HCMC – Vietnam’s digital economy grew faster than other ASEAN countries in both 2022 and 2023, according to a report by the Ministry of Information and Communications
This report was presented during a government meeting chaired by Prime Minister Pham Minh Chinh on July 19, focusing on accelerating the nation’s digital transformation.
In 2020, Vietnam ranked sixth in ASEAN for digital economy growth and climbed to third place in 2021. In 2022 and 2023, it secured the top spot.
Google’s report showed a 28% growth in Vietnam’s digital economy in 2022, and 19% in 2023, marking an increase 3.5 times higher than the country’s GDP growth rate.
In the 2022 AI readiness index, Vietnam ranked 55th globally, with Singapore, Malaysia, and Thailand placed second, 29th, and 31st respectively.
Additionally, Vietnam ranked 25th out of 194 countries and territories in the global cybersecurity index.
Vietnam’s self-assessment revealed a steady increase in its national digital transformation index, reaching 0.71 points in 2022.
Component indices for digital government, digital economy, and digital society have consistently maintained high growth rates of 45% to 55%.
The rate of online public services has surged from nearly 11% in 2019 to 55% by 2023.
The ministry estimates that the digital economy’s contribution to Vietnam’s GDP will reach 16.5% in 2023 and is seen to rise to 18.5% by June 2024.
