HCM City, WEF issue joint statement to boost responsible industrial transformation

The Ho Chi Minh City People’s Committee and the World Economic Forum (WEF) released a joint statement on promoting smart manufacturing and responsible industrial transformation in Vietnam on November 26.

The announcement was made within the framework of the 2025 Autumn Economic Forum, with Prime Minister Pham Minh Chinh and Deputy Prime Minister Bui Thanh Son in attendance.

The two sides agreed to cooperate on a tailored basis to advance smart manufacturing and responsible industrial transformation in HCM City, contributing to the global rollout of the Lighthouse OS platform.

They will also provide strategy support for smart manufacturing and pilot implementation in HCM City, through practical tools, capacity-building initiatives, and knowledge-sharing activities.

The two sides decided to task the Vietnam Centre for the Fourth Industrial Revolution in HCM City (HCMC C4IR) and the WEF’s Centre for Advanced Manufacturing and Supply Chains (AMSC) with coordinating the planning and implementation of Lighthouse OS initiatives in Vietnam.

Based on the framework outlined in the joint statement, specific tasks and activities, and the roles or responsibilities of each party will be defined in implementation plans agreed upon by both sides.

This marks a key milestone, not only linking Vietnam to the global innovation network but also establishing a pioneering collaboration between Vietnam and the WEF in advancing smart manufacturing transformation in developing countries.

The milestone also underscores HCM City’s pioneering role in driving innovation, applying science and technology, and developing the digital economy, while opening a promising new chapter of cooperation - where the city continues with innovation toward sustainable growth in partnership with the WEF, contributing actively to the global economic network.

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HCM City advances cooperation with WEF, Ant International

Chairman of the Ho Chi Minh City People’s Committee Nguyen Van Duoc on November 25 held separate receptions for Stephan Mergenthaler, Managing Director of the World Economic Forum (WEF), and Yang Peng, CEO of the Singapore-based digital payments & fintech group Ant International, as part of the 2025 Autumn Economic Forum.

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