WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Industry
Hanoi, HCMC serve as growth pillars in 2021-2030 master plan
Hai Yen 17:51, 2022/09/15
Planning is the first step to setting up the fastest and most efficient route to achieve Vietnam’s development goals set for the 2021-2030 period.

Hanoi and Ho Chi Minh City would serve as the growth pillars as the Government look to drive up the development of the key Northern and Southern economic zones.

 Prime Minister Pham Minh Chinh at the conference. Source: VGP

The view was shared by the conference held on September 14 by the Appraisal Council for the national master plan for the 2021-2030 period, with a vision for 2050.

According to the council, the national master plan would be drafted with a result-based orientation focusing on development in regions of high potential until 2030.

From 2030 to 2050, the objective is to ensure harmonized and sustainable development among regions and localities.

In this context, Vietnam is expected to mobilize its resources to support the development of economic hubs, namely the triangle of Hanoi – Haiphong – Quang Ninh in the key northern economic zone, with Hanoi as the core; and the quadrangle of Ho Chi Minh City – Binh Duong – Dong Nai – Ba Ria – Vung Tau in the key southern economic zone, with Ho Chi Minh City as the growth engine.

Members of the council also agreed on the order of priority for economic zones and main industrial, and urban corridors, which will be built under the North-South axis and East-West direction, utilizing the existing network of highways, railways in connection with seaports, international airports, gateways, economic zones, key urban and growth pillars.

In this context, the priority would be to develop industrial corridors and urban areas surrounding Hanoi and Ho Chi Minh City and linked to international gateways.

The council also sets the goal of creating breakthroughs in urban infrastructure, focusing on expanding the network of transport infrastructure in Hanoi and Ho Chi Minh City, extending energy, and telecommunications with linkage to economic corridors.

Minister of Planning and Investment Nguyen Chi Dung expected the planning to provide an opportunity for Vietnam to reassess its development space in mapping out the vision for the future.

“International experience shows any country that looks for rapid and sustainable growth has to choose the right direction, method, resources, growth engines, and timeframe to reach the goal,” Dung said.

 Overview of the conference. 

“Planning, therefore, is the first step and would set up the fastest and most efficient route to achieve Vietnam’s development goals set for the 2021-2030 period,” he continued.

According to Dung, Vietnam is willing to listen to recommendations, learn international practice and mobilize all resources and collective ideas to develop the best planning possible.

Strategic vision is required in the planning process

At the conference, Prime Minister Pham Minh Chinh noted the planning process holds significant meaning for development.

“With a new mindset and strategic vision, the planning should be able to identify potentials, opportunities, and competitive edge to maximize the country’s strength in the long term, and address current shortcomings, especially in infrastructure, legal framework, international connection, and development gaps between localities,” Chinh said.

“Planning should ensure the goal of rapid and sustainable development, balancing harmonized development in terms of economy, politics, culture, society, and environment. Cultural development is equally important to other priorities,” he continued, adding Vietnam would not sacrifice social advancement and equality to pursue purely economic growth.

The Appraisal Council for the national master plan in the 2021-2030 period, with a vision to 2050, has approved the draft planning, in which seven out of 44 votes gave the endorsement without the necessity to revise, and 37 votes, or 84% expect modification as a condition for approval.

Given the result, the revised planning is now eligible for submission to the National Assembly for approval in its upcoming October session.

Deputy Prime Minister Le Van Thanh noted the approval marks a new milestone in the drafting of Vietnam’s national planning, which was first carried out since the 2017 Law on Planning took effect, and to materialize the socio-economic development strategy for the 2021-2030 period.

The planning has taken into consideration international experience, including national planning of Malaysia, South Korea, China, Indonesia, and Japan, countries with similarities and higher development levels in the region.

RELATED NEWS
TAG: hanoi planning vietnam master plan hcmc vietnam
Other news
14:47, 2024/11/15
Year-end hiring spree as Hanoi companies ramp up recruiting
In the fourth quarter, many major holidays will lead to increased hiring as companies finalize orders and anticipate new projects.
13:33, 2024/11/14
Vietnam's digital economy expected to grow big in 2024
E-commerce is expected to reach US$22 billion in 2024, leading the growth of Vietnam's digital economy.
22:03, 2024/11/13
Incheon-Hanoi conference marks milestone in tourism development cooperation
Hanoi and South Korea's Incheon aim to increase their visibility among Vietnamese and international travelers through a series of events to promote MICE (Meetings, Incentives, Conferences and Exhibitions) tourism and medical tourism to Vietnam.
14:21, 2024/11/12
Hanoi's businesses place focus on digital transformation
Businesses need to utilize digital technologies to streamline operations, increase efficiency, and provide greater value to customers.
03:04, 2024/11/08
Semiconductor market reaches $18.2 billion: SEMIEXPO Vietnam 2024
Vietnam a key player in tackling the challenges facing the global semiconductor supply chain.
15:52, 2024/11/07
Hanoi DigiTech 2024 connects businesses through digital products
The expo offers companies a chance to showcase their tech products and services while seeking strategic partners in e-commerce and digital technology.