A customer scans a QR code to make a payment. (Photo: VNA)
Hanoi (VNS/VNA) - The country wants to raise the digital economy’s contribution to gross domestic product (GDP) to 20 percent by 2025 and 30 percent by 2030.
This is one of the targets set in the draft national strategy on the Fourth Industrial Revolution by 2030.
According to the strategy compiled by the Ministry of Planning and Investment, Industry 4.0 had caused changes to socio-economic activities, opening up both opportunities and challenges to global economies.
Many countries have already implemented plans and policies to exploit the benefits and overcome the challenges of the Fourth Industrial Revolution to boost economic growth and improve competitiveness.
The strategy said Industry 4.0 would help the country renew its growth model and restructure the economy as well as create breakthroughs for modernisation.
It aims to bring Vietnam into the top three digital governments in ASEAN by 2030. Meanwhile, 5G network coverage would be available nationwide.
To realise these targets, the strategy maps out six solutions including improving institution quality and policy-making ability; developing connection infrastructure and data exploitation; developing human resources; building e-Government toward digital Government; developing and improving national innovation ability; and investing and developing basic 4.0 technology.
Industry 4.0 was also expected to create 1.3-3.1 million jobs by 2030./.
The International Data Group in Vietnam (IDG) and the Radio and Electronics Association of Vietnam jointly held a teleconference named “World Mobile Broadband & ISP 2020” on March 27 aiming to seek technology solutions to boost digital economic development in the country.
Secretary of the Hanoi Municipal Party Committee Vuong Dinh Hue has said that the city is willing to listen to enterprises’ feedback to untie “knots” regarding policies, site clearance and planning adjustments, as public and private investment is an economic lifesaver of the city's economy.
The digital and platform economies would become pillars of our future society, said Nguyen Duc Thanh, former director of the Institute for Economic and Policy Research (VEPR).
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier 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.