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Digital economy – The driving force for growth and development of Ho Chi Minh City in the future

This is the common opinion of representatives of the Party, Government and business community, experts at the ongoing 2022 Ho Chi Minh City Economic Forum event organized by the People’s Committee of Ho Chi Minh City. , with topics “Digital economy – The driving force for growth and development of Ho Chi Minh City in the future.

Dozens of businesses exhibiting at this year’s Ho Chi Minh City Economic Forum have partly shown a growing digital economy ecosystem of Vietnam in general and Ho Chi Minh City, especially with impact during the pandemic.

However, the question is how to better strengthen the connection between components in the digital economy ecosystem, finding a standard digital transformation model is the discussion goal of the forum. this.

Digital economy - The driving force for growth and development of Ho Chi Minh City in the future - Photo 1.

Technology businesses introduce products at the Forum. (Photo: VNA)

This year’s digital economy forum has the largest scale compared to previous years. With the participation of more than 900 domestic and international delegates.

According to the leader of the People’s Committee of Ho Chi Minh City, the highest goal of the forum is to find a standard digital transformation model in state agencies and businesses; develop mechanisms and policies for businesses to participate in digital transformation, find investment resources, so that the city’s digital economy in particular can take a longer and more effective step.

According to calculations by the Ho Chi Minh City Development Research Institute, the scale of the city’s digital economy in 2021 will reach nearly VND 192,000 billion, accounting for about 15% of the total local product GRDP.

Ho Chi Minh City has set a target that in the next 3 years, the share of the digital economy in GRDP will nearly double today, reaching 25%. To achieve this goal, the city needs to overcome major challenges, especially the limitation of small and medium enterprises, which make up the majority.

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