return icon

HCM City needs strong determination to become a regional economic hub: top leader

Party General Secretary and President Nguyen Phu Trong asked the Party Committee of HCM City to show stronger determination to build the city into a key regional economic and financial hub in draft documents of the city’s Party Congress.

General Secretary and President Nguyen Phu Trong delivers a speech at the conference with the Standing Committee of HCM City’s Party Committee held in HCM City yesterday. — VNA/VNS Photo Phuong Hoa

Trong made the request at the conference on the draft documents and human resource work plans with the Standing Committee of HCM City’s Party Committee in the city on Thursday.

Reports from the Standing Committee of HCM City’s Party Committee showed that over the past five years, the city’s economic growth rate has increased by an average of 7.6 per cent annually, contributing 22.7 per cent to the nation's GDP.

GDP per capita has reached US$6,600, 2.4 times higher than the national average. People's lives have been improved with high indicators of social security, job creation and poverty reduction. Beneficiaries and people who contributed to the revolution have been given better care.

The city has maintained political security and social order and Party-building work and the political system have applied new models and streamlined the political system's organisation.

The city has shown determination to train a contingent of cadres to meet the mission requirements in the new situation.

After listening to the report of the Standing Committee of HCM City’s Party Committee, the Politburo appraised the preparation for the 11th Party Congress in 2020-2025.

The Politburo evaluated the structure of the draft documents was reasonable but needed to reflect the results of the whole term of 2015-2020. Programmes and projects should focus on solving core and urgent problems.

The Politburo basically endorsed the city's goals, tasks and solutions in the 2020-2025 term, with a vision to 2030.

It emphasised that the city should have a long-term vision of a city in Southeast Asia, focused on removing bottlenecks hindering the economic and social development in transport infrastructure, high-quality human resources, administrative procedures, investment environment, co-operation and regional integration.

The city should continue to promote its solidarity and take advantage of opportunities to overcome difficulties and challenges to turn the city into a major economic, financial, science and technology hub of Southeast Asia.

Speaking at the conclusion of the meeting, General Secretary and President Trong said the city should continue listening to people and scientists to complete the draft documents and submit to the Party Congress.

Trong agreed with members of the Politburo about the important role of HCM City, saying it was a significant centre of economy, culture, education and training, science-technology, a hub for international exchange and integration of the region and the country.

He said the city must be a role model for localities. As a result, the city needed to show more determination in making use of its potential in the draft documents.  VNS

HCM City aims to become regional financial centre

HCM City aims to become regional financial centre

Tran Du Lich, a member of PM Nguyen Xuan Phuc Economic Advisory Council, speaks about HCM City’s wish to become a national financial centre.



NA Standing Committee adopts resolutions on establishment of administrative units

Retail oil and petrol prices fall for fifth consecutive time

Vietnam decided on Thursday to further lower retail prices of oil and petrol on Thursday, the fifth consecutive time since late June.

Vietnamese Gov’t issues national strategy to combat new cyber security challenges

Deputy Prime Minister Vu Duc Dam has ratified the national cyber security strategy in response to cyberspace challenges till 2025 with a vision towards 2030.

Vietnam to import vaccines and drugs to treat monkeypox

Drugs containing the active ingredients Tecovirimat, Brincidofvir, Cidofovir, and Probenecid are those recommended by WHO.

Finland third EU country to suspend recognition of Vietnam’s new passports

The embassy of Finland in Hanoi said the reason for the non-recognition is due to the lack of place of birth on the new passports.

Miss World 2021 Karolina Bielawska arrives in Vietnam

Reigning Miss World Karolina Bielawska arrived in Vietnam on August 10 as a special guest of the finale of Miss World Vietnam 2022 slated for August 12 evening.

VND207 trillion worth of property bonds to fall due in 2023-2024

Bad debt in the real estate sector is projected to surge as property bonds worth over VND207.8 trillion will fall due in 2023 and 2024.

More than 300 businesses attend ASEAN Online Sale Day 2022

ASEAN Online Sale Day 2022, part of activities marking the 55th founding anniversary of the Association of Southeast Asian Nations (ASEAN), kicked off on Monday, drawing more than 300 businesses from the region.

Vietnamese steel faces more trade remedy lawsuits

The Mexican Secretariat of Economy has announced an anti-dumping investigation into cold-rolled steel imported from Vietnam, according to the Ministry of Industry and Trade (MoIT).


High-quality human resources key to sustainable tourism industry

Five most beautiful villages nationwide

Leaving the busy streets of cities to go to towns with pristine beauty allows travelers the chance to experience peaceful moments once they visit the five following beautiful villages.

HCM City, Hanoi earn highest revenue from tourism

In the first seven months of 2022, localities across the country recorded a high increase in tourism revenue led by HCM City, Hanoi, Thanh Hoa, and Quang Ninh.

Message about peace from the war remembrance garden of former naval soldier

Veteran Tran Van Quan has spent a lot of effort and time collecting leftover bomb and ammo shells to create a garden of war objects offering meaningful messages.

Storm Mulan causes flight disruption in Vietnam

Several airlines were forced to either readjust or cancel their flight schedules on domestic routes on August 11 due to the impact caused by Storm Mulan which weakened into a tropical depression.

Korean singer shows love for Vietnamese destinations in new MV

Vietnam looks stunning in a music video “Waiting for You – 5,000 Years” newly released by Republic of Korean singer and composer Joseph Kwon to mark the 30th anniversary of the diplomatic relations between the two countries.