Within the framework of the official visit to the Republic of Cuba by President Nguyen Xuan Phuc, on September 19, 2021 Minister of Construction Nguyen Thanh Nghi and Cuban Minister of Foreign Trade and Foreign Investment Rodrigo Malmierca Diaz, two Co-Chairman of the Vietnam - Cuba Intergovernmental Committee signed the Action Plan to implement the medium-term bilateral economic agenda for the 2021-2025 period.

Ho Chi Minh City’s master plan calls for the city to be developed into the nation’s largest economic hub for tourism, industrial services and high-tech agriculture by 2040, with a focus on climate change adaptation.