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Monday, October 13, 2025

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HCMC’s digital economy

“The high target for HCMC’s digital economy is a necessary lighthouse that guides all efforts. The path ahead requires a comprehensive strategy: accurate measurement, a strong ‘conductor,’ and breakthrough policies,” said Dr. Tran Quy, director of the Vietnam Institute for Digital Economy Development and chairman of the digital asset platform company MetaDAP, in an interview with The Saigon Times. A necessary ‘lighthouse’ The Saigon Times: In the draft Political Report of the 1st Congress of the Ho Chi Minh City Party Committee, for the 2025–2030 term, the city sets the goal of the digital economy accounting for 30% of GRDP in this period. How do you evaluate this target? Based on current figures, for example, the digital economy accounting for 25% of the city’s GRDP (before the merger), what growth rate must the city’s digital economy (after the merger) achieve to meet the overall goal? Dr. Tran Quy: The target of having the digital economy accounting for 30% of GRDP by 2030 in the “new megacity” of Ho Chi Minh City (including Ho Chi Minh City, Binh Duong, and Ba Ria–Vung Tau) is very ambitious but not unattainable. I believe this is a necessary goal that reflects the city leadership’s […]
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