Digital Economy Prospects in Vietnam and Identifying Government Support
 
Digital Economy Prospects in Vietnam and Identifying Government Support
 
In this issue of Vietnam Briefing magazine, we examine Vietnam’s digital economy and industries contributing to its growth. This is followed by an explanation of the developing regulatory framework and government support measures available. We conclude with a focus on the e-commerce industry, key growth drivers, and market entry options.
 
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Vietnam’s digital economy has seen significant growth over the last decade and is expected to be valued at US$57 billion by 2025. The country’s digital transformation is well underway and accelerated by the pandemic as businesses consider the possibilities of a virtual world having experienced sudden and overwhelming restrictions on physical mobility. In response, the Vietnamese government is facilitating a regulatory and incentives-based environment to promote technological innovation.

 

Digital transformation has been prioritized across most sectors, impacting ICT infrastructure, cybersecurity, e-government, digital skills, Industry 4.0, and tax policies. Major industries driving the growth of Vietnam’s digital economy include e-commerce, Fintech, ICT, and Edtech, among others.

 
 
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For any questions regarding these publications, syndication opportunities, or business questions and enquiries, please contact Rohini Singh.

 

 
Rohini Singh
Content Manager
Dezan Shira & Associates
rohini.singh@dezshira.com
 
 
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