Vietnamese digital technology industry's revenue estimated at 148 billion USD in 2022
A national forum on the development of digital technology enterprises (Make in Vietnam Forum 2022), one of the biggest annual events of Vietnam’s digital technology industry, was held in Hanoi on December 8.
Hanoi (VNA) –🦄 A national forum on the development of digital technology enterprises (Make inVietnam Forum 2022), one of the biggest annual events of Vietnam’s digital technologyindustry, was held in Hanoi on December 8.
Speaking at the forum,Deputy Prime Minister Vu Duc Dam said that technology carries the mission of paving the way. He also pointed out three issues, namely institutions, human resources and new problems that need to be solved by modern digital technology. Dam urged digitaltechnology enterprises to join hands and stay united to seek digital solutions serving the government and people. Deputy Minister ofInformation and Communications Pham Duc Long affirmed that digital businessesneed to have ambitions and pioneer in helping to turn Vietnam into a developed country by2045. Businesses must turn digital technology into an important driving forcefor creativity and innovation, he said. The Ministry of Information and Communications willconsider changing institutions to better support the development of digitalbusinesses, he said, adding that it will also accompanythe Ministry of Education and Training to develop human resources, making it acore for the national digital transformation process. The ministry will workwith the business community to further explore the domestic market and then,enter the foreign markets, he said. Long said that thedigital technology industry is a bright spot in Vietnam's economy. Its revenue is estimated to reach about 148 billion USD in 2022, marking a year-on-year increase of 10%. Vietnam now has 70,000digital technology firms and the exports of the digitaltechnology industry are estimated at 136 billion USD, Long noted. Vietnamese digitaltechnology enterprises have continued to affirm their pioneering role in research,development and innovation, mastering technology, and making importantcontributions to the process of promoting national digital transformation, he added. At the forum,enterprises shared information about global information technology trends, andproposed solutions to develop sustainable Vietnamese digital technologyenterprises, master the domestic market, and enhance Vietnam's value in theglobal value chain. On the sidelines of theforum, a hybrid exhibition displays and offers participantsopportunities to experience typical Make-in-Vietnam digital technologyproducts, that are expected to serve the development of the digital government,digital economy and digital society./.
The 10th M&A Vietnam Forum 2018 will take place in Ho Chi Minh City on August 8 to analyse and assess merger and acquisition (M&A) opportunities and trends in Vietnam in the new era.
Digital transformation would push Vietnam’s finance-banking system in the years to come, helping it catch up with global standards, said Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Kim Anh.
Vietnam’s merger and acquisition (M&A) market is considered the least affected among the Southeast Asian countries since the onset of the COVID-19 pandemic, but in the new normal state, M&A value is expected to fall substantially to just 3.5 billion USD in 2020.
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.
At the event (Photo: VNA) 
