Ho Chi Minh City wants to 'join hands' with high-tech enterprises to develop infrastructure

Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen talks with businesses attending the seminar - Photo: QUANG DINH

At the seminar, business representatives expressed recommendations regarding financial centers, exhibition centers, green strategies for the city as well as removing obstacles for private investment and creating an investment environment...

Proposal to open a project information portal in need of funding

Opening the discussion, Mr. Vo Van Hoan - Vice Chairman of the Ho Chi Minh City People's Committee - listed a series of projects for the planning of Ho Chi Minh City in the new period, such as: the railway system of about 350km that the Government is determined to complete within 10 years; the Can Gio international port project, the international financial center in Thu Thiem, industrial parks, the 500ha park project in Cu Chi, a series of social housing projects, socialized healthcare, education...

"Enterprises that are interested should participate and promote the process. The city mainly calls for applied technology and high-tech enterprises, not normal enterprises.

Ho Chi Minh City is accelerating its development to become the leading locality in the country, with double-digit growth from 2025. Ho Chi Minh City hopes that businesses can participate and learn more about the city's planning during the process," Mr. Hoan emphasized.

Mr. Le Hong Minh - Chairman of the Board of Directors of VNG Corporation - spoke at the seminar - Photo: QUANG DINH

Mr. Le Hong Minh - Chairman of the Board of Directors of VNG Company - expressed his opinion that when Ho Chi Minh City forms a global financial center, it needs a different strategy and used the story of Singapore, the largest financial center in Southeast Asia, as evidence.

"Instead of competing with Singapore, Ho Chi Minh City needs to cooperate and supplement, focus on the global regional market, and have a favorable business environment and clear legal framework...

The breakthrough proposal for Ho Chi Minh City is to consider the financial center as an independent area, serving companies oriented to the global market, being treated as companies operating abroad, officially using English, having the right to approve and support many global financial leaders...", Mr. Minh proposed.

Responding to this issue, Mr. Hoan said the Government is preparing a legal framework for the financial centers of Ho Chi Minh City and Da Nang, but the general spirit is that the financial zones operate specially and independently, with their own management regulations and policies, and businesses investing in them need to follow their own policies.

Mr. Nguyen Hai Linh - owner of Elisa restaurant ship - proposed opening a portal for projects in need of funding - Photo: QUANG DINH

Meanwhile, Mr. Nguyen Hai Linh - owner of the Elisa restaurant ship - proposed opening a portal for projects in need of funding; establishing a subcommittee to resolve difficulties for businesses, building a suitable reception process with decentralization.

Speaking more about the story of businesses accompanying and sponsoring, Mr. Linh shared: "Businesses accompany and sponsor with all their heart, but hope the city will acknowledge who is the sponsor, to open up and lead to more sponsored projects."

Mr. Hoan said the State has a policy to support investment stimulus, the State will compensate interest rates for businesses.

Many city challenges need to be addressed

Mr. Nguyen Quoc Khanh - Chairman of AA Architecture Construction Joint Stock Company - said that the wood industry contributes to the city and the exhibition contributes to the development strategy, export and tourism, transportation, retail. Countries around the world organize exhibitions to bring in huge revenue.

Mr. Khanh cited the fair in Guangzhou, China with a scale of 1.8 million ^m2 with more than 60,000 booths; Singapore has a national exhibition center with an area of ​​100,000 ^m2 with modern infrastructure and utilities; in Hanoi, there is a new exhibition center being built by Vingroup with 300 hectares, expected to be operational in July 2025.

"While Ho Chi Minh City only has one center, the Saigon Exhibition and Convention Center (SECC), with an area of ​​20,000 ^{square meters} , this is a big challenge for Ho Chi Minh City in its leading role. I recommend building a large exhibition center for the city," said Mr. Khanh.

Admitting that the city's difficulty is that the exhibition center is not large enough, Mr. Hoan informed that the city has made calculations in its planning, with 4 or 5 points designated for the exhibition center.

Ms. Le Thi Thu Thuy - Vice President of Vingroup Corporation, General Director of VinFast Global - proposed 5 green solutions for Ho Chi Minh City - Photo: QUANG DINH

Setting out a green strategy for Ho Chi Minh City, Ms. Le Thi Thu Thuy - Vice President of Vingroup Corporation - assessed that Ho Chi Minh City's traffic emissions are sometimes the most polluted in the world. Ms. Thuy proposed 5 solutions.

For example: it is necessary to establish low-emission zones, collect fees for gasoline and diesel vehicles by 2030; expand electric buses in public transport; promote infrastructure for electric vehicle development; develop policies to convert delivery vehicles and taxis to electric vehicles and Vingroup is ready to support with policies; propose that Ho Chi Minh City pioneer the carbon credit market from transportation.

Looking directly at the recommendations from Vingroup, Mr. Hoan said the two sides have discussed but not yet reached a conclusion.

"We need to discuss the project of converting public buses, delivery vehicles, charging stations... Vingroup is very busy in other places but is a bit slow in Ho Chi Minh City. Vingroup has an open mind and also needs to connect remote areas of the city. Vingroup is investing heavily in Can Gio, so the cars entering the green district are only electric cars, the trains running in the forest are only electric," Mr. Hoan suggested back to the Vingroup representative.

One-stop project records center will be formed.

Regarding the issue of removing obstacles for private enterprises and creating an investment environment raised by Mr. Le Hoang Chau - Chairman of the Ho Chi Minh City Real Estate Association, Mr. Hoan said he would propose shortening the procedures for private investment projects. The Chairman of Ho Chi Minh City has directed the establishment of a one-stop project document reception center, directors of relevant agencies sit down to analyze and guide investors in resolving problems, then each agency will have specific instructions, instead of going to many agencies...

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Source: https://tuoitre.vn/tp-hcm-muon-bat-tay-voi-doanh-nghiep-cong-nghe-cao-de-phat-trien-ha-tang-20250329151535238.htm