Planning minister urges HCMC officials to get proactive on growth

By Nguyen Long
Mon, April 17, 2023 | 4:46 pm GMT+7

Authorities in Ho Chi Minh City, where economic growth was only 0.7% in this year’s first quarter, need to proactively spur the southern economic hub’s development rather than relying on Ministry of Planning and Investment (MPI) guidance, said Minister Nguyen Chi Dung.

Fearing the consequence of possible errors, HCMC officials have been reluctant to take decisions in solving growth issues in the economic powerhouse, the MPI minister said Sunday while mentioning reasons causing current slow growth at a working meeting chaired by Prime Minister Pham Minh Chinh.

Dung said the MPI received 584 documents containing questions on administrative and legal issues from HCMC last year, to which the ministry replied with 604.

“However, most of the questions were within the city’s power to answer. This is absurd, and shows that we are afraid of responsibility.”

The minister urged city officials to change their attitude to better serve the city’s growth process.

Prime Minister Pham Minh Chinh (R) meets officials of Ho Chi Minh City on April 16, 2023. Photo courtesy of Vietnam News Agency.

Prime Minister Pham Minh Chinh (R) meets officials of Ho Chi Minh City on April 16, 2023. Photo courtesy of Vietnam News Agency.

Lieutenant General Le Quoc Hung, Deputy Minister of Public Security, said not just HCMC but many other localities have found the same situation in which local authorities have fears of responsibility.

Hung said there were many cases in which officials were overly cautious, thus consulting many departments and agencies, thus killing lots of time.

The police general noted police forces do not criminalize administrative issues, and the cases related to corruption have been handled in line with the laws to fight corruption.

Labor Minister Dao Ngoc Dung said a solution to encourage government officials to stop the attitude is to create a safe environment for them when making decisions.

Deputy PM Le Minh Khai mentioned three factors needed to help authorities get rid of the fears. A proper environment for them to make decisions, a transparent administrative process clearly stating who does what, and who signs on decisions, and a mechanism to solve problems that are not yet governed by laws.

At the meeting, PM Chinh requested the creation of a safe environment and legal corridor for officials to work, encouraging people who dare to speak, think, do, and take responsibility. At the same time, HCMC needs to completely handle the backlogs related to public officials.

"Officials need to avoid the tendencies of fear of responsibility or letting corruption happen," the PM said.

HCMC chairman Phan Van Mai said the city’s economic slowdown was due to bottlenecks in the administrative system, the pandemic's ongoing consequences, and the limitations in new growth drivers and space.

At the meeting, city representatives asked the PM to consider forming a government working group to conduct research for the city’s new driving forces and growth mechanism. Other recommendations include directions for key regional and inter-regional transport projects in the locality, as well as medical equipment for three hospitals in the city’s gateway areas of Thu Duc, Hoc Mon, and Cu Chi.

The economic hub also requested permission for a pilot program issuing electronic work permits for foreign workers in line with the digital transformation strategy.

On Saturday, PM Chinh requested HCMC to make greater efforts to accelerate the disbursement of public investment.

Comments (0)
  • Read More
Noi Bai, Tan Son Nhat airport terminals to be completed in 2025: investor ACV

Noi Bai, Tan Son Nhat airport terminals to be completed in 2025: investor ACV

The T3 passenger terminal at Tan Son Nhat International Airport in Ho Chi Minh City will be completed by April 30, 2025, two months ahead of schedule, while the expansion of the T2 passenger terminal at Noi Bai International Airport in Hanoi is slated for completion next year.

Companies - Mon, December 23, 2024 | 8:23 am GMT+7

Vietnam’s benchmark VN-Index to reach 1,400-1,420 points in 2025: broker

Vietnam’s benchmark VN-Index to reach 1,400-1,420 points in 2025: broker

The VN-Index, representing the Ho Chi Minh Stock Exchange (HoSE), may hit 1,400-1,420 points in 2025, driven by an 18% market-wide profit growth and a price-to-earnings (P/E) ratio of 12.5-13x, according to broker MBBank Securities (MBS).

Finance - Sun, December 22, 2024 | 7:52 pm GMT+7

HCMC's first metro line officially operational after nearly 2 decades

HCMC's first metro line officially operational after nearly 2 decades

The first urban railway line in Ho Chi Minh City, named Ben Thanh-Suoi Tien, officially started commercial operations on Sunday after nearly two decades of waiting.

Infrastructure - Sun, December 22, 2024 | 2:17 pm GMT+7

Vietnam's 2025 GDP to grow 6.5% on robust infrastructure investment, consumer spending recovery: VinaCapital

Vietnam's 2025 GDP to grow 6.5% on robust infrastructure investment, consumer spending recovery: VinaCapital

Domestic factors, including a ramp-up in Government infrastructure spending, a revival of the real estate market, and a recovery of consumer spending, will help sustain Vietnam's GDP growth at a circa 6.5% pace next year, in-line with the National Assembly’s official target and with 2024 GDP growth, write Michael Kokalari, chief economist at VinaCapital.

Consulting - Sun, December 22, 2024 | 2:00 pm GMT+7

Vietnam shipping, seaport stock rally driven by rosy outlook in 2025

Vietnam shipping, seaport stock rally driven by rosy outlook in 2025

Many shipping and port stocks have risen sharply since November on an optimistic outlook for the industry driven by increasing throughput and a shift in container shipping alliances in 2025.

Companies - Sun, December 22, 2024 | 10:00 am GMT+7

Singapore’s Platinum Victory seeks to raise stake in Vietnam’s REE to nearly 45%

Singapore’s Platinum Victory seeks to raise stake in Vietnam’s REE to nearly 45%

Singaporean fund Platinum Victory Pte. Ltd. has registered to buy another 16.8 million shares in Ho Chi Minh City-based utility firm Refrigeration Electrical Engineering Corporation (REE), aiming to increase its ownership to nearly 45%.

Finance - Sun, December 22, 2024 | 9:29 am GMT+7

1.8 km road connecting Lach Huyen Port terminals to be built in northern Vietnam

1.8 km road connecting Lach Huyen Port terminals to be built in northern Vietnam

The Hai Phong Economic Zone Management Board has taken a significant step forward in enhancing infrastructure around Lach Huyen Port by establishing a council to appraise the environmental impact assessment for the road connecting terminals No. 3 to No. 6.

Economy - Sun, December 22, 2024 | 8:00 am GMT+7

Hanoi TikToker internationally wanted for involving in multi-billion-dollar scam

Hanoi TikToker internationally wanted for involving in multi-billion-dollar scam

Hanoi police have issued an international arrest warrant for Le Khac Ngo, known as "Mr. Hunter," a key accomplice in a recently-dismantled massive foreign exchange and securities fraud ring.

Society - Sat, December 21, 2024 | 10:57 pm GMT+7

Unlocking Phu Quoc’s potential to become the 'Hawaii of the East'

Unlocking Phu Quoc’s potential to become the 'Hawaii of the East'

Leading global tourism companies have remarked that Phu Quoc has "yet to receive the recognition it deserves," despite its impressive and unexpected growth rate.

Travel - Sat, December 21, 2024 | 7:20 pm GMT+7

Thai central bank maintains policy interest rate at 2.25%

Thai central bank maintains policy interest rate at 2.25%

The Thai Chamber of Commerce (TCC) has said it backs the decision by the Bank of Thailand, the country's central bank, to maintain the policy interest rate at 2.25%, considering the move as suitable for a reviving economy.

Southeast Asia - Sat, December 21, 2024 | 5:43 pm GMT+7

Vietnam's military-run tech giant Viettel strikes big deals at international defence expo

Vietnam's military-run tech giant Viettel strikes big deals at international defence expo

Subsidiaries of Military Industry and Telecommunications Group (Viettel) signed a string of significant contracts with major global partners during the first two days of the Vietnam International Defence Expo 2024 in Hanoi.

Companies - Sat, December 21, 2024 | 5:36 pm GMT+7

Taiwan’s Wistron acquires 37ha land lot in northern Vietnam for expansion

Taiwan’s Wistron acquires 37ha land lot in northern Vietnam for expansion

Taiwan-headquartered Wistron, a top electronics provider and an Apple supplier, will further its investment in Vietnam’s northern province of Ha Nam by acquiring another 37.1-hectare land lot.

Companies - Sat, December 21, 2024 | 2:08 pm GMT+7

VAFIE seeks to promote sci-tech development, intellectual property policies

VAFIE seeks to promote sci-tech development, intellectual property policies

The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) aims to enhance policies for the development of science, technology, and intellectual property, creating a more conducive investment environment.

Companies - Sat, December 21, 2024 | 1:59 pm GMT+7

Vietnamese dong likely to depreciate 3% in 2025: VinaCapital

Vietnamese dong likely to depreciate 3% in 2025: VinaCapital

The Vietnamese dong is likely to depreciate 3% in 2025 on anticipation that the US Dollar/DXY Index will finish 2025 nearly unchanged, says Michael Kokalari, chief economist at Vietnam's leading fund manager VinaCapital.

Economy - Sat, December 21, 2024 | 11:23 am GMT+7

First luxury railway journey across Vietnam features Indochine architecture

First luxury railway journey across Vietnam features Indochine architecture

PYS Travel has launched the first luxury railway journey across Vietnam named Sjourney, marking a new milestone in the railway tourism sector.

Travel - Sat, December 21, 2024 | 10:09 am GMT+7

Vietnam among 40 most beautiful countries: US publication

Vietnam among 40 most beautiful countries: US publication

Vietnam has secured the 36th position in the ranking of the 40 most beautiful countries in 2024 in a testament to its undeniable charm and appeal, according to US News & World Report.

Travel - Sat, December 21, 2024 | 10:04 am GMT+7