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Sunday, October 5, 2025

How to spur HCMC’s maritime economy

The Saigon Times

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“The current natural, economic, and social conditions not only provide HCMC with advantages for seaward development but also place the city in a strategic position along the trans-Asia economic corridor, through the Moc Bai border gate (Tay Ninh). HCMC can supply logistics and trade services, attract tourism for the Greater Mekong Subregion, and become one of the gateways to the sea for countries in this region,” Architect Ngo Viet Nam Son told The Saigon Times. A launchpad for HCMC’s maritime economy The Saigon Times: According to the draft Political Report for the 1st Congress of the HCMC Party Committee (2025–2030 term), the maritime economy has been identified as a spearhead sector and one of the most important drivers of HCMC’s economy. How do you view this orientation? With the current conditions, is it feasible to designate the maritime economy as a spearhead sector? Architect Ngo Viet Nam Son: This is a strategically important and highly feasible direction. HCMC already has a strategic geographic location, at the center of an urban region surrounded by provinces and cities with diverse economies. HCMC is also the hub for international economy and finance, high-quality human resources, and has always been at the forefront in […]
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