By 2030, Ho Chi Minh City's average GRDP per capita will be about 14,500 USD.

Developing Thu Duc city to become the nucleus to promote the socio -economic development of Ho Chi Minh city

The resolution sets the goal that by 2030, Ho Chi Minh City will become a civilized, modern, humane, dynamic and creative city with high-quality human resources; a modern service - industrial city, a locomotive of digital economy and digital society; an economic, financial, commercial, cultural,educational , scientific and technological center of the country, deeply integrated internationally, with a prominent position in the Southeast Asian region. The average growth rate is about 8% - 8.5%/year; GRDP per capita is about 14,500 USD; digital economy contributes 40% to GRDP.

By 2030, the average GDP per capita in Ho Chi Minh City will be about 14,500 USD, picture 1. — By 2045, Ho Chi Minh City will develop on par with major cities in the world , becoming the economic, financial and service center of Asia.

Vision by 2045, Ho Chi Minh City will develop on par with major cities in the world, becoming the economic, financial and service center of Asia; an attractive global destination; with distinctive economic and cultural development, people with high quality of life; the nucleus of the Ho Chi Minh City Region and the Southeast Region, the growth pole of the whole country; a place to attract international financial institutions and economic corporations.

To achieve the above specific goals and targets, in the coming time, the Government emphasizes the need to restructure and improve the efficiency of agricultural production in the direction of promoting the potential and advantages of the City, developing urban and ecological agriculture; building comprehensive and sustainable rural development associated with urbanization. Developing Thu Duc City into a new growth pole, a creative and highly interactive urban area, a nucleus promoting the socio-economic development of Ho Chi Minh City.

Focus on building the City into a major service center of the country and the region with high-class and modern service industries; forming an international exhibition center; having appropriate mechanisms, policies and technical infrastructure to soon successfully build the Ho Chi Minh City International Financial Center.

Arrange and restructure the system of scientific and technological research facilities; build and develop national innovation centers, strongly promote research, development and technology transfer activities, especially core technologies, with the core being Quang Trung Software Park, High-Tech Park, Ho Chi Minh City National University, research institutes and universities closely linking training and science and technology. Strongly develop the science and technology market; have outstanding mechanisms and policies to attract talents, experts and leading scientists at home and abroad; attract multinational corporations to establish research and innovation centers in the City.

Complete the construction of national highways and intra-regional and inter-regional connecting road systems according to the plan; accelerate the investment progress of key national projects, especially belt routes 3 and 4, expressways, Ho Chi Minh City - Can Tho railway, upgrading Tan Son Nhat International Airport. Promote investment in Can Gio International Transit Port, the railway network connecting Ho Chi Minh City region...

Issuing and piloting breakthrough policies

Notably, the Resolution clearly states that it is necessary to promulgate outstanding policies and laws, promote decentralization and delegation of power, promote dynamism and creativity for the common benefit of City officials, and meet the requirements of the City's development in the new period.

In particular, effectively implementing decentralization and delegation of power to the People's Council and the City People's Committee to enhance autonomy and self-responsibility in state management in a number of areas: investment management; finance - budget; urban management, environmental resources; cultural management and social order; organization, apparatus and cadres, civil servants, public employees and workers.

Issue and pilot breakthrough policies so that the City can proactively mobilize financial resources for investment in development. Maintain the City's budget allocation rate at the current level until the end of 2025 and continue to maintain it at a level not lower in the following years, creating conditions for the City to have additional resources for key tasks and strategic breakthroughs, invest in developing key infrastructure projects and improve people's welfare, increase income for cadres, civil servants, public employees and workers.

Issue policies to promote the formation and development of the Ho Chi Minh City International Financial Center; pilot a controlled testing mechanism for technology in the financial sector and preferential policies to attract strategic investors to the International Financial Center.

Develop a breakthrough mechanism to attract investment resources for development and promote socialization in the fields of: healthcare, education and training, culture, sports, tourism, etc.; improve the efficiency of investment linkages in these fields. Pilot the selection of investors under the public-private partnership model to implement investment projects in the fields of culture, sports, science and technology.

Along with that, implement necessary mechanisms to handle investment projects and works that have been backlogged for many years due to problems with mechanisms and procedures.

Conduct a preliminary review of the implementation of the urban government model, continue to perfect the organization and apparatus of the City government to be streamlined, modern, effective and efficient; allow the City People's Council to decide on the assignment of a number of tasks according to legal regulations, within the functions of specialized departments and branches to the People's Committee of Thu Duc City, the Chairman of the People's Committee of Thu Duc City within the area of Thu Duc City; decide on the organization of the apparatus under Thu Duc City, job positions, structure of the number of cadres, civil servants, and non-professional workers in wards, communes and towns based on economic activities, population size and local characteristics.

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