HCM City, May 5 -- 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....