HCMC is implementing breakthrough insurance policies and resolving essential bottlenecks to foster technological innovation, aiming to change into a number one digital and sustainable financial hub in the area.

HCMC is synchronously deploying advanced duties to implement the Politburo’s Resolution No.57-NQ/TW concerning breakthroughs in nationwide science and know-how (S&T), innovation, and digital transformation.
As of early July, it’s reported that town had flawlessly accomplished 183 out of 290 duties explicitly assigned by the Government; eight duties are actively being executed inside their strict deadlines, 99 duties signify common duties, and there are not any overdue duties.
Running parallel with perfecting main mechanisms and insurance policies, town can be proactively getting ready optimum circumstances to develop a sprawling S&T city space, a sturdy information economic system, the commercialization of analysis outcomes, mental property improvement, and the hearty attraction of high-quality human sources.
According to the HCMC Department of Science and Technology, alongside the achieved outcomes, there stay precisely seven teams of lingering points that desperately want resolving:
- Many novel technological fields akin to synthetic intelligence (AI), blockchain know-how, information, digital property, or rising enterprise fashions are creating a lot sooner than the capability to good laws.
- The commercialization of analysis outcomes from public establishments nonetheless faces quite a few authorized obstacles.
- The mechanisms for mobilizing enterprise capital, public-private partnerships, and investing in AI and information infrastructure aren’t really open and ethereal simply but.
- High-quality human sources haven’t adequately met the rigorous calls for for fast improvement, particularly in cutting-edge technological sectors.
- The sprawling innovation ecosystem nonetheless sorely lacks large main enterprises to correctly information the way.
- The monetary mechanism for S&T and innovation isn’t suitably tailor-made for their extremely particular, high-risk nature.
- The testing and software setting for new applied sciences nonetheless lacks a extremely favorable authorized hall, whereas administrative procedures in sure areas stay overly advanced, lowering the power to seize golden alternatives from brand-new technological traits.
For Deputy Director Vo Minh Thanh of the HCMC Department of Science and Technology, strategic collaboration is vital. He famous that the division is actively coordinating with related companies to determinedly suggest 18 breakthrough mechanisms and insurance policies strictly inside the S&T sector.
The major focus is closely positioned on:
- mobilizing extremely various social sources;
- comprehensively deploying a managed testing mechanism (sandbox);
- fiercely selling the commercialization of analysis outcomes;
- attracting top-tier specialists and scientists;
- creating S&T infrastructure, shared databases, alongside AI purposes instantly in city governance.
Experts in the sphere voiced that particular mechanisms and insurance policies can solely really exert their effectiveness once they go hand-in-hand with sturdy analysis capabilities, high-quality human sources, and a thriving know-how market.
Dr Trinh Xuan Thang, Director of the Research and Development Center at Saigon Hi-Tech Park (SHTP Labs), argued that S&T organizations desperately want to quickly transition from a standard analysis mannequin to a much more dynamic one which concurrently masters know-how, creates tangible merchandise, and easily commercializes these hard-earned analysis outcomes.
Within this framework, digital transformation and inexperienced transition are two deeply interconnected orientations, basically making a rock-solid basis for a modernized and extremely sustainable improvement course of.
Digital transformation vigorously promotes the wholesome software of massive information, AI, the Internet of Things, cutting-edge automation, and sensible governance. Meanwhile, the inexperienced transition lays down strict necessities for creating novel supplies, clear power, resource-saving applied sciences, large emission reductions, and a sturdy round economic system.
Ultimately, the seamless mixture of those two processes creates a extremely potent “dual transformation,” opening up a large demand for researching, creating, and totally mastering strategic applied sciences.
“As for SHTP Labs, the unit will heavily focus on developing the fields of semiconductors, Micro-Electro-Mechanical Systems (MEMS), smart sensors, Artificial Intelligence of Things (AIoT), nanomaterials, biotechnology, new energy, and precision mechanics combined with automation. These are all highly specialized sectors intricately tied to digital transformation, the green transition, and the city’s strategic technology development.”
Dr Trinh Xuan Thang
Providing a recent perspective, Dr. Tran Minh Ngoc from the People’s Public Security Political Academy advised that for S&T to genuinely change into HCMC’s major driving power, officers should untie current knots using mechanisms that boldly transcend conventional frameworks.
This complete method contains absolute autonomy, extremely environment friendly finances allocation, and a profound willingness to settle for inherent dangers in advanced analysis, thereby considerably serving to to forge sensible merchandise and beneficial mental property.
Sharing a strikingly comparable perspective, Director Nguyen Hai An of the HCMC Biotechnology Center (HCMBiotech) famous that alongside closely investing in analysis infrastructure, town really wants particular mechanisms concerning taxes, credit score, administrative procedures, and a regulatory sandbox. This will promote the fast commercialization of state-funded analysis outcomes, broaden worldwide cooperation, prepare high-quality human sources, and actively entice main specialists to elevate analysis capabilities.
To proactively anticipate town’s 18 breakthrough S&T mechanisms and insurance policies, Director Chung Thi Van Anh of the Student Experience and Corporate Relations Center at Ba Ria – Vung Tau University supplied an important observe. She pressured that HCMC should urgently resolve the obvious misalignment inside the intricate relationship between individuals, know-how, and establishments, that are the three core components embedded in digital transformation.
Human useful resource improvement options want to be firmly positioned inside the metropolis’s main digital human useful resource improvement technique, aiming to type a extremely succesful workforce that may totally grasp know-how, adapt quickly to a contemporary digital setting, and successfully take part in the sprawling innovation ecosystem.
In the tip, this additionally serves as an essential situation for HCMC to actualize its bold purpose of turning into the area’s main know-how and innovation hub.
By Quang Huy – Translated by Thanh Tam