HCM City will begin implementing preferential policies this week to attract and retain talented people who can contribute to the city’s economic, social and cultural development.

HCM City will offer preferential policies to attract and retain talented people.
— VNA/VNS Photo Phuong Vy

The city's People’s Committee issued a decision earlier this month to offer financial and other incentives to experts, scientists and people with special talents in various fields in the 2019-22 period.

The fields include information technology, Internet of Things, artificial intelligence, smart city, supporting industries, logistics, high-tech agriculture, biotechnology, stem cells, new materials, nano-technology, digital technology, renewable energy, and electronic components.

The city also needs talented policymakers, state managers and urban planners, as well as personnel in infrastructure development and management, public transport, construction, underground spaces, environmental issues, natural disaster prevention and climate change adaption.

The fields of high-tech healthcare, public services, education and training, culture, art, sports, tourism and social sciences also need more talented staff.

Experts, scientists and people with special talents will receive initial support of VND100 million ($4,305) each.

People with special talents will receive a grant of VND30-50 million ($1,290-2,150) per person per month to cover living expenses, depending on their accomplishments.

Talented people in the fields of science and technology, policy, urban infrastructure, urban planning and public governance will receive priority to attend training courses both at home and abroad to improve their professional capacity.

In addition, the city will also offer support for accommodation and transportation costs.

To encourage scientific research and technological development, people will receive an additional income equivalent to 1 per cent of the city’s budget spent for their research work and products.

This bonus will range from VND50 million ($2,150) to VND1 billion ($43,070) for each expert or scientist, and up to VND1.5 billion ($64,600) for a group.

These incentives will be applied to people who meet the requirements, including good health, clear CV, and no prior criminal prosecution.