On December 31, 2024, Prime Minister Pham Minh Chinh signed Decision No. 1711/QD-TTg approving the Ho Chi Minh City Master Plan for the period 2021-2030, with a vision to 2050. ACUD Vietnam Construction Technology Joint Stock Company – a member of the S-Group Corporation – was honored to be a member of the consortium providing consulting services for the development of the Ho Chi Minh City Master Plan.
This marks a strategic milestone in shaping the comprehensive future development of Ho Chi Minh City – the nation’s leading center for economy, culture, and innovation.
The plan sets forth the overarching goal of developing Ho Chi Minh City into a global, civilized, modern, and compassionate city; a dynamic and innovative hub with a high-quality workforce and modern service-industrial sectors. It aims to be a leader in green economy, digital economy, and digital society, serving as the nation’s economic, financial, commercial-service, cultural, educational, and science-technology center. The city is envisioned to achieve deep international integration, hold a prominent position in Southeast Asia, and rank among the nation’s leaders in economic growth and per capita GRDP, surpassing the high-income threshold. Ho Chi Minh City aspires to provide a high quality of life, rich cultural identity, sustainable environment, and adaptability to climate change.
Economic Goals: The city aims for an average GRDP growth rate of approximately 8.5 – 9.0% per year during the period 2021 – 2030. By 2030, the average per capita GRDP at current prices is expected to reach 385 – 405 million VND, equivalent to 14,800 – 15,400 USD.
The average contribution to GRDP is projected to include over 60% from the service sector, around 27% from industry and construction (of which manufacturing accounts for about 22%), and approximately 0.4% from agriculture, forestry, and fisheries. The city also strives to have the digital economy contribute over 40% to GRDP.
Social Goals: The city’s permanent resident population is projected to reach approximately 11.0 million by 2030 and around 14.5 million by 2050. The average labor productivity growth rate is targeted at 7%, while the Human Development Index (HDI) is expected to exceed 0.85.
On December 31, 2024, Prime Minister Pham Minh Chinh signed Decision No. 1711/QD-TTg approving the Ho Chi Minh City Master Plan for the period 2021-2030, with a vision to 2050.
Mr. Bach Ngoc Tung – Director of ACUD Vietnam – contributed his insights during the meeting of the Steering Committee on the Ho Chi Minh City Master Plan for the period 2021–2030, with a vision to 2050.
Throughout the preparation of this important master plan, ACUD Vietnam Construction Technology Joint Stock Company takes pride in being a member of the consulting consortium, contributing in-depth expertise and optimal solutions.
ACUD Vietnam Technology Construction Joint Stock Company is one of the leading firms in strategic consulting, construction consulting, and urban planning in Vietnam. With the mission of “Pioneering Quality – Collaborative Development,” ACUD is committed to delivering professional, innovative, and effective solutions for projects ranging from industrial and urban planning to transportation infrastructure and socio-economic development.
Founded by a team of experienced professionals, ACUD continuously innovates and applies advanced technologies to provide services such as comprehensive planning, pre-feasibility studies, infrastructure design, and project management. Projects undertaken by ACUD are highly regarded for their quality, meeting international standards, and making positive contributions to the sustainable development of localities and the nation.
