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| Deputy Prime Minister Bùi Thanh Sơn attends the convention reviewing the outcomes of the 2025 Autumn Economic Forum in HCM City on December 31. — Photo baochinhphu.vn |
HCM CITY — Science and technology have been recognized as a decisive driver of city financial growth, as highlighted at a convention reviewing the outcomes of the 2025 Autumn Economic Forum held in HCM City.
The convention on December 31 was attended by Deputy Prime Minister Bùi Thanh Sơn, leaders of central ministries and businesses, present and former metropolis leaders, representatives of departments and sectors, together with worldwide specialists, organisations and members of the enterprise group.
Presenting the abstract report, Lê Trường Duy, director of town Centre for the Fourth Industrial Revolution (HCMC C4IR), stated the 2025 discussion board was held efficiently, attracting greater than 1,800 delegates and almost 100 worldwide delegations.
The occasion introduced collectively 12 leaders from central ministries, representatives from 10 world C4IR centres, and over 75 science and technology establishments worldwide.
A significant spotlight of the discussion board was the clear identification of science and technology as a key driver of city financial growth.
According to assessments shared on the discussion board, science- and technology-based financial sectors contributed round VNĐ1.4 quadrillion (roughly US$57 billion) to the nation’s gross home product in 2025, highlighting vital potential for a growth mannequin pushed by innovation and technological development.
Through a sequence of in-depth thematic discussions, the discussion board generated a number of sensible proposals geared toward strengthening public–non-public partnership mechanisms and mobilising sources for industrial transformation.
Experts emphasised the necessity to enhance coverage frameworks that encourage innovation, technology adoption and enterprise participation in rising industries.
International organisations and specialists additionally urged town to proactively anticipate and embrace new technology waves which can be basically reshaping manufacturing strategies, governance fashions and financial organisation.
Maximising the position of the worldwide C4IR community and partnerships with main science and technology centres was seen as a vital basis for enhancing town’s capability to soak up superior applied sciences and combine extra deeply into world worth chains.
Cross-border cooperation expands
Another notable final result of the discussion board was the announcement of 16 memoranda of understanding signed between home and worldwide companions throughout key sectors, together with finance, fintech, blockchain, digital monetary infrastructure, digital transformation, technology funding, synthetic intelligence, semiconductors, seaports and low-altitude applied sciences.
Cooperation agreements between HCMC C4IR and main worldwide companions are anticipated to contribute to the formation of an increasing cross-border innovation community, making a stable basis for town to advertise innovation, strengthen enterprise capability and improve the general competitiveness of its economic system.
Within the framework of the discussion board, 21 bilateral and multilateral conferences have been held between Government and metropolis leaders and worldwide organisations such as the World Economic Forum, International Monetary Fund, Asian Development Bank, UNESCO and UNDP, as effectively as main world companies.
Discussions centered on strengthening cooperation in science and technology, creating digital city governance capability, constructing a global monetary centre, piloting insurance policies for inexperienced and digital economies, and creating a high-quality workforce to assist town’s long-term growth objectives. — VNS