PM chairs CEO 500 – TEA CONNECT to support HCM City’s path toward becoming an international megacity

by | Nov 26, 2025 | Asia

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Ho Chi Minh City is home to over 14 million people and contributing nearly 25% of Vietnam’s GDP.

Prime Minister Pham Minh Chinh on November 25 chaired CEO
500 – TEA CONNECT, a program linking Vietnamese and Ho Chi Minh City leaders
with executives from major domestic and international enterprises.

The event was held as part of the Autumn Economic Forum 2025 hosted by Ho Chi Minh City to discuss pathways for the southern city to establish itself as an international
megacity in the near future.

The gathering brought together more than 500 leaders of
local and foreign businesses, who were briefed on HCM City’s 2026–2030
development strategy, with a vision toward 2045, along with key investment
projects. Participants also exchanged ideas and cooperation initiatives to help
the city advance its transformation into an international megacity in the
digital era.

In his address, PM Chinh praised the practical, responsible,
and enthusiastic contributions from international partners and domestic and
foreign enterprises. He called for their continued cooperation and support for the development of both HCM City and Vietnam as a whole.

According to Mr. Tran Luu Quang, Secretary of the municipal Party
Committee, HCM City—home to over 14 million people and contributing nearly 25%
of Vietnam’s GDP—continues to affirm its role as the country’s economic engine
and a leading hub for trade, finance, industry, education, healthcare, and
international commerce. The city plays its  role as a pioneering contributor to the national
development.

HCM City is currently restructuring its development space
and shaping a new strategic vision based on five integrated and interconnected strategic
development pillars, including high-tech industry and innovation, where digital
technology, AI, semiconductors, and big data are pervasive drivers; logistics
and free trade linked to seaports, airports, and free trade zones; the
development of an international financial center; tourism and cultural
industries, creating added value from culture, creativity, art, entertainment,
and international events; and education, healthcare, and science and technology
aimed at regional and international standards.

VnEconomy-Thanh Thủy

Written By

Written by Albert Pham, News Curator and Blogger

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