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You are here: Home / Thu Duc City to serve as new growth engine for HCM City

Thu Duc City to serve as new growth engine for HCM City

January 14, 2021 by vietnamnet.vn

Thu Duc City is expected to make up 30 percent of GRDP of HCM City, or 7 percent of GDP of the entire country, thus serving as the new driving force for HCM City to grow rapidly in a sustainable way. The HCMC government on December 31, 2020 announced the resolution on establishing Thu Duc City and arranging administrative units at district and commune levels of the city. Thu Thiem New Urban Area in Thu Duc City Thu Duc City is established by merging districts 2, 9 and Thu Duc. It is the first city in Vietnam put under the jurisdiction of a centrally-run city. Tran Hoang Ngan, head of the HCM City Institute for Development Studies (HIDS), said seven years ago the city began building a plan on urban government as the population was becoming too high. The city’s population was among the world’s top 20 with a population density of 4,300 people per kilometer. The city therefore needed a management model different from other cities and provinces. The municipal authorities then planned to establish cities in the east, south, north and west to solve the problem. The idea raised seven years has now materialized, as conditions have become… Read full this story


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