By 2045, Vietnam wants to have five metropolises of international stature

Nov 20th at 06:43
20-11-2022 06:43:46+07:00

By 2045, Vietnam wants to have five metropolises of international stature

The government's action plan to achieve Resolution No.06-NQ/TW of the Politburo on planning, building, management, and sustainable development of urban areas in Vietnam until 2030, with a vision to 2045, calls for the establishment of five vibrant urban metropolises by 2045.

 

Tran Quoc Thai, director of the Urban Development Agency within the Ministry of Construction, stated on November 16 at the seminar “Policies for Urban Development in Vietnam” that one of the major groups of solutions identified in this resolution is to improve policies and procedures to facilitate the urbanisation, planning, construction, management, and sustainable urban development processes.

At the seminar, the National Assembly Law Committee revealed that Vietnam has more than 860 metropolitan areas, and its urbanisation rate is over 40 per cent. The urban economy has risen at a rapid pace, contributing more than 70 per cent of Vietnam's GDP, with the proportion predicted to reach 85 per cent by 2030.

According to a significant number of planners and architects attending the seminar, rapid urbanisation, rising income societal inequalities between rural and urban areas, informal expansion, a lack of basic infrastructure and services, and a shortage of affordable housing have resulted in a variety of problems.

Dr. Nguyen Quang, deputy director of UN-Habitat, said that the complex social issues developing in urban areas demand “a larger strategy, more vertical and horizontal coordination, and relationships to innovation.”

Quang said, “Urbanisation and sustainable urban growth do not occur by chance, but by strategy.” The national urban policy should prioritise “practical priorities” such as the formulation and construction of a sustainable urban framework in both form and density via a compact urban model, the connection of cities via transport corridors, and the promotion of centralised production to take advantage of economies of scale.

The urban policy promotes intersectoral policy coherence regarding cities through the articulation of shared development visions and objectives. The urban policy should play a significant role in national development policies and goals. “In particular, a human rights-based approach, social protection measures, and excellent multi-level governance with an emphasis on participation and inclusion are required,” Quang said.

According to Quang, if Vietnam is to establish cities of international stature, the national urban policy must “decentralise more explicitly to local authorities” in urban planning/management and provide circumstances for the creation of efficient instruments to govern urban growth.

Vietnam has implemented several efforts to address environmental issues and enhance the urban infrastructure for many years. Herve Conan, head of the French Development Agency in Vietnam, said on October 22 while working with Nguyen Thanh Nghi, Minister of Construction, that urban management and development connected with the endurance and adaptability of cities to climate change offer many issues in Vietnam.

According to Conan, Vietnam is one of the most vulnerable nations to the effects of climate change owing to its geographical characteristics, with frequent droughts, floods, and coastline retreats increasing its susceptibility.

vir



NEWS SAME CATEGORY

Law revisions necessary to clarify foreign property rights

Experts continue to point out discrepancies in the laws that touch on foreign ownership of property in Vietnam, in the hopes that current amendments will take them...

Clarity crucial for residential property sale to foreigners

For seven years, the Law on Housing has allowed foreigners to buy houses in Vietnam. However, many overlapping and conflicting regulations are causing confusion...

Dong Nai Province calls for investment in housing for workers

The southern province of Dong Nai solicited investment in building houses for low-income earners, heard at a conference on Wednesday.

F.I.T Group and Banyan Tree sign agreement for tourism project in Ninh Thuan

On November 14, Cap Padaran Mui Dinh JSC and Banyan Tree Holdings Ltd. held a signing ceremony in Bangkok for cooperation in developing the Cap Paradan Mui Dinh...

Real estate market in state of limbo

Hundreds of housing projects in Ho Chi Minh City are currently entangled in legal procedures. Experts predict that the real estate market is now entering a...

Experts discuss ways to resolve apartment building problems

To limit insecurity and disorder in the construction and management of apartment buildings in Hai Ba Trung District of Ha Noi, district authorities have proposed...

Construction ministry studies real estate tax policies

The Ministry of Construction (MoC) will study suitable tax policies in the real estate market to encourage the effective use of houses and land, limit speculation...

Resort real estate continues post-COVID recovery

The resort real estate market in Viet Nam has recorded impressive growth in domestic tourism, but international tourism has not recovered as expected.

Making the dream of house ownership come true with VBSP funding

The life quality of customers having settled down in their dream houses bought with capital support from VBSP units has constantly improved.

Embracing development of hospitality and real estate in Vietnam

At Vietnam’s largest hospitality and real estate conference titled Meet the Experts 2022 on November 10, analysts and businesses exchanged crucial information and...

Real estate stocks

Construction stocks


MOST READ


Back To Top