Digital technology projected to earn 74 billion USD for Vietnam by 2030: Seminar
Digital technology, if exploited to the maximum, can bring over 1.733 quadrillion VND (74 billion USD) to Vietnam by 2030, with the most beneficial sectors including manufacturing, agriculture and food, and education-training.
The workshop held by the Vietnam National Innovation Centre and Google (Photo: VNA)
Hanoi (VNA) – Digital technology, if exploitedto the maximum, can bring over 1.733 quadrillion VND (74 billion USD) to Vietnam by2030, with the most beneficial sectors including manufacturing, agriculture andfood, and education-training.
The information was unveiled in a report on potential of Vietnam’sdigital economy, which was presented at a recent workshop held in Hanoi.
Conducted by strategic economics consultancy company AlphaBeta,the report showed that Vietnam has many opportunities to benefit from thedigital economy.
Accordingly, the young, educated and tech-savvy population accountsfor 70 percent of its citizens under 35 years old. The literacy rate in the15-35 age group is over 98 percent, higher than the average global rate of 91percent. About 70 percent of the population uses smart phones. Vietnam alsohas the second fastest growing Internet economy in Southeast Asia afterIndonesia.
The report, meanwhile, pointed out a number of barriers inexploiting benefits from digital technology, including regulatory requirements,digital connectivity, and a shortage of digitally skilled human resources.
Co-organised by the Ministry of Planning and Investment’s VietnamNational Innovation Centre (NIC) and Google, the workshop reviewed the currentsituation and possible development of Vietnam's digital economy, as well as mechanismsand policies to promote its growth.
Speaking at the event, Deputy Minister of Planning and InvestmentTran Duy Dong said in the context of being severely affected by the COVID-19pandemic, Vietnam needs to accelerate the digital economy's development on thebasis of science-technology and innovation to improve the quality of life,productivity, efficiency and competitiveness.
World Bank Lead Economist for Vietnam Jacques Morisset recommended that it is necessary forVietnam to focus on upgrading digital skills for workers, encouragingbusinesses’ innovation, and enhancing the accessibility and quality ofinformation.
NIC Director Vu Quoc Huy said the centre has cooperated withpartners such as Google and Amazon to organise online training and capacitybuilding programmes in technology, e-commerce application, and digital transformation for domestic businesses.
He noted the building and implementation of more programmesto support innovation for businesses will be done in the time to come./.
More and more realty firms are using digital platforms to sell their products, driven by the Government's encouragement to develop local digital technology firms amid the COVID-19 pandemic.
Vietnam underlined the importance of efficiency and security in digital technology application in peacekeeping activities and the protection of civilians during an open debate of the United Nations Security Council (UNSC) held on August 18.
Vietnamese businesses, particularly small and medium-sized enterprises (SMEs), must embrace digital and AI transformations to remain competitive and achieve sustainable growth, experts said.
Under the European Union (EU)’s global initiative on Chemical, Biological, Radiological, and Nuclear (CBRN) Risk Mitigation Centres of Excellence (CoE), Vietnam has implemented numerous projects aimed at strengthening national capacity in detecting, preventing, and preparing for CBRN-related threats.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
ANTARA and VNA can design global-scale cooperation programmes or joint media campaigns, demonstrating the comprehensive strategic partnership between Vietnam and Indonesia, as well as the cooperation between the two national news agencies.
As Vietnam’s digital transformation accelerates, both the frequency and severity of cyberattacks are growing. The National Cybersecurity Association (NCA) reported that in 2024 alone, there were some 659,000 separate cybersecurity incidents, impacting around 46.15% of government agencies and businesses.
A key highlight will be the technology cluster pavilion, showcasing top enterprises selected for their innovation, market potential, and practical applications. These firms will display flagship products and solutions, supported by government policies to strengthen the tech sector.
Since 2022, more than 500 Vietnamese startups have engaged in Google’s Startup Academy, Google for Startups Accelerator, and Google Startup Masterclass. Nearly 100 of these firms received support to develop and improve their products, benefiting more than 300,000 customers and creating over 300 new jobs through successful fundraising and team expansion amidst Vietnam’s competitive economy.
Over the past three decades, Binh Duong has cemented its status as one of Vietnam’s most dynamic industrial hubs, building a robust foundation in manufacturing, exports, and investment. The province now has 30 operational industrial parks spanning over 13,000 hectares, with an occupancy rate exceeding 90%.
The diplomat emphasised that Vietnam places the highest priority on the development of science, technology, and innovation, viewing them as critical drivers for the country’s advancement in the new development era.
The PM revealed Vietnam’s plan to develop nuclear power in the near future, and called on the Swedish side to assist Vietnam in developing and refining legal and policy frameworks for the use of nuclear energy for peaceful purposes; training and developing human resources; ensuring nuclear safety; and conducting training and drills to improve incident management capabilities.
More than an art showcase, the second “Technology with heart” contest seeks to inspire innovation and spotlight the humanistic values that technology can bring into daily life, expected to contribute to a sustainable digital future.
The average speed of the national mobile broadband network remained stable, with download speeds reaching 76.86 Mbps and upload speeds reaching 26.98 Mbps.
Under the MoU, AMD will support several key initiatives spearheaded by HCM City’s authorities, including piloting policies, co-hosting innovation events, and evaluating the investment environment within the Saigon Hi-Tech Park.
The centre is a joint initiative between Australia’s Department of Foreign Affairs and Trade and Vietnam’s Ministry of Science and Technology, with PTIT and the University of Technology Sydney (UTS) serving as co-leads, and global telecommunications giant Nokia as founding industry partner.
The new centre, staffed by a team of scientists, researchers, and AI specialists working in Hanoi and Ho Chi Minh City, forms part of Qualcomm’s global AI research group.
As a flagship initiative of the community project “Digital Literacy for All”, the programme forms part of a national scheme to equip 20 million young people with digital business skills.
The organisers hope the competition will help shape a generation of exceptional engineers who will make significant contributions to Vietnam’s scientific and technological progress in this era of transformation.
In the digital age and amidst the Fourth Industrial Revolution, IP plays an increasingly critical role, not only in safeguarding inventions but also in reducing copyright infringement and curbing piracy.
The workshop held by the Vietnam National Innovation Centre and Google (Photo: VNA) 
