Under Prime Ministerial Decision No. 1325/QD-TTg, signed by  Deputy Prime Minister Tran Hong Ha on November 4,  a plan for implementing the master planning scheme on the development of the southeastern region of South Vietnam for the 2021-2030 period with a vision until 2050, has been approved.

The region consists of Ho Chi Minh City and provinces of Dong Nai, Binh Duong, Ba Ria - Vung Tau and Tay Ninh.

Under the plan, different resources and economic sectors will be mobilized to develop the region sustainably with a focus on investment in infrastructure development.

The plan puts forward some key tasks, including restructuring the economy with science and technology, innovation, digital economy, sharing economy, green economy and circular economy being central; and promoting the development of the high-tech industry and luxurious services sectors.

Other tasks focus on developing the logistics system, accelerating agricultural restructure, boosting sea-based economy, developing infrastructure and promoting high-quality human resources training.  

Under the master planning, the southeastern region is envisioned to transform into a modern and civilized region with a thriving industrial sector by 2030. It aims to surpass the high-income threshold and become a leader in adopting new growth models, digital transformation, and the development of cultural, social, educational and healthcare sectors.

It aspires to become a premier hub for the digital economy, attracting international financial institutions and major global corporations. It envisions itself as a center for economic, financial, commercial, cultural, educational, and scientific-technological activities within Vietnam, holding a prominent position in Southeast Asia and evolving alongside major Asian cities.

The region aims for an average annual GRDP growth rate of 8-9% between 2021 and 2030 and 7.5% between 2031 and 2050, with per capita GRDP of some $14,500 - 16,000 by 2030 and $54,000 by 2050.