Ho Chi Minh City needs a new special mechanism to operate the megacity after the merger.

(HTV) - After the merger, Ho Chi Minh City became a megacity with an economic scale of 2.7 quadrillion VND GRDP. National Assembly delegates suggested that a new specific mechanism is needed for the city to promote its advantages and meet governance requirements in the expansion development phase.

Resolution 98: An important foundation, but no longer enough for new megacities

After more than 2 years of implementation, Resolution 98 has brought about clear results: 36/44 groups of mechanisms and policies have been implemented , contributing significantly to the economic recovery process after the COVID-19 pandemic. The Resolution also laid a legal foundation to help Ho Chi Minh City transform in a new development phase, especially when the urban space expanded with the merger with the two provinces of Binh Duong and Ba Ria - Vung Tau .

Ho Chi Minh City becomes Vietnam's first megacity, requiring more innovative mechanisms and policies.

However, according to National Assembly delegates, the expansion of administrative areas creates new requirements beyond the scope of the current Resolution 98, requiring a more flexible and compatible legal framework.

Mr. Tran Hoang Ngan - Delegation of National Assembly of Ho Chi Minh City

Mr. Tran Hoang Ngan - National Assembly Delegation of Ho Chi Minh City, emphasized: "With such a large area, the city really needs a compatible institution, promoting decentralization - delegation of power to handle work flexibly, quickly, save time and avoid waste".

It is impossible to operate a megacity using the old mechanism.

Many National Assembly delegates believe that Ho Chi Minh City is taking on a new responsibility: not only being an economic locomotive but also a megacity with an expanded role in all three pillars of economy - culture - society. Therefore, an open and transparent mechanism is an urgent requirement.

Ms. To Thi Bich Chau - Delegation of National Assembly of Ho Chi Minh City

Ms. To Thi Bich Chau - National Assembly Delegation of Ho Chi Minh City, shared: "Current Resolution 98 is not enough to operate a large metropolis like Ho Chi Minh City . If we want to attract domestic and foreign investors, the city needs a more open mechanism to proactively mobilize resources."

Meanwhile, some post-merger legal regulations have become outdated and no longer suitable for current scale and governance needs.

Ms. Pham Khanh Phong Lan - Delegation of National Assembly of Ho Chi Minh City

Ms. Pham Khanh Phong Lan - National Assembly Delegation of Ho Chi Minh City, commented: " Ho Chi Minh City is much larger than before. Some current legal mechanisms are outdated and need to be updated to increase initiative, reduce administrative procedures and promptly meet development requirements."

Institutional improvement - a key condition for new infrastructure and development space