Want to be in the loop?
subscribe to
our notification
Business News
HANOI CITY WANTS DIGITAL ECONOMY TO CONTRIBUTE 22% TO GRDP BY 2026
Nguyen Duy Ngoc (C), secretary of the Hanoi City Party Committee, inspects scientific and technology products developed in the capital at the Hanoi Innovation Network Exhibition – PHOTO: SGGPO
HCMC — The Hanoi City government aims for the digital economy to contribute 22% of the city’s gross regional domestic product (GRDP) by 2026, officials said on March 11.
The target is part of the city’s implementation of Resolution 57-NQ/TW of the Politburo on breakthroughs in science, technology, innovation, and national digital transformation.
The city has set a higher goal than the national target, which aims for the digital economy to account for 14.5% of GRDP. Hanoi plans to raise the share to at least 40% by 2030, reported Sai Gon Giai Phong newspaper.
In the first two months of the year, Hanoi launched several large-scale initiatives to support science and technology development. These include plans for data centers and an artificial intelligence data center (AIDC), along with upgrades to research institutes and laboratories.
Authorities said the projects are intended to help form a modern science and technology infrastructure for the capital region in the coming years.
Hanoi has also introduced changes to its innovation ecosystem. The city established the Hanoi Innovation Center Joint Stock Company, with 30% of its capital mobilized from private sources.
The center is linked with a technology exchange and a digital transformation marketplace to support the commercialization of research results under a model described by the city as state-led, implemented by businesses, and market-oriented.
In digital transformation, the city has piloted digital government models in 126 wards and communes.
The city allocated VND609 billion to equip these local administrations with technology to operate a two-tier local government model.
Authorities also installed equipment at 139 public service support points to help residents complete administrative procedures.
Hanoi City allocated more than VND9.09 trillion, or about 4% of the city’s total budget spending, for science, technology, innovation, and digital transformation at the start of the year.
Source: The Saigon Times
Related News
PROPERTY / INDUSTRIAL ZONE
VIỆT NAM'S INDUSTRIAL REAL ESTATE MARKET MAINTAINS STRONG MOMENTUM
Industry experts have forecast that Việt Nam's industrial real estate market will continue its positive trend over the next 12–24 months, with solid support from high-quality foreign direct investment (FDI), regional production shifts, and significant nationwide infrastructure projects currently underway. In the first six months of the year, the industrial real estate sector in Việt Nam saw robust growth driven by a substantial influx of FDI.
TECHNOLOGY
VIETNAM TARGETS 50,000 AI-SKILLED PROFESSIONALS FOR KEY SECTORS BY 2030
Vietnam is stepping up efforts to build an AI-ready workforce, targeting 50,000 skilled professionals and 10,000 advanced specialists by 2030 to strengthen strategic industries. Deputy Prime Minister Le Tien Chau signed Decision No.1528/QD-TTg, dated August 11, approving the National Programme on Artificial Intelligence Human Resource Development through 2030, with a vision to 2035.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
HO CHI MINH CITY OUTLINES PLANS TO START FOUR MORE METRO LINES
Ho Chi Minh City People’s Committee plans to begin construction on four metro lines by the end of 2026, which is part of the plan to complete 255km of metro lines by 2030. The first line, which connects Binh Duong New City with Suoi Tien, covers a length of over 32km, with an estimated investment of $2.18 billion. The line will pass through seven wards.
TECHNOLOGY
TECHNOLOGY ASSESSMENT IN THE CONTEXT OF INNOVATION AND GREEN TRANSFORMATION
Vietnam's new vision on strategic foreign direct investment means that the work of Vinacontrol Group in terms of technology assessment is deemed more vital than ever. Vinacontrol Group is currently one of only two organisations nationwide designated by the Ministry of Science and Technology to conduct technology assessment under Decision No.29/2023/QD-TTg, placing it at the centre of a process that increasingly determines whether an investment project can proceed, be adjusted, or be extended.
VIETNAM ECONOMY INVESTMENT
VIỆT NAM SEAFOOD EXPORTS COULD TOP $12 BILLION DESPITE GATHERING HEADWINDS
Seafood exports are expected to top US$12 billion this year, but, according to the Vietnam Association of Seafood Exporters and Producers, the industry will have to contend with four major challenges: higher tariffs, stricter traceability requirements, rising input costs, and intensifying competition in key markets. VASEP said seafood exports in the first seven months of the year were up 11.5 per cent year-on-year at $6.78 billion.
PROPERTY / INDUSTRIAL ZONE
DUNG QUẤT EZ, QUẢNG NGÃI IPS DRAW NEARLY US$19.4 BLN
The Dung Quất Economic Zone and Quảng Ngãi industrial parks have so far attracted 441 projects worth around US$19.4 billion, according to the Dung Quất Economic Zone and Quảng Ngãi Industrial Parks Authority (DEZA). The DEZA now has 350 projects run by 293 companies, employing nearly 81,700 workers, while about 20,000 additional experts, engineers and workers are building mega projects, according to data presented at a workshop marking the authority’s 30th anniversary recently.
Events Sponsors
