Science, expertise, and innovation have more and more affirmed their position as main drivers of Ho Chi Minh City’s growth, laying a vital basis for town’s subsequent section of growth.

Mr. Tran Luu Quang, Member of the Party Central Committee and Secretary of the HCMC Party Committee, met with town’s science and expertise neighborhood and the startup–innovation ecosystem below the theme “HCMC Toward a Global Digital Economy Hub and an International Center for Innovation and Startups” on the afternoon of December 9. Joining him have been senior metropolis leaders and representatives from the Vietnam Academy of Science and Technology, together with researchers, entrepreneurs, and revolutionary startups.

At the dialogue, metropolis leaders listened to and mentioned with consultants how HCMC might speed up its transformation into each a nationwide and worldwide heart for the digital financial system and innovation. Delegates exchanged views on mechanisms and options to foster stronger scientific and technological growth, and explored how these fields might contribute extra considerably to town’s socioeconomic progress. Participants additionally raised the query of what breakthroughs HCMC should pursue to keep up its pioneering position in science, expertise, and innovation.
Enterprises and scientists proposed coverage options, useful resource mobilization methods, and concepts to advance innovation and science and expertise. They additionally highlighted the necessity for robust implementation of the Politburo’s Resolution 57 on main breakthroughs in science, expertise, innovation, and nationwide digital transformation.

In current years, science and expertise have clearly demonstrated their significance as engines powering HCMC’s growth. The metropolis at present ranks second nationwide in each the Digital Transformation Index and the National Innovation Index. Its startup ecosystem stands at a hundred and tenth globally and fifth in Southeast Asia. Notably, HCMC now ranks thirtieth worldwide in blockchain growth—an asset that strengthens its digital finance panorama.

These achievements stem from persistent efforts to implement a collection of prioritized options, together with growing breakthrough mechanisms and insurance policies to draw expertise and funding; providing non-refundable monetary help for innovation; adopting preferential wage frameworks; and establishing internationally accredited analysis facilities. The metropolis has additionally pressed forward with administrative reforms, focused funding promotion in science and expertise, and the excellent growth of human sources.

Looking towards the following 5 years, HCMC has recognized key targets: making certain the digital financial system accounts for 30–40 p.c of GRDP; turning into a world-class innovation heart by 2030; elevating its startup ecosystem into the worldwide Top 100; and establishing at the very least 5 internationally accredited analysis facilities in strategic technological domains.

To notice these ambitions, town will pursue three strategic breakthroughs.
First, in mechanisms, insurance policies, funding attraction, and strategic applied sciences, HCMC will prioritize its strengths—AI, cloud computing, semiconductors, robotics, blockchain, and biomedical applied sciences. It will even set up a new-model startup help fund to attract capital from enterprise funds, whereas channeling sources into high-potential innovation facilities.

Second, in digital governance and digital human sources, town will speed up knowledge integration and digital-platform growth to construct a data-driven authorities mannequin.
Third, HCMC will strengthen the “Four Pillars” partnership (universities, authorities, enterprises, and funding funds/banks), bolster expertise diplomacy, and draw worldwide consultants. At the identical time, it’ll intensify efforts to develop high-quality digital expertise to protect and increase town’s aggressive edge.
By Van Minh – Translated by Thuy Doan