Deputy Prime Minister Tran Hong Ha signed a decision on December 24 to approve a project on developing the biological industry in environmental protection by 2030.

HCMC faces numerous challenges in its pursuit of sustainable development, including legal and policy limitations, outdated mindsets, and the need for innovative solutions.

Observing the direction of the HCMC People’s Committee, related state agencies said that necessary projects for the city to participate in the carbon market have been basically developed, with proper investments identified.

Resolution 98 applied in HCMC since August 2023 has allowed Thu Duc City and other localities more room for socio-economic development, which in turn contributes to the general growth of HCMC.

Liquefied natural gas (LNG) importing is inevitable to maintain energy security in Vietnam. There should be suitable policies and mechanisms to balance the benefits between importers and customers when this process happens.

Chairman of the HCMC People’s Committee Phan Van Mai proposed specific mechanisms and policies for the southeast region at a conference on launching the Coordinating Council for the Southeast Region held in the city on July 18.

Prime Minister Pham Minh Chinh requested special development policies and mechanisms be issued for the southeast region, while chairing a conference to debut the Coordinating Council for the Southeast Region held in Ho Chi Minh City on July 18.

The Southeast region is facing bottlenecks in infrastructure, policies, and mechanisms that hinder its economic growth.

The city will also review and adjust the master plan of the transport sector to minimise traffic congestion.

The amount of household solid waste (HSW) in major cities nationwide is expected to increase by 10-16 percent a year on average. However, the most common waste treatment method in Vietnam, which is mere burying, has proved its unsuitability for the modern and environmentally friendly development trend at present.

Although Resolution 54 has brought fresh wind to Ho Chi Minh City, due to many reasons, after more than four years of implementation, the results have not been as expected. At this time, HCMC is in dire need of a new specific policy and mechanism to develop properly.

The implementation of Resolution No.54/2017 of the National Assembly on piloting specific mechanisms and policies to develop Ho Chi Minh City with many difficulties in more than four years has left the city with lots of valuable experience. It is high time that HCMC needed frankly look back to prepare better for the proposal and implementation of new mechanisms and policies in the coming time.

The project ‘Supporting national innovative startup ecosystems’ (Project 844) has achieved impressive results in becoming a strong foundation for the startup community nationwide and raising the public’s awareness about innovative startup activities in various fields.