PM asks to accelerate key projects to promote growth for Southern Region

Prime Minister Pham Minh Chinh has requested relevant ministries, agencies and localities to take measures to accelerate key infrastructure projects in the Southeastern Region to further boost its growth.

The PM made the request during the fourth meeting of the Coordinating Council for the Southern Region, held in Ho Chi Minh City on August 10, under his chair.

The Southern Region, which consists of Ho Chi Minh City and 5 southern provinces - Tay Ninh, Binh Phuoc, Binh Duong, Dong Nai and Ba Ria - Vung Tau, is one of the two regions in South Vietnam. The other is the Mekong Delta. 

The Coordinating Council for the Southern Region is headed by PM Pham Minh Chinh

PM Chinh instructed them to identify legal bottlenecks to propose amendments, speed up public investment disbursement, promote innovation and application of science and technology and enhance training of high-quality human resources.

He pointed to the need to promote the three traditional growth drivers, namely investment, export, and consumption, along with the new ones, including innovation, science - technology, green transition, digital transformation, and new industries like semiconductor, artificial intelligence, and cloud computing.

The Government leader requested close coordination among ministries, sectors, and the localities to tackle difficulties and facilitate development.

During the first seven months of 2024, the southern region posted an economic growth of 5.58%, lower than the national average. Exports were valued at $59.2 billion, equivalent to 31% of the country’s total.