As the country’s economic engine, Ho Chi Minh City has significant opportunities to realize these ambitions sooner and more fully, provided it acts decisively. New growth momentum must come from productivity gains driven by the digital economy, which is expanding at three times the pace of overall GDP. Identifying most critical bottlenecksDespite its strong potential, the city’s digital economy faces serious constraints, primarily in hard infrastructure and institutional frameworks. When state seed capital is blocked, digital infrastructure and key projects stall, discouraging private investment in turn. Ho Chi Minh City is developing a legal framework to allow fintech and digital asset companies to operate in a controlled environment.

Source: Tuoitre News January 02, 2026 03:25 UTC