Fast and sustainable development city. Ho Chi Minh – Lesson 3: Creating new dynamics

Entering the period 2020-2025, Tp. Ho Chi Minh determined to continue to maintain the leading economic role of the country and take the lead in implementing the new growth model.

Rapid and sustainable development on the basis of scientific research and strong application of science and technology, innovation and labor productivity increase, is the largest creative start-up center in the country, at the forefront of to take advantage of the opportunities of the Fourth Industrial Revolution, strongly develop the digital economy, the sharing economy, and the circular economy.
Resolution of the City Party Committee’s Congress. Ho Chi Minh City term 2020-2025 clearly states: Continue to improve the quality of growth, rapidly develop key economic sectors with high added value.

Synchronously implementing solutions and supporting policies, strongly applying science – technology and innovation to increase labor productivity, increase the proportion of TFP (Total Factor Productivity) in the GRDP structure (Gross product in the area) to promote the city’s economy to develop rapidly and sustainably.
To concretize the above goal, the city focuses on promoting the role of the highly interactive creative urban area in the East of the city, as a new driving force for economic development in the period of the Industrial Revolution. private.

Deploying a circular economy model, a sharing economy in line with the development trend of the digital economy, the Fourth Industrial Revolution and development practice of the city.

Create a favorable environment, equal competition between the sharing economy and the traditional service business model. Develop a green economy, increase the use of renewable energy instead of traditional energy.
According to Mr. Nguyen Thanh Nha, Director of Department of Planning and Architecture City. Ho Chi Minh City, highly interactive creative urban areas are urban areas developed in clusters of economic sectors, concentrated in a geographical space.

By attracting and arranging research institutes, industries of industrial activity, nurturing networks of production, collaboration and connection will increase the interaction and success of new, emerging ideas of making a new style to create an economic breakthrough for the city. Ho Chi Minh.
Along with that, the city focuses on developing financial services, banking, tourism, commerce, logistics, which are the strengths of the city and have high added value; planning service infrastructure, reserve appropriate land area to meet the development needs of branches.

Currently, the city is implementing the City Development Project. Ho Chi Minh City will become the financial center of the country and Asia in the period 2020 – 2030.
Ms. Dang Minh Phuong, Vice President of Vietnam Logistics Association (VLA), said, now City. Ho Chi Minh City plays an important role as an important import-export gateway of the Southern region.

However, infrastructure planning has not applied a macro approach, not in the direction of multimedia and synchronization.

To promote the advantages of its position, Tp. Ho Chi Minh City needs to develop a development strategy, to stimulate demand for logistics to become a key service industry not only of the city. Ho Chi Minh City but also of the South.
According to Ms. Dang Minh Phuong, the city needs to allocate land funds to develop the logistics industry, connecting national highways and roads leading to ICDs (dry ports).

In addition, the city should focus on public investment to reduce traffic jams in the city through solutions such as speeding up the construction of the metro line, improving the railway line, focusing on the development of seaport infrastructure. (90% of imported and exported goods of our country are by sea).
Meanwhile, Dr. Dinh Cong Khai, Director of the Institute of Public Policy, University of Economics, HCMC. Ho Chi Minh analyzed, Tp. Ho Chi Minh City does not have a strong point in producing products for export, but only a place to export goods to neighboring areas in the southern region.
However, thanks to its favorable geographical location, the city. Ho Chi Minh City can still play the role of an export gateway for the Southeast, the Mekong Delta, the Central Highlands, the Central Coast and Southeast Asia.
In addition, the city’s export infrastructure system is quite complete and synchronous, human resources are abundant in quantity and relatively in quality, and the favorable business environment is the attraction. FDI investment projects for export.
According to Dr. Dinh Cong Khai, the city’s export commodity structure has also shifted towards increasing the provision of export support services and the export of intangible goods (software, digital content products). ; focus on developing groups of export support services (finance, banking, insurance, infrastructure, logistics, trade fairs, financial services, legal …).

At the same time, prepare the technological foundation and human resources to be able to produce and export engineering sectors related to electronics, mechanical assembly, manufacturing, automation, specifically design , manufacturing tools, components for other industries.
Implementing the contents of the Resolution XI of the City Party Committee, the City People’s Committee is speeding up the building of groups of city development programs. Ho Chi Minh City in the coming time in the direction of: strongly reforming management, especially leading and attracting private and foreign investment, strengthening dialogue with businesses and catching up with communal needs. Assembly, Marketing

Source: bnews

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