Prime Minister Pham Minh Chinh on September 20 chaired the sixth meeting of the Red River Delta Coordinating Council at the Government Office in Hanoi.

This was the first meeting since localities in the region completed the merger of administrative units and began implementing the two-tier local government model. After the restructuring, the region now comprises six localities, all major economic engines and growth poles of both the region and the country.

Several provinces and cities such as Hai Phong, Quang Ninh, Bac Ninh, and Ninh Binh posted double-digit growth, creating further momentum for the Red River Delta to capitalize on its strengths and spearhead national strategic tasks within a streamlined development space.

However, the Government leader pointed out that the region is still facing major challenges, including global uncertainties, climate change, urbanization pressures, and legal and planning bottlenecks in major projects.

Underscoring the region’s assets such as historical traditions, natural wonders, and cultural resources, he called for innovative thinking, bold and long-term actions, proactive adaptation to global and regional trends, and effective use of its unique advantages.

As Vietnam enters a new stage of development with growth targets of 8.3-8.5% in 2025 and double-digit growth in subsequent years, towards the two centennial goals, PM Chinh asked the meeting to focus on identifying measures to boost growth drivers for each locality and the whole region. He also called for comprehensive solutions to long-standing issues and challenges in line with the new development space under the two-tier local government structure.

He emphasized the need to strengthen regional, inter-regional, and international linkages; accelerate key projects; address housing shortages and cool down property prices by expanding supply, particularly through social housing development.

The Government chief stressed that economic growth in the Red River Delta must go hand in hand with social welfare, on the principle of not sacrificing social progress, equity, or the environment for short-term economic gains.

He requested the Red River Delta to strive with determination and responsibility under the spirit of “localities act, decide, and take responsibility,” aiming to develop into one of the most important economic regions of the country and inspire growth in other regions.

Red River Delta’s industrial parks lures 390 FDI projects in 2023

Industrial parks (IPs), export processing zones (EPZs) and economic zones (EZs) in the Red River Delta granted investment registration certificates to 487 projects in 2023, including 390 foreign direct investment (FDI) and 97 domestic direct investment (DDI) projects, up 63.35% compared to last year’s figure.