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Catalysing Green Growth: Vietnam’s Ambitious Digital Transformation Agenda

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The annual Report on Digital Transformation 2023 was launched by the Ministry of Planning and Investment (MPI) and the German Agency for International Cooperation (GIZ) at a press conference in Hanoi, providing enterprises with an insight into the twin green and digital transition trends.

Image credits: VNA

Speaking at the event, Deputy Director of the MPI’s Enterprise Development Department Nguyen Duc trung said that the report is an update of the digital transformation in the world and Vietnam in particular, while highlighting the twin transition that has been carried out by enterprises across the globe.

With valuable information as well as digital and green transition stories, the report will help the business community make the right choices during the process, he said, adding it is also expected to offer ministries, agencies and localities new approaches to support enterprises.

As part of the programme to support businesses to go digital during 2021-2025, various activities were implemented by the MPI and competent domestic and international parties, with a focus being raising digital transformation awareness of enterprises across 63 cities and provinces.

Firms have understood the significance of digital transformation, with many proactively integrating digital transformation targets into their development strategy as well as mobilising necessary resources for digital transformation projects, the report revealed. It stated that the twin transition has become increasingly important on a global scale, with initiatives revolving around sustainably improving productivity and economic efficiency, enhancing climate change resilience, and cutting or eliminating greenhouse gas emissions.

In Vietnam, digital technology and digital transformation are expected to be a motivation to bolster green economic transition and realise strategic targets for green growth. According to the Director for Sustainable Economic Development at GIZ Vietnam, Dennis Quennet, although enterprises are well aware of digital transformation, they need supporting policies and programmes to make breakthroughs in the process in the coming time.

Vietnam is actively pursuing a sustainable future across various fronts, including energy, environmental conservation, and climate resilience. Embracing digital solutions, the nation seeks to empower all sectors of society, catalysing transformative change towards a more sustainable and resilient future.

Led by the Enterprise Development Department (EDD) under the Ministry of Planning and Investment (MPI), a comprehensive digital transformation programme from 2021 to 2025 is underway. OpenGov Asia reported that the plan is aimed at enhancing awareness and adoption of digital practices among businesses nationwide.

This strategic integration of digital technology is expected to accelerate Vietnam’s green economic transition, aligning with goals for sustainable growth and environmental stewardship.

In another article, OpenGov Asia learned that the Ministry of Industry and Trade (MoIT) in Vietnam is embarking on an ambitious digital transformation plan focused on the energy sector. This initiative aims to digitise administrative procedures and to transition 90% of them to online platforms through the public services portal.

Additionally, the plan includes the complete digitalisation of all documents related to the energy sector, promising enhanced efficiency and modernisation. Central to this effort is the development of a synchronised information system covering various aspects of the energy industry, facilitating streamlined operations and improved data accessibility.

Vietnam is also making significant strides in expanding electricity access and improving energy infrastructure, with targets set to elevate its position among the top three in the ASEAN region by 2025. As part of this initiative, Vietnam Electricity (EVN) is intensifying efforts to deploy electricity e-meters, aiming for a 95% installation rate by 2025 and full coverage by 2030, empowering consumers with convenient monitoring and fostering greater transparency in energy consumption.


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