At the meeting, a decision approving the regional planning scheme for the 2021-2030 period with a vision to 2050 was announced. Endorsed by the Prime Minister on May 4, the planning scheme aims to transform the region into a rapidly developing, dynamic region with sustainable development, robust maritime economy, and high average income per capita by 2030. Its infrastructure will be harmonised, resilient to natural disasters, and adaptive to climate change.

By 2050, the region is set to lead the nation in the maritime economy, with at least two major urban centres and several large industrial, service, and international cooperation hubs that meet Asian standards.

Its gross regional domestic product (GRDP) is expected to grow at an average rate of 7.5-8% annually between 2021 and 2030.

By 2030, its per capita GRDP will reach 165 million VND (6,500 USD), with its urbanisation rate anticipated to exceed 48%.

Speaking at the meeting, Deputy Prime Minister Tran Hong Ha, who is also the chairman of the coordinating council, said coastal connectivity must be a top priority, and stressed the importance of developing transport infrastructure to enhance East-West connectivity through Laos and Cambodia and to link the central coastal region with the Central Highlands.

More investments in renewable energy infrastructure and human resources development, the enhancement of the council's position within the national administrative system, and the building of operational mechanisms for sub-regions, he noted.

Source:Nhandan.vn

• China retaliates against US blacklist, targets defence and rare earth firms with export controls
• Rising global shipping costs put pressure on Viet Nam’s seafood exporters
• Customs force tightens crackdown on intellectual property-infringing goods
• Continued resilience of Viet Nam's economy
• Viet Nam’s trade deficit raises structural concerns: opinion