VietNamNet Bridge - By 2030, Vietnam will have the first megacity: HCM City and by 2025, there will be 1,000 urban areas, according to a special research report from FPT Securities Joint Stock Company (FPTS).

Decisions 445/2009/QD-TTg and 1659/2012/QD-TTg identified the national urban development program of Vietnam to 2020 and the vision to 2025.

In particular, the urban centers are arranged on the basis of six national socio-economic areas: the midland and northern mountainous region (14 provinces), the Red River delta (11 provinces and cities), the north central region and central coast (14 provinces), highlands region (5 provinces), Southeastern region (6 provinces) and the Mekong Delta (12 provinces).

Decisions 445 & 1659 also specify the tremendous urban centers will be the capital of Hanoi, Ho Chi Minh City, Hai Phong, Vinh, Hue, Da Nang, Quy Nhon, and Can Tho. They will be organized into urban clusters, with the protection perimeter to minimize the concentration of population and economic facilities, which can lead to the disruption of ecological balance, and the formation of megacities.

Under the impact of urbanization, the shift of labor from rural to urban areas in search of work is inevitable, bringing about an urgent need for housing.

The urban population began to boom in 2000 and the growth rate is forecast to last for more than 50 years.

In 2025, the total population of Vietnam is expected to be 99.33 million.

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