Ho Chi Minh City (Photo: http://www.ubvk.hochiminhcity.gov.vn) |
Ho Chi Minh City is a driver of the national economy. After 5 years implementing the Politburo’s resolution on development direction and tasks until 2020, the city achieved an annual GDP growth of 9.6%, 1.6 times higher than the national growth, and per capita income of 5,122 USD, 2.3 times the national average. But the city is facing numerous challenges: traffic, flooding, health care, education, unstable labor, and a booming population. To address the problems, the government sees the need for better, more specific mechanisms.
Nguyen Thi Mai Hoa is a National Assembly deputy for Dong Thap province: “Ho Chi Minh city should have worked out specific policies a long time ago. It’s a mega city and it needs customized policies to realize its potential. “
Vu Hong Thanh, a NA deputy for Quang Ninh province, offers his view on how to optimize Ho Chi Minh City’s resources: “Ho Chi Minh city has the land and financial resources to boost its growth and pay off its debts. It’s now a matter of using its resources effectively.”
If approved by the National Assembly, the proposed specific mechanisms for Ho Chi Minh City will be piloted for five years.