Ho Chi Minh City is aiming for a digital economy contributing about 25% and 40% to its gross regional domestic product (GRDP) by 2025 and 2030, respectively. Duong Anh Duc, Vice Chairman of the municipal People's Committee, stated that the local authorities have issued a scheme to transform the southern largest economic hub into a smart city, a digital transformation programme, a data governance strategy, and a research and development programme for artificial intelligence (AI) applications for 2020-2030. These key policy mechanisms for digital data-driven transformation are to not only ensure the set targets but also maximise the city's potential to rise to the level of major peers in the region and other countries. Source: Vietnam News Agency
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