Head of the Central Policy and Strategy Commission Nguyen Thanh Nghi requested Ho Chi Minh City to proactively implement new specific mechanisms and policies for the city to create a breakthrough in the growth model based on knowledge and innovation.

On the afternoon of January 9, the working delegation of the Central Policy and Strategy Commission and the Standing Committee of the Steering Committee for building the project on strategic solutions to promote in the new era – the era of the Vietnamese nation’s rise associated with the review of Resolution 05 of the 12th Party Central Committee had a working session with the Standing Committee of the Ho Chi Minh City Party Committee.

Ho Chi Minh City still faces challenges from competition in attracting investment

The meeting was chaired by the Head of the Central Policy and Strategy Commission and the Deputy Secretary of the City Party Committee, Chairman of the Ho Chi Minh City People’s Committee.

According to the report, after nearly 10 years of implementing Resolution No. 05, Ho Chi Minh City and localities in the region have concretized and organized the implementation, achieving many important and relatively comprehensive results.

Thereby, contributing to promoting socio-economic development, gradually renewing the growth model and improving the quality of growth of Ho Chi Minh City.

However, Ho Chi Minh City still faces many difficulties due to incomplete infrastructure; lack of high-quality human resources; environmental pollution issues remain challenging; the wealth gap is still large.

In addition, Ho Chi Minh City also faces challenges from competition in attracting investment, adapting to climate change, ensuring cybersecurity, and preserving socio-cultural identity.

In light of this situation, the city must transform its growth model, enhance competitiveness with appropriate, flexible, and effective solutions.

At the same time, it must comprehensively restructure the development space, with a new vision as an international megacity, fulfilling the pioneering, leading, and spreading development mission for the whole country.

Focus on building Ho Chi Minh City into a major service center for the whole country

Ho Chi Minh City - Image 2.

Concluding the working session, the Head of the Central Policy and Strategy Commission assessed that Ho Chi Minh City’s implementation of Resolution 05 has achieved important results, thereby making a very large and important contribution to the country’s economic growth and development.

Analyzing the advantages and potential of Ho Chi Minh City, the Head of the Central Policy and Strategy Commission requested Ho Chi Minh City to focus on implementing strategic solutions and the city’s proposed projects and plans to promote double-digit economic growth in the 2026-2030 period.

Accordingly, Ho Chi Minh City continues to implement three strategic breakthroughs in policy and institutions; infrastructure development; and human resource development.

Among these, continue to focus on resolving and definitively handling long-standing difficulties and obstacles for projects, works, and land to quickly unlock resources for development.

Ho Chi Minh City implements National Assembly Resolution 260 on amending and supplementing a number of articles of Resolution No. 98 on piloting a number of specific mechanisms.

He also requested Ho Chi Minh City to proactively implement new specific mechanisms and policies for the city to create a breakthrough in the knowledge-based, innovative growth model; focus on organizing the implementation and successful development of new economic models, creating new growth momentum.

At the same time, focus on well-performing urban planning and governance, developing the city according to the Transit-Oriented Development (TOD) model; effectively promote the new development space of Ho Chi Minh City “one center, three regions, one special zone”; promote new growth drivers, develop service strengths.

In parallel, Ho Chi Minh City also accelerates the restructuring of economic sectors, focusing on building Ho Chi Minh City into a major service center for the whole country and the region with high-end, modern service industries.

The Head of the Policy and Strategy Commission also emphasized building the Ho Chi Minh City Free Trade Zone to mobilize resources, attract strategic investors, and promote the development of priority areas such as finance, trade, high-quality services, and research & development (R&D), thereby enhancing the city’s international competitiveness.

At the same time, focus on developing science – technology, innovation, and digital transformation: building large data centers meeting international standards; forming science and technology parks, research centers, and laboratories meeting

Ho Chi Minh City

Ho Chi Minh City, formerly known as Saigon, is Vietnam’s largest city and economic hub. It served as the capital of French Indochina and later South Vietnam, playing a pivotal role during the Vietnam War before its capture in 1975, which led to its renaming in honor of the revolutionary leader. Today, it is a dynamic metropolis where French colonial architecture, such as the Notre-Dame Cathedral Basilica, stands alongside modern skyscrapers.

Central Policy and Strategy Commission

The Central Policy and Strategy Commission is a key internal body within the Chinese Communist Party (CCP), responsible for researching and formulating major policy directions and strategic decisions. Historically, such commissions have played a central role in guiding the Party’s long-term planning and ideological development, though its specific organizational history and deliberations are typically not part of public records.

Resolution 05

“Resolution 05” is not a widely recognized historical place or cultural site. It is likely a reference to a specific resolution, motion, or document (potentially from a government, organization, or event) rather than a physical location. Without additional context on its origin—such as the issuing body or country—a meaningful historical summary cannot be provided.

Resolution 260

“Resolution 260” refers to United Nations General Assembly Resolution 260 (III), adopted on December 9, 1948. This landmark resolution, also known as the Convention on the Prevention and Punishment of the Crime of Genocide, was a direct response to the atrocities of the Holocaust and formally defined genocide as an international crime. It established a legal framework for the prosecution of genocide, obligating signatory states to prevent and punish the crime.

Resolution No. 98

“Resolution No. 98” is not a specific place or cultural site, but rather a legislative or administrative document. Without a specific country or context (e.g., Vietnam’s Resolution No. 98/2023/QH15 on pilot mechanisms for Ho Chi Minh City), it is impossible to provide a meaningful summary. To assist you, please provide the full name and country of origin for the resolution in question.

Ho Chi Minh City Free Trade Zone

The Ho Chi Minh City Free Trade Zone is a planned special economic area within the city, designed to attract foreign investment and boost trade by offering preferential policies and streamlined regulations. While still in development, it builds on the legacy of Vietnam’s broader “Doi Moi” economic reforms initiated in the 1980s, which opened the country to global markets and established other key industrial and export processing zones.

Transit-Oriented Development (TOD) model

The Transit-Oriented Development (TOD) model is an urban planning concept that designs dense, walkable, mixed-use communities centered around high-quality public transit stations. Its history is rooted in late 20th-century efforts to combat car-dependent sprawl, drawing inspiration from traditional city designs and significantly advanced by urban planner Peter Calthorpe in the 1990s. The goal is to reduce reliance on private vehicles, promote sustainable living, and create vibrant, accessible neighborhoods.

National Assembly

The National Assembly is the legislative body of France, established during the French Revolution in 1789 when the Third Estate declared itself a sovereign assembly. It symbolizes the birth of modern French democracy and today is the lower house of the French Parliament, meeting in the Bourbon Palace in Paris to debate and pass laws.