Politburo discusses results of resolution on HCMC’s development

Ho Chi Minh City is expected to develop into a modern service-industrial city and be a driving force for Vietnam’s digital economy and digital society as well as an economic, financial, trade, science, technology and cultural center of Southeast Asia with deep and extensive international integration by 2030 under Resolution No. 16-NQ/TW.

Party General Secretary Nguyen Phu Trong chaired a Politburo meeting on December 2 to review the ten-year implementation of the resolution on orientations and tasks for the development of Ho Chi Minh City to 2020 and 2030 with a vision to 2050.

By 2045, the city is to have become an economic, financial, and service center in Asia, an attractive global destination with distinctive economic and cultural development and high quality of life, and a developed city on par with major cities around the world.

Its economic scale rose 2.7-fold in the 2010-2020 period, while its per capita gross regional domestic product (GRDP) doubled. The city’s economic structure has been transformed, with greater contributions from the industrial and service sectors and high-tech agriculture.