Opportunities for business breakthroughs in the digital economy
The digital economy is becoming a key growth driver for Viet Nam, with its share of Gross Domestic Product (GDP) projected to reach 14.02% — equivalent to 72.1 billion USD — by 2025.
#Digital economy
The digital economy is becoming a key growth driver for Viet Nam, with its share of Gross Domestic Product (GDP) projected to reach 14.02% — equivalent to 72.1 billion USD — by 2025.
Viet Nam has identified the digital economy as central to its national development strategy. However, the digital economy remains constrained by numerous unresolved institutional bottlenecks, fragmented regulations, and an adaptability that lags behind the pace of digitalisation. Refining the institutional framework for the digital economy is an urgent requirement in the journey to realise the nation's development goals.
Digital signatures and trust services play a vital role in ensuring the security of electronic transactions. In the face of the challenges posed by quantum computing, proactively transitioning to post-quantum cryptography has become an urgent requirement to safeguard digital trust and foster sustainable development in the digital economy.
In the era of digital transformation, the digital economy has become a core driver of productivity growth, greater production efficiency, business model innovation and the restructuring of global value chains.
A 100-day action plan has been launched aimed at removing long-standing bottlenecks in digital transformation across the country's political system.
Watching films on free websites, downloading e-books or using unlicensed software were once common practices. As science-technology, innovation and the digital economy become drivers of national development, awareness of the value of intellectual property is also changing.
As the country enters a new stage of development with growing demands for renewing its growth model, improving labour productivity and achieving sustainable development, the digital economy and the green economy are emerging as key drivers of economic growth.
Viet Nam has emerged as an increasingly important driver of regional economic integration over the past three decades, with two-way trade with ASEAN soaring to approximately 91 billion USD in 2025 from only 3.26 billion USD in 1995.
The Digital Economy and Digital Society Development Programme for 2026–2030 aims for the digital economy’s value-added contribution to account for approximately 30% of GDP; for at least five digital technology enterprises to reach parity with those in advanced countries; and for the development, promotion, and deployment of at least five data exchanges.
Viet Nam’s digital economy contributed an estimated 14.02% of GDP in 2025, equivalent to approximately 72.1 billion USD, the Ministry of Science and Technology revealed at its regular press briefing on June 1.
Ho Chi Minh City was tasked with continuing to refine the two-tier local administration model in a streamlined, effective, and substantive way; stepping up decentralisation and delegation of authority alongside power control and accountability; and building quantitative criteria to assess operational effectiveness, with citizens and businesses placed at the centre of service delivery.
General Secretary of the Communist Party of Viet Nam (CPV) Central Committee and State President To Lam on April 24 held phone talks with Australian Prime Minister Anthony Albanese.
General Secretary of the Communist Party of Viet Nam Central Committee To Lam has underscored the vital role played by young people in shaping the nation’s future in an article written the occasion of the 95th founding anniversary of the Ho Chi Minh Communist Youth Union (March 26, 1931 – 2026).
5G is gradually becoming part of everyday life, creating specific changes to urban governance, production organisation, and people’s daily lives. The successful deployment of 5G is also an important benchmark for assessing the effectiveness of strategic digital infrastructure.
Amid mountain peaks shrouded in cloud all year round, a quiet yet powerful revolution is taking place. Hands once accustomed only to holding hoes and sowing maize now glide across smartphone screens. Once held by the haunting grip of poverty and prejudice, farmers from ethnic minority communities have stepped beyond fear to write an inspiring story in the digital space.
Prime Minister Pham Minh Chinh has called for five strategic breakthroughs in digital data, guided by the motto of drastic action with results as the key yardstick, coordinated implementation, data as an asset, data infrastructure as the foundation, data economy as the spearhead, data security as critical importance, and people and businesses placed at the centre.
Prime Minister Pham Minh Chinh, who heads the National Steering Committee on Data, chaired its first meeting on January 12.
As the digital economy continues to expand at a rapid pace, the promotion of data connectivity and interoperability is increasingly delivering major benefits, helping to improve the quality of services for citizens and businesses.
Viet Nam's digital technology industry solidified its role as a major economic driver in 2025, delivering strong financial and export performance that far surpassed targets, according to the latest report by the Ministry of Science and Technology.
“Make in Viet Nam” is entering a phase of strong transformation, as digital technology enterprises move beyond outsourcing to proactively master technologies and develop products aligned with the real needs of people and the global market.