PM asks for more favourable policies to push up HCM City’s development
Prime Minister Pham Minh Chinh has asked ministries and agencies to soon submit policies to the government for approval to remove obstacles and create favourable conditions for Ho Chi Minh City to develop quickly and sustainably.
Prime Minister Pham Minh Chinh speaks at the meeting. (Photo: VNA)
HCM City (VNA) - Prime Minister Pham Minh Chinh has asked ministries and agencies to soon submit policies to the government fo𓂃r approval to remove obstacles and create favourable conditions for Ho C🐭hi Minh City to developquickly and sustainably.
PM Chinh, who is head of the steering committee for the implementation of the NationalAssembly’s Resolution 98/2023/QH15 on piloting some specific mechanismsand policies for the development of HCM City, made the request at the firstmeeting of the steering committee held on November 26. HCM City has an important position and role, distinct potential, outstandingopportunities, competitive advantages and a large space for development, hesaid. PM Chinh held that after more than four months of implementing the resolution, the mindset,awareness, and approach to the city's development have been innovated andenhanced, thus promoting HCM City's socio-economic development. The PM requested leaders of some ministries and agencies to be moreproactive and boost coordination while implementing the resolution, stressing that problems should be solved in a morecomprehensive and drastic manner. Regarding key tasks and solutions in the future, the Government leader askedHCM City to deploy specific policies, explore potential andadvantages as well as exploit its strategic location. He asked the city to speed up administrative procedure reforms, study andpropose policies to encourage investment in the city, creating favourableconditions for domestic and foreign-invested enterprises. The Ministry of Finance was assigned to quickly complete documents about loaninterests with reasonable profits, payment methods and regulations on exemptingcorporate income tax and personal income tax related to innovation and start-upactivities. He requested the Ministry of Home Affairs to soon complete documents aboutelection, recruitment, management and use of civil servants working incommunes, towns and ward officials of the city.
An overview of the first meeting of the steering committee for the implementation of the National Assembly’s Resolution 98/2023/QH15 on piloting some specific mechanisms and policies for the development of HCM City. (Photo: VNA)
As for rooftop solar power systems, the PM assigned theMinistry of Industry and Trade to coordinate with other ministries to realise theinstructions of Deputy PM Tran Hong Ha in Notice No 461/TB-VPCP dated November8 this year which referred to building a decree on mechanisms and policiesrelating to the development of rooftop solar power in residents' houses,offices, and industrial parks. The plan should be completed and submitted to the Government before the endof next month. He requested the Ministry of Transport and the Ministry of Natural Resourcesand Environment to work with concerned agencies to research andsupplement the construction planning for Can Gio International TransshipmentPort.
The Ministry of Planning and Investment (MPI) will take charge of developinga project on building a regional and international financial centre in HCM Cityand submit it to the PM for consideration.
The Ministry of Labour, Inv🍸alids and Social Affairs will work with HCM Cityto decide the city's poverty standards.
Regarding the capital budget for large works and projects, PM Chinhrequested the city, in coordination with the MPI, to propose keyprojects. Ministries and agencies are supposed to support HCM City in arrangingcapital to implement urban railway projects and promote regionalconnectivity projects such as expanding HCM City-Trung Luong Expressway and HCMCity-Long Thanh-Dau Giay Expressway. He agreed to pilot policies and mechanisms to encourage innovation andentrepreneurship for HCM City. As Sai Gon River is an invaluable asset bestowed bynature, PM Chinh asked HCM City and relevant agencies and localities to set up a masterplan for socio-economic development associated with protecting the landscapeand ecological environment along the river./.
Ho Chi Minh City’s financial sector has forecast that the southern economic hub’s budget revenue collection may face a shortfall of 4-5% this year as compared to the assigned estimate, mainly due to a decrease in revenue collection from import-export activities.
Its stable political system, large workforce and high purchasing power make Vietnam an ideal destination for investors seeking M&A opportunities, the Global M&A Partners Conference heard in Ho Chi Minh City on November 13.
Ho Chi Minh City topped the first-ever Vietnam Provincial Logistics Competitiveness Index (LCI) 2022, followed by Hai Phong, Binh Duong, and Ba Ria – Vung Tau and Hanoi, according to a report recently announced by the Vietnam Logistics Association (VLA).
Ho Chi Minh City has set a target of welcoming 6 million foreign visitors who will spend around 190 trillion VND (7.8 billion USD) next year, according to the municipal Department of Tourism.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
Prime Minister Pham Minh Chinh speaks at the meeting. (Photo: VNA) 
An overview of the first meeting of the steering committee for the implementation of the National Assembly’s Resolution 98/2023/QH15 on piloting some specific mechanisms and policies for the development of HCM City. (Photo: VNA) 
