The Vietnamese capital city Hanoi will pour in some 1.8 trillion Vietnamese dong (nearly 80 million U.S. dollars) to mitigate traffic congestion and ensure road safety in the 2021-2025 period, according to a target plan recently approved by the municipal legislature.

With the money allocated from its budget over the five-year term, Hanoi targets to resolve seven to 10 traffic congestion hotspots each year.

It will timely eliminate black spots in traffic accidents to cut traffic accidents by between 5 and 10 percent per year in terms of cases, number of deaths and injuries, local media Vietnam News cited the program by Hanoi People's Council as reporting on Friday.

To achieve the goals, local authorities figured out solutions including relocating residents out of urban areas in order to reduce population density, improving public transport capacity, gradually limiting private vehicles in the long term, as well as applying technologies in traffic management.

Notably, industrial production sites causing environmental pollution, universities, vocational schools, and administrative units are set to be relocated out of the city's center to increase land funds for traffic activities.

Also, Hanoi will build an online digital traffic map to serve the management, operation and regulation of traffic and develop a smart parking spot search software to help people find and pay parking spots conveniently, according to the plan.