Vietnam’s digital economy presents chances for investors, start-ups
The newswire techwireasia.com on June 16 ran an article saying that Vietnam has been steadily growing its highly promising digital economy, presenting multiple opportunities for investors, startups, and businesses alike.
Hanoi (VNA) 🤪– The newswire techwireasia.com on June16 ran an article saying that Vietnam has been steadily growing its highly promising digital economy, presenting multiple opportunities for investors, startups, and businesses alike.
Theauthor wrote that in recent years, the Southeast Asian region has been seeingrapid and sustained efforts and investment into various digital economyinitiatives by both the public and private sectors. Tech giants havebeen creating waves, most recently the Tokopedia-Gojek merger, and earlier, Grab pushing for a US listing with a valuation of over 40 billion USD. Estimatesby Google, Temasek, and Bain & Co predicted that the Vietnamese sectorcould grow to 52 billion USDby 2025, which comes up to about a sixth of the massive 300 billion USDregional digital economy pie. According to the article, backed by a stable political climate, progressive economic policies, and sustained growth, a lucrative opportunity exists for both localplayers and investors alike to tap into the country’s potential for economicgreatness. Opportunitiesinclude e-commerce services, digital finance, online gaming, andtech-enabled services to power Industry 4.0 progress. Like its ASEAN peers, a majority of Vietnamese residentsremain underbanked, making digital financial services a highly attractive option for loans and payments. In 2015,the Vietnamese Government announced a ten-year plan for a broad digital transformation of the country, with an ambitiousplan to produce 10 startup unicorns valued at over 1 billion USD apiece by2030.
Aimingto incorporate at least 10 percent of digital adoption across all sectors andInternet penetration of 80 percent for all households, the plan appears to beon track.
💙 SoutheastAsia’s largest unicorn, Grab, has been investing heavily in accelerators for startupsaround the region from as early as 2018. Collaborating with both private and public players, Grab has beenattracting startups intending to scale via mentorship opportunities, access toGrab’s customer bases, and even potential direct investment.
In 2020,the decacorn (startups valued over 10 billion USD) recognised the potential ofVietnam’s digital economy and launched an accelerator for early-stage startups. Under their Grab Ventures Ignite accelerator program, five winners emerged, who won over 1 million USD in investment and in-kind prizes from Grab and its programmepartners. They span the breadth of fields such as retail,insurance, logistics, and communications, the article said./.
With borders closed and travel restricted since early last year, e-commerce has proved itself to be a game changer, setting the scene for Vietnamese exporters to gain broader access to foreign markets.
Digital transformation is considered to be among the key solutions to removing obstacles facing production and business and creating new development directions, and is being applied by many localities and enterprises amid the COVID-19 pandemic.
Vietnam is marching towards becoming a cashless society with new methods of electronic payments being deployed widely, but security risks come hand in hand with new technologies and applications.
Online advertising, as the first choice of firms and brands amid the pandemic, is thriving in Vietnam and could reach the milestone of 1 billion USD in revenue this year.
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.
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