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CPV chief urges HCM City to achieve stronger growth

General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong has urged Ho Chi Minh City to be proactive in gaining support and assistance from other sectors for its stronger growth.
CPV chief urges HCM City to achieve stronger growth ảnh 1General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong speaks at the meeting (Source: VNA)
Hanoi (VNA) – General Secretary of theCommunist Party of Vietnam (CPV) Nguyen Phu Trong has urged Ho Chi Minh City tobe proactive in gaining support and assistance from other sectors for its strongergrowth.

He was addressing a meeting between the Politburo and the HCM City PartyCommittee’s Standing Board on October 19 to review the five-year implementationof the Politburo’s Resolution No. 16-NQ/TW on orientations and tasks fordevelopment of the southern metropolis.

HCM City is a special urban area, a big economic, cultural, educational andtraining and scientific and technological centre, a destination ofinternational exchanges and integration, and a driver of the southern keyeconomic region. Holding an important political position, the City has madecrucial contributions to the country’s nation-building, renewal and integrationefforts, he stressed.

HCM City should roll out suitable, feasible, effectivedevelopment roadmaps by 2020 and beyond, he said.

He gave the green light to the city to pilot issues relating to mechanisms, aspecialized policy and management decentralization emerging during itsdevelopment process, for which the State’s regulations are yet to cover or theexisting State regulations are no longer suitable for application.

However, he said, the pilot implementation must be conducted under thesupervision of the Government, especially when it comes to major and sensitivematters.

The General Secretary noted that HCM City will have stronger power in publicfinancial administration, budget management, planning and investment, andpersonnel work.

The Politburo will issue Conclusion on the continuous implementation of ResolutionNo. 16-NQ/TW after this working session, he said.

At the meeting, the municipal Party Committee’sStanding Board reported that in 2011-2015, HCM City’s gross domestic product(GDP) rose by 9.6 percent annually on average, 1.63 times higher than thecountry’s average and 1.5 times higher than the target set by the Resolution.

In 2016, its gross regional domestic product (GRDP) growth rate reached 8.05percent, 1.3 times higher than the nation’s number, and its GRDP per head stoodat 5,122 USD, 2.37 times higher than the country’s figure.

The city has also made big strides in urban infrastructure planning, managementand development, education-training, scientific and technological research andapplication, culture, health care, social welfare, external affairs, Partybuilding and administrative reform.

Expanded external relations and international cooperation have raised theCity’s prestige and position at home and abroad.

However, several participants pointed out that the City’s economic growth,foreign direct investment attraction and exports were still belowexpectations.-VNA 
VNA

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