HCM City to bolster digital transformation for economic recovery
Ho Chi Minh City has identified promoting all-round digital transformation as one of the important tasks to recover and develop the local economy this year.
Illustrative image (Source: VNA)The city’s digital transformation programme, issued in July 2020, sets a target that the digital economy will make up 25 percent of its gross regional domestic product (GRDP) by 2025 and 40 percent by 2030. It gives priority to 10 sectors, namely health care, education, transport, finance - banking, tourism, agriculture, logistics, environment, energy, and human resources training.
HCM City also looks to raise the digital economy’s proportion in GRDP to 15 percent in 2022.
Speaking at a seminar on March 25, Director of the municipal Department of Information and Communications Lam Dinh Thang said while the COVID-19 pandemic hasn’t been over, HCM City’s economy is still facing an array of considerable difficulties and challenges.
The seminar held by the HCM City Institute for Development Studies and the municipal Department of Information and Communications on March 25. (Photo: VNA)Some experts suggested that in terms of digital infrastructure, HCM City should complete general and specialised databases in its smart city project, boost the building of information security mechanisms to encourage enterprises to do business on digital platforms, and pay due attention to cybersecurity.
Regarding digital business, they recommended the city survey companies’ demand and devise different programmes supporting firms to innovate, apply technology, and shift to digital business models.
Pham Binh An, Deputy Director of the HCM City Institute for Development Studies, held that local authorities should improve their capacity to assist digital technology startups, facilitate digital business and e-commerce activities, and increase connecting e-commerce firms with manufacturers./.
You should also see
Cam Lam - Vinh Hao Expressway to help drive south-central region's economy
The 78.5km Cam Lam - Vinh Hao Expressway, one of the three sub-projects of the North - South Expressway project’s eastern wing, officially opened to traffic on April 26.
See more
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
Business
Revenue on top five e-commerce platforms jumps 79%
The e-commerce market of Vietnam was robust in the first quarter of this year with total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reaching more than 71 trillion VND (2.79 billion USD), an increase of 79% over the same period last year, according to a recent report by Metric.
Business
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
