Vietnam ranks 63rd out of 113 economies in new global index of digital entrepreneurship systems
Vietnam is ranked 63rd out of 113 global economies in a global ranking of digital environment and support systems for entrepreneurs, a new index developed by the Asian Development Bank (ADB).
Hanoi (VNA) – Vietnam is ranked 63rd out of 113 global economies in a global ranking of digital environment andsupport systems for entrepreneurs, a new index developed by theAsian Development Bank (ADB).
Released earlier this week as part of the Asian DevelopmentOutlook (ADO) 2022, the Global Index of Digital Entrepreneurship Systems(GIDES) puts Singapore in the first place, followed by the United States and Sweden.
“Digital entrepreneurship helped economies stay afloatduring the COVID-19 pandemic, and it can become a major engine of growth andinnovation in the post-pandemic world,” said ADB Chief Economist Albert Park.
“For this to happen, there needs to be a supportiveenvironment enabled by conducive policies and incentives. While the environmentfor Asia’s digital entrepreneurs made substantial strides in the past couple ofyears, there’s still a lot of room for improvement.”
The index measures the quality of the environment fordigital entrepreneurs by looking at the level of digitalisation in eight areas,namely culture, institutions, market conditions, infrastructure, human capital,knowledge, finance, and networking.
In addition to investing in digital infrastructure such asbroadband networks, governments need to promote political stability, reliablelegal systems, open and competitive markets, and strong property rights.
For Asia and the Pacific as a whole, an insufficientlysupportive culture is among the biggest weak spots when it comes to nurturingdigital entrepreneurship. One example is a general lack of public appreciationfor the vital role that entrepreneurs play in economic progress. One way tochange this is to improve the public perception of entrepreneurship througheducation./.
A seminar on technical assistance for Vietnamese female entrepreneurs engaging in cross-border e-commerce was held on January 21 within the framework of the Asia Pacific Economic Cooperation (APEC) forum.
Participants in a dialogue held in Ho Chi Minh City on March 9 underlined the core values of today’s entrepreneurs and measures they should take to adapt to a changing environment so as to accelerate post-pandemic economic recovery and development.
Visa, the world’s leader in digital payments, on March 28 announced the expansion of the She’s Next Grant Programme in Vietnam to support women entrepreneurs in capital mobilisation, business governance and development.
Thai officials highlighted numerous opportunities for their country’s entrepreneurs to do business and trade with Vietnam, at a workshop held in Bangkok on September 22.
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.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustration. (Photo: diendandoanhnghiep.vn)
