Hanoi is to develop its digital economy under four pillars: information technology (IT), the digitalization of economic sectors, digital administration, and digital data.

This forms part of a 2024 plan on digital transformation and building Hanoi into a smart city, which has been issued by Chairman of the Hanoi People’s Committee Tran Sy Thanh.

Vietnam’s capital has set out three key tasks in doing so, including developing digital government, the digital economy, and the digital society.

Regarding the development of a digital economy, it will speed up the development of four types of digital enterprises, focusing on startups applying digital technology to create new products and services and building mechanisms to attract investment and accelerate the construction of IT zones in the city that have been licensed by authorized agencies.

The capital will also pay due regard to preparing a master plan on building a smart Hanoi by 2025 with a vision towards 2030.