Hanoi (VNA) – Vietnam’s internet economy was valued at about 21 billion USD in 2021, contributing to 5 percent of GDP and rising seven-fold from 2015.
The information was released at the Vietnam - Asia Digital Transformation Summit (Vietnam - Asia DX Summit) 2022 that opened in Hanoi on May 25.
Nguyen Van Khoa, Chairman of the Vietnam Software & IT Services Association (VINASA), said the internet economy’s size last year showed that despite the COVID-19 pandemic’s impacts, digital transformation has generated strong growth for the digital economy.
Vietnam now has a chance to promote the internet economy, especially by applying and developing digital transformation applications and platforms, he added.
He considered the Government’s target for the digital economy making up 20 percent of GDP by 2025 as a big challenge to all sectors, especially digital technology companies.
Visitors at the event (Photo: VNA)
To quickly boost the digital economy, Vietnam needs joint efforts by the entire political system and, especially, IT and software enterprises, Khoa added, pointing out that those firms should create quality digital transformation platforms and solutions, press on with developing related technologies such as artificial intelligence, machine learning, and blockchain, and assist agencies, organisations, and businesses nationwide to carry out digital transformation.
The two-day summit aims to provide an overall view of digital transformation in Vietnam, share information and experience, while introducing technological models and solutions to help accelerate the process.
Participants are set to look into issues relevant to a digital government, a digital economy, and digital enterprises. There are also two panel discussions where representatives from 11 regional countries will share experience in this field. An exhibition on digital transformation solutions is also taking place at the event./.
The Vietnam Network for Child Online Protection (VN-COP) recently debuted its website, aiming to popularise child online protection skills and knowledge and receive child abuse reports.
Freedom of the press and opinions and the use of social networks in Vietnam are in line with the development of the world and the region as well as the development of the country in recent times.
Freedom of the press and opinions and the use of social networks in Vietnam are in line with the development of the world and the region as well as the development of the country in recent times.
The Asia Pacific Gateway (APG) undersea cable, which connects eight countries and territories in the region, is facing problems with its S1.7 section, about 910km from Southeast Asia.
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.
An overview of the summit (Photo: VNA) 
Visitors at the event (Photo: VNA) 
