- Toll collections start on five North–South Expressway sections
- Northeast Ho Chi Minh City enters a new capital inflow cycle
HCMC – Prime Minister Pham Minh Chinh has approved a comprehensive adjustment to the development plans for the country’s six socio-economic regions by 2030 with a vision toward 2050.
This strategic overhaul is designed to leverage local strengths and foster inter-regional linkages, establishing new economic powerhouses to propel Vietnam into a high-income developed nation.
The newly ratified framework provides a specialized roadmap for each region, starting with the Northern Midlands and Mountains, which will prioritize green, sustainable growth and infrastructure modernization while safeguarding the cultural heritage of ethnic communities. In the Red River Delta, the strategy establishes a premier hub for science, technology, and the digital economy, with Hanoi evolving into a sophisticated and modern capital.
The focus then shifts to the North Central region, where a sustainable marine economy and enhanced logistics will bridge the nation’s North-South corridor. Meanwhile, the South-Central Coast and Central Highlands are set to become centers for renewable energy, high-tech agriculture, and world-class tourism, ensuring the environmental integrity of the nation’s green lungs.
For the Southeast, the Government has designated it as Vietnam’s primary growth engine. Particularly, HCMC is envisioned as a civilized, modern, and highly creative metropolis, serving as a magnet for global talent, experts and scientists. The strategic planning aims to transform the city into an international financial center, attracting world-class financial institutions and global conglomerates to establish a prominent standing within Southeast Asia and compete with major Asian power cities.
To realize this vision, the development will focus on establishing key economic corridors, with top priority given to the North-South axis and the Moc Bai – HCMC – Bien Hoa – Vung Tau route. These corridors will be integrated with industrial-urban-service belts linked to the city’s beltways 3 and 4, creating a seamless and highly competitive development space for the entire Southeast region.
Finally, the Mekong Delta will transform into a high-quality international agricultural hub, with a core emphasis on climate change adaptation and sustainable water management. These adjustments are expected to create a unified development space, driving labor productivity and ensuring that key provinces reach peak national development standards by 2030.
