Southeast Asia Information Port (www.dnyxxg.com) – Vietnam is currently in a period of strategic acceleration, striving to become an upper-middle-income developing country with a modern industrial base by 2030 and a high-income developed country by 2045. The digital economy has been identified as a crucial pillar for achieving this goal.
Since the Politburo issued Resolution No. 57 in December 2024 on achieving breakthroughs in science and technology, innovation, and national digital transformation, Vietnam's digital economy has experienced rapid growth. In 2025, its added value is projected to account for 14.02% of GDP (approximately US$72.1 billion), 1.64 times that of 2020; the number of digital technology enterprises nationwide is expected to reach approximately 80,000, a significant increase compared to 2020, and the digital economy's share of GDP in the service sector will also rise from 6.5% to 7.2%.
The National Statistics Department of the Ministry of Finance of Vietnam stated that the digital economy is advancing in both breadth and depth, with significant improvements in the level of digitalization in trade, finance, and other fields. In provinces such as Bac Ninh and Thai Nguyen, its contribution to regional GDP exceeds 20%, becoming a differentiating factor for local economic growth. Vietnamese Prime Minister Pham Minh Chinh pointed out that the digital economy is an important way to promote innovation in growth models and enhance competitiveness. However, currently, it is still mainly focused on the digitalization of traditional industries, failing to achieve a fundamental transformation of the growth model. Furthermore, domestic value added is relatively low, and there is a heavy reliance on foreign investment and cross-border platforms. In accordance with Resolution No. 57, Vietnam aims to have the digital economy account for at least 30% of GDP by 2030 and at least 50% by 2045. Future growth will require breakthrough innovation to increase added value.
Digital enterprises are the core force driving Vietnam's digital economy development. Minister of Science and Technology Nguyen Manh Hung stated that the country will build an overall framework for the digital economy, with digital technology groups and enterprises undertaking core tasks such as building digital infrastructure. Meanwhile, the rise of the low-altitude economy, integrating green and digital economies, is seen as an important new development direction, with a projected market size of US$2-3 billion by 2030.
Experts suggest that Vietnam needs to formulate a clear low-altitude economy development strategy, promote self-sufficiency in core technologies, increase investment in infrastructure and talent cultivation, and gradually expand through pilot programs to seize development opportunities. (End)
