Ho Chi Minh City (VNA) - Ho Chi Minh City on July 9 unveiled the preview version of its digital investment promotion infrastructure (HCMCInvest) designed to transform the city's investment promotion model by utilising artificial intelligence (AI) and data-driven technologies.
The initiative marks a shift from traditional investment promotion toward a digital ecosystem that standardises information and provides transparent connections with investors worldwide.
Speaking at the announcement ceremony, Chairman of the municipal People's Committee Nguyen Van Duoc said HCMCInvest offers transparent and centralised access to information on urban planning, infrastructure, land resources and priority investment sectors, helping eliminate information barriers and create a level playing field for all businesses.
He said the city's long-term goal is to build a modern, transparent and user-friendly digital infrastructure that enables investors to access official information more efficiently, shorten market research time and improve the city's investment environment and competitiveness in the next phase of development.
He noted that, given the scale and complexity of the digital platform, its implementation will be carried out cautiously, with continuous adjustments based on practical experience. He emphasised that HCMCInvest will continue to evolve through feedback from businesses and the public to develop a more effective digital investment ecosystem.
Tran Duy Ninh, Director of the National Digital Transformation Agency under the Ministry of Science and Technology, described Ho Chi Minh City as a pioneer in developing a digital investment promotion platform. He said transforming conventional administrative and investment promotion processes into a scalable technology solution is a challenging task, adding that the city's decision to build the platform on integrated data and AI is in line with global digital transformation trends and will enable faster and more accurate data analysis.
Tran Van Chin, Chairman of Arobid.com, said HCMCInvest represents an important milestone in the modernisation of the city's investment promotion activities and translates the Politburo's policies on science and technology development, innovation and national digital transformation into practical applications.
According to him, the platform demonstrates the city's determination to adopt a data- and AI-driven investment promotion model that improves services for investors, enhances operational efficiency and supports economic growth.
During the event, the Ho Chi Minh City Investment and Trade Promotion Centre (ITPC) and Arobid.com signed a cooperation agreement to strengthen coordination in managing, operating and optimising the platform, while establishing a mechanism to monitor and evaluate its performance. Arobid.com also signed a strategic partnership agreement with S&P Global.
The cooperation with the international data and market intelligence provider is expected to enhance the platform with globally standardiwed data, improving information quality, strengthening transparency and increasing the city's attractiveness to foreign investors./.
VNA
