HCMC – Prime Minister Pham Minh Chinh has recently asked the relevant agencies to cut red tape and establish a breakthrough mechanism for the city’s development.

He suggested local authorities lay the groundwork to fulfill the potential of HCMC and bolster its role as the country’s economic engine.

He highlighted the need of making the regulatory framework relevant to the city’s socioeconomic situation and aligned with the national development outlook.

Local officials and appropriate agencies have sought to improve the city’s management capability and tackle the current pressing issues, particularly in terms of investment promotion, urban administration, and technology and innovation.

Previously, delegates at the fourth session of the 15th National Assembly passed Resolution No. 76, which seeks to continue work on the piloting procedures and policies tailored to HCMC’s development, as issued by Resolution No. 54 in 2017.