Marine economy and urban areas would be a new development engine of Ho Chi Minh City. (Photo: )
HCM City (VNA) – Marine economy and urbanareas would be a new development engine of Ho Chi Minh City, experts have said.
Many scientists at a workshop in HCM City on March30 suggested the southern metropolis identify its development model as well ashow to connect with other localities for mutual development, towardssustainability.
They emphasised the need to devise regionalinstitutions and conduct regional coordination as best as possible.
Vo Van Hoan, Vice Chairman of the municipal People’sCommittee, said HCM City should become a service centre with internationalcompetitiveness, looking towards new economic models such as green marine economy.
A strategy is needed to spur the development of thelocal sea-based economy and urban area chain, making them connected regionallyand globally, he said.
Shifting the marine economic model in the coastaldistrict of Can Gio towards ecological environment conservation and humanitywould be a breakthrough of the city, according to the official.
At the workshop (Photo: VNA)
There is an evitable need for HCM City to turn itselfinto a hub of finance and commercial services of regional and internationalstandards, he said.
Dr. Nguyen Duc Hien, deputy head of the PartyCentral Committee’s Economic Commission, said Vietnam has a coastline of morethan 3,600km, covering 28 out of 63 cities and provinces.
The coastal localities make up 58.2 percent ofnational FDI, 36.6 percent of the country’s export-import value and 58 percentof total enterprises in Vietnam, he said, stressing their important role innational economic development.
HCM City has proven its locomotive role in thisregard for many years, he said./.
Ho Chi Minh City is striving to earn 70 billion USD in export turnover by 2025 and 108 billion USD by 2030, and maintain an average annual export growth of 9 percent during 2026-2030.
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The CPI in the southern economic hub of Ho Chi Minh City inched down 0.33 percent in March against February, according to the city’s Statistics Office.
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Marine economy and urban areas would be a new development engine of Ho Chi Minh City. (Photo: ) 
At the workshop (Photo: VNA) 
