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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Tuesday, July 8, 2025

Vietnam’s digital economy to reach 30% of GDP by 2030

By Nguyen Tan

Must read

HCMC – Vietnam has launched a national action plan to boost its digital economy and make it to account for 30% of gross domestic product (GDP) by 2030, reported the local media.

The plan, approved by Deputy Prime Minister Nguyen Hoa Binh under Decision No. 1437/QD-TTg, outlines objectives for the 2024-2025 period. It builds on a 2022 national strategy for digital and social economy development.

Key tasks include strengthening the information and communications technology (ICT) sector, developing high-quality digital data, promoting digital transformation in key industries, and enhancing digital governance.

The ICT sector is set to act as a cornerstone for digital economic growth, while efforts will focus on expanding data sharing and reuse, piloting data applications, and improving data-driven innovation.

Digital governance will begin with pilot projects in ministries, local departments, and provinces. Virtual assistant platforms will be introduced to help officials draft legal documents, perform administrative tasks, and assist citizens with legal inquiries. The Government also plans to implement data-driven models through smart operation centers that are rolled out nationwide.

Digital transformation efforts will prioritize industries with significant growth potential, such as commerce, agriculture, manufacturing, tourism, and logistics.

Vietnam’s digital economy currently draws 60% of its value from the ICT sector, with the remaining 40% spread across other industries.

The Government said achieving the 30% target will require legal reforms, investment in digital infrastructure, technology integration in key industries, data market development, and measures to protect privacy and strengthen digital skills.

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