Comprehensive digital transformation: Major contribution to HCMC’s GRDP
Ho Chi Minh City has set a target for the digital economy to represent 25 percent of the city’s Gross Regional Domestic Product by the year 2025, and to increase this figure to 40 percent by 2030. This goal exceeds the national average by 5 percent to 10 percent, reflecting both the city’s ambitious vision and the challenges it faces in advancing its digital economy.
In the implementation plan for the Project ‘Developing Digital Economy, Sharing Economy, and Circular Economy in Ho Chi Minh City from 2020-2025 with a vision to 2030’ for the 2024-2025 period, the municipal People’s Committee has identified four key pillars to promote digital economy development comprising the information technology industry, digitization of economic sectors, digital management, and digital data. The plan also focuses on creating a favorable business environment for digital technology enterprises and addressing challenges that arise in the digital economy development process.
Translated by Anh Quan
