Information & communications services revenue hits 47.6 billion USD
Revenue from information and communications services reached 1.13 quadrillion VND (47.6 billion USD) in the first four months of 2023, representing 27% of the annual target, figures from the Ministry of Information and Communications (MIC) show.
Made-in-Vietnam chip produced by Vietnam's FPT corporation, Vietnam ranks third in Asia in terms of semiconductor exports to the US, after Malaysia and Taiwan (China). (Photo courtesy of FPT)
Hanoi (VNS/VNA) - Revenue from information and communications servicesreached 1.13 quadrillion VND (47.6 billion USD) in the first four months of2023, representing 27% of the annual target, figures from the Ministry ofInformation and Communications (MIC) show.
The sector posted turnover of over 313 trillion VND (13.2 billion USD) inApril, up 6% against March but down 1% year-on-year.
Vietnam, along with Thailand, India, and Cambodia, has led a significantincrease in semiconductor chip exports to the US market this year, accountingfor more than 10% of US imported chips for seven consecutive months, accordingto the MIC.
In February 2023, Vietnam's semiconductor chip exports to the US reached 562.5million USD, up from 321.7 million USD in February 2022. Vietnam ranks third inAsia in terms of semiconductor exports to the US, after Malaysia and Taiwan(China).
Vietnam and Thailand are major players in the semiconductor chip manufacturingmarket and have seen their trade with the US increase by 75% and 62%,respectively.
These results confirm the success of the US diversifying its electronics supplychain by shifting manufacturers from traditional markets to emerging markets.
The ministry reports that in April 2023, the industry’s revenue was estimatedto surpass 313 trillion VND, up 6% compared to the previous month. March’srevenue stood at 295 trillion VND or down 1% over the same period last year.
The output of postal service in April was estimated at 175 million parcels withan increase of over 20% over the same period last year. Revenue from postalservice reached 4.65 trillion VND, up 8% over the same period of 2022.
In the field of national digital transformation and digital government, theproportion of online public services was 51.32%, increased by 0.71% over theprevious month with 50.61%.
In the field of digital economy, in March alone, the total number of downloadsof mobile applications in the country stood at 280 million, marking an increaseof 13% against February. Direct revenue from mobile app transactions was 34.8%year-on-year increase./.
A Vietnamese delegation has attended the fourth session of the UN Ad Hoc Committee to Elaborate a Comprehensive International Convention on Countering the Use of Information and Communications Technologies (ICT) for Criminal Purposes.
Vietnam's information and communication technology (ICT) companies are well-positioned to make strong breakthroughs and reach out to the world in the near future, on the back of widespread Internet access, abundant workforce and support from authorities at all levels.
The information and communication technology sector has grown by 6-9% each year and has often exceeded the country’s GDP growth rate in recent years, attendees were told at workshop held by the Ministry of Information and Communications (MIC).
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Made-in-Vietnam chip produced by Vietnam's FPT corporation, Vietnam ranks third in Asia in terms of semiconductor exports to the US, after Malaysia and Taiwan (China). (Photo courtesy of FPT) 
