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PlanningWednesday, 03/09/2005, 06:39

Socio-economic development orientations until 2010

Maintain the city’s growth at a higher level than the country’s figure and ensure the overall, balanced and sustainable development regarding the economic and cultural fields, and in social affairs.

Socio-economic development orientations until 2010

  1. Maintain the city’s growth at a higher level than the country’s figure and ensure the overall, balanced and sustainable development regarding the economic and cultural fields, and in social affairs.

The city’s GDP growth is expected to average 12% a year in 2001-2010. Specifically, the annual GDP growth is targeted at 11% for 2001-2005 and 13% in 2006-2010.

In 2001-2005 and 2006-2010, the growth of Zone I is expected to be 2% and 1.7%, Zone II 13% and 12.7%, and Zone III 9.6% and 13.5%.

Per capita GDP growth is projected to increase from US$1,350 in 2000 to US$1,980 in 2005 and US$3,100 in 2010.

  1. The city’s socio-economic development must be in line with the development master plan of the southern economic hub and the whole country. Economic restructuring will be speeded up with the purposes of increasing the proportion of the service sector to the economy and the value of exports. The proportion of the service sector will be raised to 50.5% in 2005 and 51.7% in 2010. The proportion of the industry and construction sector is set at 44.1% in 2005 and 48.1% in 2010. The figure for the agriculture-forestry-fisheries sector will be lowered to 1.4% in 2005 and 0.8% in 2010.

The goal is to develop services, especially those which facilitate economic restructuring and modernization in accordance with the socio-economic development of the southern economic hub and the whole country.

Another task is to establish a suitable economic structure comprised of the State, cooperative, private, State capital and foreign-invested sectors, with the decisive role held by the State economic sector. The non-State sector is expected to hold a big proportion. The foreign-invested sector will gain growth in terms of value and proportion in 2001-2010.

  1. Create drastic changes regarding productivity, quality and efficiency of each sector and the whole economy in order to sharpen the competitive edge during global integration, to hold a lion’s share of the domestic market and to expand exports and find new markets.

There will be a need to focus on upgrading technology, improving the quality of current industries, developing spearhead industries and completing the establishment of industrial zones.

Tasks include fostering the development of major service fields like trade, import-export, finance-banking, insurance, tourism, transport, telecommunications, science-technology, and education and training. The aim is to have the city become a leading economic and financial center of the Southeast Asian region.

The annual growth of export revenue is expected at 22% in 2001-2005 and 20% in 2006-2010. The annual growth of import spending is targeted at 17% in 2001-2005 and 15% in 2006-2010.

The development of the agriculture sector will ensure the eco-urban character of the city.

  1. Economic growth will guarantee the welfare of the people, and improve living conditions and social equality. Goals are to develop the human resource; select spearhead industries to focus investment for development; strengthen research in applied sciences to meet the requirements of industrialization and modernization; and increase job creation.

The city will strive to remove hunger and lower the rate of poor households to less than 8% of total households, and to narrow the gap in standard of living between the richest and the poorest from the current 10 times to 5-6 times by 2010.

A healthy cultural and social environment must be built to preserve the national character. The surrounding environment must be improved to allow a clean and green city.

Top priority is given to providing housing to people from all walks of life at reasonable prices in the inner-city area to improve the living conditions of the poor.

  1. Limit growth of the population and rearrange population densities. Increase the quality of human resources in terms of knowledge, skill and health.

Emphasis will be given to the development of science-technology, culture and arts, healthcare, education and sports. Social evils will be tackled and the gap between the rich and the poor reduced.

  1. Develop socio-economic and technical infrastructure, especially the urban communication network. Give a facelift to the old residential area, establish new urban towns, and urbanize rural areas to reduce population density in inner-city areas.

With this goes expanding greenery, reducing pollution and improving the ecological environment towards building a modern and civilized urban center.

In the long term, the city will become a railway center in the southern region needing improved links with the Mekong Delta region and southern Central Highlands region as well as with the trans-Asia railway.

The structure of means of transport should be changed gradually, with work needed on public transport problems and in developing traffic infrastructure. The city will develop a modern bus route network around inner-city districts and linking with outlying districts and neighboring provinces.

  1. Continue administrative reform, improve the capacity of the administration, as well as amend and issue policies and regulations to create fresh motivation to achieve the city’s goals and to encourage the people to participate in city development programs.

Focus on economic development, maintain political security and social order and safety, and contribute to security and defense activities of the southern region and the whole country.  

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