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Turning the Red River Delta into an economic and financial center

On the afternoon of February 9, the Ministry of Planning and Investment (MPI) held a press conference to announce the organization of a conference to implement the Government’s action program to implement Resolution No. 30 of the Politburo on development. Socio-economic status of the Red River Delta until 2030, with a vision to 2045.

Conference “three in one” in Quang Ninh

Information at the press conference, Deputy Minister of Planning and Investment Tran Duy Dong said, with the theme “Development Links – Innovation – Green and Sustainability”, the conference will be held in Ha Long city, Quang province. Ninh on February 12 under the chairmanship of Prime Minister Pham Minh Chinh. About 900 delegates are expected to attend the Conference.

This is a “three-in-one” conference, held not only for the purpose of announcing the Government’s action plan to implement Resolution No. 30, but also including investment promotion activities, calling for the attention of the Government. interest of investors, domestic and international business associations, and development partners in accompanying the Government in the implementation of investment programs and projects of great significance to business development. socio-economic status of the Red River Delta.

In particular, the conference will also announce the planning of Quang Ninh province for the period of 2021-2030, a vision to 2050 and the general plan of Ha Long city to 2040.

The conference is a very important event for the development of the Red River Delta region, opening up a “new breakthrough opportunity” for the land which is a particularly important strategic area and a political center. , economy, leading the country in culture, education, science – technology, innovation, digital transformation, … leading the economy and transforming the growth model of the country”, Deputy Minister let me know.

Macroeconomics - Turning the Red River Delta into an economic and financial center

The conference to implement the Government’s action program to implement Resolution 30 will be held in Quang Ninh on February 12 (Photo: Huu Thang).

According to statistics, the average economic growth of the Red River Delta in the period 2005-2020 will reach 7.94% per year, higher than the national average. Economic scale increases rapidly, by 2020 it will be 7.75 times higher than in 2005, accounting for 29.4% of GDP of the country.

The Red River Delta region has a strong and dynamic private economic sector with the second largest number of enterprises in the country; FDI attraction ranks second in the country, accounting for 31.4% of the total FDI in the country.

Hanoi – Hai Phong – Quang Ninh become the three growth poles in the dynamic triangle of regional economic development. In particular, Hanoi capital holds the position and role of the national political-administrative center, a major center of culture, science, education, international economy, a driving force for the development of the country. region and the whole country.

However, the region still has many difficulties and challenges, development is not commensurate with its potential and advantages such as slow economic transition, uneven development in localities, and growth dependent on capital, labor and labor. resources; State budget revenue is not sustainable, depends heavily on FDI enterprises.

Labor productivity is slowly improving. Science and technology has not yet become a driving force for development. The planning and implementation of the planning is still slow, with many shortcomings, especially urban planning. Public investment is still spread, many projects are behind schedule. Links in infrastructure development such as ring roads, radial routes, routes connecting seaports, airports and international border gates are not effective.

“These limitations and inadequacies, if overcome, combine with the potentials, advantages and resources that have not been effectively exploited, besides new opportunities, there will be room and opportunity for the Red River Delta rapid development in the coming time, is really the leading development driving force, leading the process of economic restructuring and transformation of the growth model of the whole country”, Deputy Minister Tran Duy Dong emphasized.

Macroeconomics - Turning the Red River Delta into an economic and financial center (Figure 2).

Deputy Minister of Planning and Investment informed at the press conference (Photo: MPI).

Therefore, the Politburo issued Resolution No. 30 with the goal of developing the Red River Delta into a fast, sustainable, modern, civilized, ecological region imbued with national identity; is a major economic and financial center of regional and world level;

As the country’s leading center for culture, education – training, science – technology, innovation, development of digital economy, digital society, health and people’s health care; socio-economic infrastructure, synchronous, modern and intelligent; urban system linked into a network, smart, green, and sustainable, suitable to a particularly important strategic position in terms of politics, economy, culture, society, environment, national defense, security and public relations. foreign country.

10 groups of tasks and solutions center

To implement Resolution No. 30, the Government set out 21 specific goals and 10 groups of key tasks and solutions, including: The work of mastering, propagating, disseminating information, creating unity and consensus. consensus of society in formulating, organizing and implementing programs and action plans for the implementation of Resolution No. 30 of the Politburo;

Perfecting institutions and policies on development and regional linkage; Regional economic development; Sustainable development of a sustainable urban system and modern socio-economic infrastructure; Science – technology development, innovation, digital transformation; Developing education and training, improving the quality of human resources;

To develop culture – society, improve people’s living standards; Effectively manage and use natural resources, protect the environment, adapt to climate change; Firmly ensure national defense and security, improve the efficiency of foreign affairs; Strengthen the building and rectification of the Party and the political system.

In addition, the Government’s Action Program has also set out 36 specific tasks and 20 infrastructure projects and assigned specific tasks to ministries, branches and localities to implement, with a timeline. specific implementation.

Along with that, investment promotion activities held in parallel are especially important in mobilizing resources for infrastructure development, promoting investment, production and business in the whole region.

Art Photo Exhibition with the theme “Red River Delta: Linking Development – Innovation – Green and Sustainability” and booths displaying featured products, industrial products and leading promotional materials Investments of localities in the Region will also be held at the same time as the Conference.

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