It takes effect on Friday with implementation beginning in July.
The city will be established by merging districts 2, 9 and Thủ Đức and will be the first city to be under the jurisdiction of a centrally run city.
Thủ Đức City’s administrative agencies must complete the organisational restructure within 60 days after the resolution comes into force to ensure normal life is not thrown out of kilter.
It will cover 211.56 square kilometres and be home to more than a million people. It will have 34 wards.
The city will notify the public about where they can get their personal documents modified.
What is special about the new Thủ Đức city?
Nguyễn Thành Phong, chairman of the HCM City People’s Committee, said the new Thủ Đức City would be developed into the country’s largest interactive innovation hub.
A master plan for it is being drawn up by enCity consulting company in partnership with Sasaki after winning a design competition held in 2019 for the Highly Interactive Innovation District.
“The formation of a new city will create a consolidated government body to oversee the development of the innovation district,” Phong said.
The city is rolling out a strategic plan to engage local communities and foster innovation and entrepreneurship in the area, which is expected to contribute a third of HCM City’s gross regional domestic product, thus accounting for 7 per cent of the country’s economy.
Huỳnh Khắc Điệp, chief of the HCM City Party Committee Office, said the People’s Committee is drafting a proposal to enhance the power of the new city government.
Experts have said HCM City authorities need to seek advice from foreign experts and investors in technology, finance and urban development to build the new city.
It should study the experiences of major cities in other countries, like the Pudong area in Shanghai (China) and Gangnam in Seoul (South Korea), and propose policies for a creative eco-system and high competitiveness, they said.
The city has established a steering committee led by Phong to develop a master plan for the new city including strategies to create a knowledge-based economy and a highly skilled workforce.
The committee plans to develop a centralised database on land use, transportation, canals, and other public works in the three districts to be merged.
The new Thủ Đức City should be designed to attract more investment while promoting globalisation but maintaining local culture and appealing to a talented workforce from around the world.
Deputy Minister of Home Affairs Trần Anh Tuấn said Thủ Đức City should be given autonomy in decision making and policy incentives to grow its innovation capacity and make it more competitive.
Vietnamnews