1,500 projects in just six months as it reshapes itself into a futuristic capital—yes, bigger than central Paris—with Olympic stadiums and flood-fighting infrastructure. But behind the gleaming towers, families lose homes, street vendors vanish, and property prices soar, leaving residents grappling with displacement and rising costs. Experts warn this high-speed transformation risks erasing Hanoi’s soul, all while developers pile on debt and the city’s soul gets buried under concrete.
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