{"id":5557,"date":"2026-05-27T07:37:27","date_gmt":"2026-05-27T00:37:27","guid":{"rendered":"https:\/\/dinhhongky.com\/uncategorized\/tp-ho-chi-minh-can-duong-ray-phat-trien-moi\/"},"modified":"2026-05-29T07:52:35","modified_gmt":"2026-05-29T00:52:35","slug":"tp-ho-chi-minh-can-duong-ray-phat-trien-moi","status":"publish","type":"post","link":"https:\/\/dinhhongky.com\/en\/tin-bao-chi-en\/tp-ho-chi-minh-can-duong-ray-phat-trien-moi\/","title":{"rendered":"Ho Chi Minh City needs a \u201cnew development track.\u201d"},"content":{"rendered":"

Mr. Dinh Hong Ky<\/span><\/span> gave an interview published in the online magazine Doanh Nghi\u1ec7p H\u1ed9i Nh\u1eadp<\/span><\/span> on May 27, 2026.<\/p><\/blockquote>\n

From the perspective of the business community, Dr. \u0110inh H\u1ed3ng K\u1ef3 believes that if the Special Urban Law can establish genuine autonomy, a fast decision-making mechanism, a data-driven digital administration, and an institutional environment open enough for innovation, Ho Chi Minh City will have the opportunity to move onto a \u201cnew development track\u201d for many decades to come.<\/p>\n

At the consultation workshop on the Draft Special Urban Law with the business community, \u0110inh H\u1ed3ng K\u1ef3 \u2013 Chairman of Secoin Company, Chairman of the Ho Chi Minh City Construction and Building Materials Association (SACA), Chairman of the Ho Chi Minh City Green Business Association (HGBA), and Vice Chairman of the Ho Chi Minh City Business Association (HUBA) \u2013 proposed several notable recommendations from the business perspective, emphasizing the need for institutional reform so that Ho Chi Minh City can compete with major metropolitan cities in the region.<\/p>\n

According to Dr. \u0110inh H\u1ed3ng K\u1ef3, the core issue of the Special Urban Law is not how many additional special mechanisms Ho Chi Minh City may receive, but whether the city possesses sufficient institutional capacity to enter global competition.<\/p>\n

\"\"<\/p>\n

He observed that Ho Chi Minh City is currently facing a major paradox: while its urban scale has already reached the level of a \u201cmegacity,\u201d its governance model still heavily reflects the mindset of a traditional administrative city.<\/p>\n

\u201cAfter expanding its regional development space, Ho Chi Minh City is gradually becoming a megacity of nearly 14 million people, contributing around one-fourth of the nation\u2019s GDP. However, if infrastructure, governance, and institutions are not \u2018super-connected,\u2019 large scale may become a burden rather than an advantage,\u201d Dr. \u0110inh H\u1ed3ng K\u1ef3 analyzed.<\/p>\n

From \u201cHaving Authority\u201d to \u201cDaring to Decide and Act\u201d<\/h3>\n

One of the aspects highly appreciated by the business community in the draft law is the strong decentralization mindset and the principle of prioritizing the application of the Special Urban Law when legal conflicts arise.<\/p>\n

According to Dr. \u0110inh H\u1ed3ng K\u1ef3, this is an appropriate direction because a megacity cannot develop if every decision continues to operate under a \u201crequest \u2013 wait \u2013 seek guidance\u201d mechanism. However, he stressed that the bigger challenge is not merely granting authority, but creating a sufficiently strong implementation mechanism.<\/p>\n

\u201cThe key question is whether authority comes together with accountability in execution, and whether the system creates enough motivation for people to dare to make decisions,\u201d he emphasized.<\/p>\n

Drawing from many years of practical experience within the business community, Dr. \u0110inh H\u1ed3ng K\u1ef3 stated that Ho Chi Minh City does not lack investment resources, major ideas, or social capital. The bottleneck lies in the speed of transforming decisions into action.<\/p>\n

\u201cMany projects have been delayed for years not because of a lack of capital, but because it is unclear who has the authority to decide, how long the decision process takes, and who bears responsibility if delays occur,\u201d he noted. Therefore, he proposed that the Special Urban Law should shift strongly from a \u201cprocess control\u201d mindset toward \u201cresults-based governance.\u201d<\/p>\n

Building a Genuine Digital Administration<\/h3>\n

One of the most notable recommendations concerns administrative reform based on data and technology. Dr. \u0110inh H\u1ed3ng K\u1ef3 argued that Ho Chi Minh City should be empowered to build a synchronized digital administration instead of maintaining a fragmented management model.<\/p>\n

He proposed that the city should focus on developing:<\/p>\n