Want to be in the loop?
subscribe to
our notification
Business News
DONG NAI LOOKS TO BECOME CENTRALLY-RUN CITY BY 2030
A view of Dong Nai Province - PHOTO: LE VU
HCMC – Dong Nai Province has recently established a team to draft a master plan for transitioning the southern province into a centrally-run city by 2030.
This team is tasked with conducting comprehensive research and reviewing current administrative standards, including urban classification, communal-level administrative systems, urbanization rates, and socio-technical infrastructure to ensure the province meets all legal requirements for a first-tier municipality.
The move follows a resolution passed by the Provincial People’s Council late last month, which adjusted the provincial master plan for the 2021-2030 period. Covering a natural area of over 12,700 square kilometers, the plan aims to transform HCMC’s neighbor into a modern, sustainable city with a high growth rate that places it among the nation’s top high-income regions.
The province’s future development will center on airport cities and world-class eco-urban areas, supported by a synchronized, smart infrastructure capable of hosting major regional and international events.
Looking ahead, Dong Nai strives to officially achieve centrally-run city status before 2035. By 2050, the province envisions becoming a leading locality in high-tech industry and an international hub for trade, tourism, and services. This long-term strategy focuses on a green and circular economy, attracting top talent and intellectuals while contributing to the national goal of reaching net-zero emissions.
Vietnam currently has five centrally-run cities, including Hanoi, Haiphong, Danang, HCMC and Can Tho.
Source: The Saigon Times
Related News
MEMBER CORNER / PROMOTIONS
SENTRYSAFE CHW20201 - EFFECTIVE WATER RESISTANCE, MAXIMUM PROTECTION
In unexpected flooding situations, the most important thing is to keep your valuables dry and intact. SentrySafe CHW20201 is specially designed with superior water-resistant capabilities, helping protect documents, cash, and important belongings even when fully submerged. Proven in real testing: After water submersion, the documents inside remain dry - undamaged.
MEMBER CORNER / PROMOTIONS
AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!
The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.
HR / LABOUR/ EMPLOYMENT
HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL
Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.
HR / LABOUR/ EMPLOYMENT
HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST
Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.
BANKING / FINANCE / INSURANCE / TAX
LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026
The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.
GARMENT / TEXTILE
VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS
Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.
Events Sponsors
