Want to be in the loop?
subscribe to
our notification
Business News
HCMC TARGETS COMMERCIALIZATION OF OVER 60% OF AI RESEARCH

A view of downtown HCMC - PHOTO: NHA TAM
HCMC – The HCMC People’s Committee has issued a plan to implement the city’s program on artificial intelligence (AI) research and development for 2026 under the 2020–2030 roadmap.
A key target is to raise the rate of direct application and commercialization of AI research outcomes and intellectual property assets to more than 60%.
To achieve this goal, the city will strengthen mechanisms for commissioning science, technology and innovation projects from the public sector. HCMC encourages domestic technology groups, research institutes and universities to contribute ideas and pilot AI solutions aimed at addressing urban governance challenges, improving public-sector productivity and enhancing information security.
The Department of Science and Technology and related agencies will also organize outreach and training programs on the 2025 Artificial Intelligence Law, which recently took effect, to establish a standardized legal framework for the digital business community.
Alongside policy development, HCMC is accelerating investment in two key technical foundations: computing capacity and big data infrastructure.
On digital infrastructure, the city will prioritize improving 5G coverage quality and expanding Internet of Things (IoT) connectivity. Notably, HCMC plans to study the development of dedicated high-performance computing (HPC) capacity.
This infrastructure is expected to support training large-scale AI models and processing complex tasks related to traffic forecasting, environmental management, healthcare and urban planning. A resource-sharing and allocation mechanism for HPC infrastructure will also be developed to support research institutions, universities and technology companies.
On the data side, authorities will focus on standardizing, digitizing and cleaning sector-specific datasets, particularly in high-priority areas such as land management, construction, urban planning and public administration. The city’s shared data repository and open-data system will be connected through integrated platforms and open APIs to improve accessibility for businesses while maintaining information security through traceability technologies.
Source: The Saigon Times
Related News
AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!
The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.
HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL
Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.
HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST
Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.
LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026
The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.
VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS
Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.
LÂM ĐỒNG TARGETS DIGITAL ECONOMY TO ACCOUNT FOR 30 PER CENT OF GRDP BY 2030
Lâm Đồng Province aims to raise the digital economy’s contribution to around 30 per cent of its gross regional domestic product (GRDP) by 2030, as part of a five-year plan to develop digital economy and society issued recently. Under Plan No. 15358/KH-UBND, the province targets more than 60 per cent of small- and medium-sized enterprises (SMEs) to adopt digital technologies by 2030 while increasing the value of cashless payments to 30 times its GRDP.






















