Mr. Nguyen Van Duoc: Ho Chi Minh City must have 2 strong economic groups like Becamex.

Speaking at the first online meeting with departments, branches and 168 communes and wards of Ho Chi Minh City after the merger, Mr. Nguyen Van Duoc, Chairman of Ho Chi Minh City People's Committee, said that Ho Chi Minh City needs to take advantage of and promote resources, creating new forces to develop the city.

After the merger, the city will have a strong enough state-owned economic group, Becamex. It needs to have at least two large enough economic groups with enough resources for development.

" I propose that the second group be named Saigon Group, based on the restructuring of state-owned enterprises in the city today, to create a strong economic group. At that time, the two groups will combine together, taking advantage of each other's strengths to develop," Mr. Duoc requested.

Many infrastructure projects in Binh Duong bear the mark of Becamex.

According to the Chairman of the Ho Chi Minh City People's Committee, Becamex has experience and strengths in investment, real estate, industry, infrastructure and capital.

The city currently has many projects that need to attract investment, including the Ho Chi Minh City urban railway, which includes 7 routes (not including the network connection to Vung Tau and Binh Duong). Some routes have had investors participating in the research, for the remaining routes, Becamex is requested to boldly consider and propose implementation if considered appropriate.

Second, the city's current traffic routes are being prepared for large-scale implementation, from National Highway 1A, the Ho Chi Minh City - Trung Luong expressway extending to Duc Hoa (former Long An , now Tay Ninh), Nguyen Khoi Street... need the city's businesses to have enough strength and capacity to participate in investment.

According to Mr. Nguyen Van Hung, Chairman of Becamex Group, Becamex is a state-owned economic group listed on the Ho Chi Minh City Stock Exchange, currently has 35 members with total assets of about 160,000 billion VND.

The new Ho Chi Minh City has many opportunities for development and breakthroughs for businesses. That opportunity comes from the strength of the old Ho Chi Minh City and the resources of Binh Duong and Ba Ria - Vung Tau. Currently, the new city has a series of projects that need investment, especially in infrastructure and transportation such as National Highway 13, My Phuoc - Tan Van traffic route, urban railway system, railway serving freight and passenger transport... If the projects are implemented, this is an opportunity for the new Ho Chi Minh City to achieve a GRDP growth rate of 8.5% this year.

In the old Binh Duong alone, the projects and works requiring investment have reached about 100,000 billion VND. And to implement, the city needs to take advantage of the strengths of state-owned enterprises and private economic groups, mobilizing many private enterprises to carry out large, key projects will be more effective.

Mr. Hung also said that Becamex was assigned many tasks in socio-economic development in Binh Duong. In the first 6 months of the year, it participated in nearly 200 km of roads, with a total investment of 60,000 billion VND, of which the enterprise's own capital was 35,000 billion VND and hopes to continue implementing in the new Ho Chi Minh City.

The Chairman of Ho Chi Minh City encourages city businesses to boldly participate in major projects of the city.

Chairman of the Ho Chi Minh City People's Committee Nguyen Van Duoc affirmed his support for Becamex's proposal. He emphasized that Becamex has long-standing strengths in the industrial capital of Binh Duong, while Ho Chi Minh City has advantages in attracting high-tech enterprises. The city encourages Becamex to research and develop high-tech industrial parks in the Binh Duong area to attract investment and create favorable conditions for enterprises in production and business activities.

He also said that in the first 6 months of the year, departments and branches have focused on removing difficulties for businesses. Nearly 400,000 billion VND has been cleared and put into economic development, more than 70 blocked projects have been cleared... bringing excitement and confidence to businesses. The city's investment environment has improved, many investors, including large enterprises, have returned to Ho Chi Minh City.

specifically, the total value of foreign investment capital in Ho Chi Minh City alone reached nearly 2.7 billion USD, an increase of 123.1% over the same period in 2024. Ho Chi Minh City continues to maintain its position as an important growth pole of the country.

Mr. Note that departments and branches continue to pay attention to supporting businesses, especially reforming administrative procedures and cutting unnecessary investment procedures.

Ha Linh

Source: https://vtcnews.vn/ong-nguyen-van-duoc-tp-hcm-phai-co-2-tap-doan-lanh-te-manh-nhu-becamex-ar952646.html