Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Vietnam Approves Digital Economy Development Strategy

Deputy Prime Minister, Vu Duc Dam, recently signed a decision approving the national strategy for its digital economy and society development through 2025, with orientations to 2030. The plan aims to drive the country to overcome the status of a low-middle-income country by 2025, become an upper-middle-income country by 2030, and a high-income country by 2045, according to a statement by the Ministry of Information and Communications (MIC).

The government assigned MIC to take prime responsibility for accelerating the development of the digital economy. The Ministry has also been tasked to direct and aid other ministries, agencies, and localities in implementing the strategy and annually update the Prime Minister with reports on their performances. Vietnam has set a target to increase the gross domestic product (GDP) share of the digital economy to 20% by 2025, according to a resolution passed by Politburo on guidelines for participation in the fourth industrial revolution.

The strategy identifies institutions, infrastructure, human resources, and businesses that play important roles in the development of the digital economy and society. The strategy sets out 17 groups of tasks and 8 groups of solutions, to help boost the penetration of digital technology and data into all aspects of business production, government operations, and people’s lives. A report noted the post-pandemic scenario presents opportunities that Vietnam needs to quickly seize. It must make concerted efforts to develop new business lines, open up new markets, and create more new jobs. The task of developing the digital economy and society is a top priority in most of the country’s development strategies. Creating a robust digital society is also expected to make people happier, participate in more comprehensive social activities, and enjoy more favourable social security policies, contributing to making Vietnam a safe, humane, and digital country.

A report from 2019 showed that Vietnam’s digital economy could be valued at US$43 billion by 2025. The country is one of the two fastest-growing digital economies in Southeast Asia, with average growth rates in excess of 40% since 2015, in which e-commerce is a key driver behind the remarkable numbers. These dynamics are unlocking opportunities for entrepreneurial Vietnamese small and medium-sized businesses, which have shifted online to do business.

Vietnam is expected to be the fastest-growing e-commerce market in Southeast Asia by 2026, with e-commerce gross merchandise value (GMV) reaching US$56 billion by 2026, 4.5 times the estimated value of 2021. The revenues of the ICT industry last year reached US$136.2 billion, 13.8% of which belonged to Vietnamese companies (US$18.78 billion). In 2022, MIC aims to increase the total quantity of digital technology businesses in Vietnam to 70,000.

Recently, the country announced it would support local businesses with tech innovation. Over the next five to ten years, the Ministry of Science and Technology will adjust national science and technology tasks and programmes to adapt to companies’ needs for technological innovation. The National Technology Innovation Fund and the National Foundation for Science and Technology Development will be crucial components of the project.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit