Digital economy to make up 25% of HCM City’s GRDP by 2025

Ho Chi Minh City’s digital economy is hoped to account for 25% of the southern hub’s gross regional domestic product (GRDP) by 2025.
Digital economy to make up 25% of HCM City’s GRDP by 2025 ảnh 1A view of HCM City from above (Photo: VNA)
HCM City (VNA) – Ho Chi Minh City’s digital economy is hoped to account for 25% of the southern hub’s gross regional domestic product (GRDP) by 2025. 

The goal was set out in a Directive on speeding digital transformation and building HCM City into a smart city issued by the Standing Board of the municipal Party Committee.

Digital economy to make up 25% of HCM City’s GRDP by 2025 ảnh 2Illustrative image (Photo: VNA)

Accordingly, attention will be paid to raising public awareness of digital transformation; organising the implementation of digital transformation tasks and building digital government; and integrating and effectively exploiting data to serve the fight against COVID-19 pandemic, socio-economic recovery and development, and modern-oriented governance.

Specific action programmes will be mapped out and implemented, while the application of information technology will be accelerated across fields in association with ensuring information security and safety in building digital government, economy and society.

Investments will be strongly poured into human resources development, focusing on training and fostering cadres, civil servants and public employees. 

Resources will be prioritised in digital transformation in Thu Duc city, contributing to forming a highly-interactive innovation city in the East of the southern hub. 

Enterprises, especially those operating in information, communication, science and technology are encouraged to actively invest and join the digital transformation process, and provide essential digital services.

Experts said promoting digital transformation is one of the solutions to accelerate post-pandemic conomic recovery in HCM City and move towards strong development in the future, adding that the work should be considered one of the new growth drivers.

According to the HCM City Institute for Development Studies (HIDS), the digital economy contributed nearly 192 trillion VND (8.3 billion USD) to the city’s GRDP in 2021, equivalent to 14.41% of the total. The rate is expected to reach 15% in 2022. 

HIDS has proposed to to build HCMC City into a financial technology hub (Fintech hub); develop testing policies (sandbox) on digital transformation; and complete a support and consultation centre for digital transformation (DXCentre). 

According to Dinh Lam Thang, Director of the municipal Department of Information and Communications, the southern hub is one of the localities having the highest number of smartphone users. The fiber optic network infrastructure, broadband internet, and 3G and 4G mobile infrastructure cover 100% of communes, wards and townships in the city. These are advantages for it to speed up digital transformation in the time to come./. 
VNA

See more

Illustrative photo: AFP

AI Law takes effect, anchors national governance framework

Taken together, the new AI Law and its implementation roadmap not only complete Vietnam’s legal architecture for AI, but also lay a structured foundation for risk management, innovation and ecosystem development, aiming to ensure coherent and effective enforcement in the years ahead.

Viettel Networks and Ericsson sign their cooperation agreement on the sidelines of the Mobile World Congress 2026. (MWC 2026)

Viettel Networks, Ericsson partner to advance autonomous telecom networks

Under a newly signed cooperation agreement, Ericsson will provide network automation platforms and artificial intelligence (AI) technologies while working with Viettel to conduct real-world trials. The collaboration marks a new step forward, combining Viettel’s large-scale network operation expertise with Ericsson’s strengths in automation solutions and advanced technologies.

Prime Minister Pham Minh Chinh speaks with students at Hanoi University of Science and Technology (Photo: VNA)

Resolution 57: Developing high-quality sci-tech human resources key to master strategic technologies

After one year of implementing Resolution No. 57-NQ/TW of the Politburo, alongside notable achievements, the Central Steering Committee for science and technology development, innovation, and digital transformation has identified persistent shortcomings and bottlenecks requiring urgent attention - most notably a shortage of high-quality human resources in strategic technology fields.

The Saigon Hi-Tech Park (Photo: VNA)

Vietnam advances toward mastering UAV technology

Products are already making their way into the US market, but this is not merely a story of applying new technology in practice, but a gradual process of mastering core details and affirming international capabilities in the UAV industry, one of Vietnam’s strategic high-tech sectors.

Tran Quang Hung, Chairman of the Board of Directors of HIC, presents the company’s operating model at the launch event. (Photo: hanoimoi.vn)

Hanoi’s innovation centre to drive digital transformation, creative industries

HIC is envisioned as a central “brain” connecting data, resources, policies, technology and culture to address urban development challenges, operate the national innovation ecosystem, promote a sustainable digital economy and digital society, improve the quality of life for local residents, and foster creative industries, particularly cultural industries linked to Hanoi’s identity.

Participants pose for a group photo at the International Conference on Advanced Microscopy for Life Sciences and Materials held in Gia Lai on February 25. (Photo: ICISE)

International conference spotlights advanced microscopy in life sciences, materials

The microscopy user community in Vietnam remains fragmented, lacking a common platform for sharing technical expertise, research experience and collaboration opportunities. This limited connectivity has, to some extent, curtailed the full potential of microscopy technologies in advancing scientific progress and industrial applications at home and abroad.