Prime Minister Pham Minh Chinh on November 25 chaired CEO 500 – TEA CONNECT, a high-level dialogue between the Government and business leaders attending the Autumn Economic Forum in Ho Chi Minh City.
The event was held as part of the Autumn Economic Forum 2025 hosted by Ho Chi Minh City to discuss pathways for the southern city to establish itself as an international megacity in the near future.
The gathering brought together more than 500 leaders of local and foreign businesses, who were briefed on HCM City’s 2026–2030 development strategy, with a vision toward 2045, along with key investment projects. Participants also exchanged ideas and cooperation initiatives to help the city advance its transformation into an international megacity in the digital era.
In his address, PM Chinh thanked the World Economic Forum (WEF) for accompanying and assisting Vietnam in hosting the 2025 Autumn Economic Forum. He praised the practical, responsible, and enthusiastic contributions from international partners and domestic and foreign enterprises. He called for their continued cooperation and support for the development of both HCM City and Vietnam as a whole.
According to Mr. Tran Luu Quang, Secretary of the municipal Party Committee, HCM City—home to over 14 million people and contributing nearly 25% of Vietnam’s GDP—continues to affirm its role as the country’s economic engine and a leading hub for trade, finance, industry, education, healthcare, and international commerce. The city plays its role as a pioneering contributor to the national development.
HCM City is currently restructuring its development space and shaping a new strategic vision based on five integrated and interconnected strategic development pillars, including high-tech industry and innovation, where digital technology, AI, semiconductors, and big data are pervasive drivers; logistics and free trade linked to seaports, airports, and free trade zones; the development of an international financial center; tourism and cultural industries, creating added value from culture, creativity, art, entertainment, and international events; and education, healthcare, and science and technology aimed at regional and international standards.
On the occasion, 11 cooperation deals were signed between Ho Chi Minh City, Da Nang City and business giants, namely:
- The Memorandum of Understanding on cooperation in domestic supply chain development between Ho Chi Minh City High-tech Park Management Board and TTI Group;
- The Memorandum of Understanding on cooperation on cooperation in microchip training between Ho Chi Minh City High-tech Park Management Board and SynoSys;
- The Memorandum of Understanding on cooperation in chip testing training between Ho Chi Minh City High-tech Park Management Board and FPT Semiconductor;
- The Memorandum of Understanding on cooperation between Ho Chi Minh City High-tech Park Management Board and the Low Altitude Economy Alliance;
- The Memorandum of Understanding on cooperation in low altitude space technology between Ho Chi Minh City Center for the Fourth Industrial Revolution (HCMC C4IR), School of Aerospace Engineering (SAE), SaigonTel, and Accelink (the U.S.);
- Cooperation agreeement between HCMC C4IR and SRI International on establishment of a platform for knowledge exchange and transfer beetween Vietnam and the U.S.;
- The Memorandum of Understanding on cooperation in data center development between HCMC C4IR, SaigonTel and Naver;
- The Memorandum of Understanding on cooperation in seaport development investment in Ho Chi Minh City between Los Angeles Port, HCMC C4IR, ECV and SaigonTel;
- The Memorandum of Understanding between HCMC C4IR and Ant International (A&I);
- The Memorandum of Understanding between between HCMC C4IR and the Department o Science and Technology of Da Nang City; and
- The Memorandum of Understanding on cooperation in building international financial center in Ho Chi Minh City between Binance and the Department of Finance of Ho Chi Minh City.
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