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Tech enterprises create "new competitiveness" for the economy

Published: 06/08/20264 min readAuthor: mr
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Tech enterprises create "new competitiveness" for the economy

Domestic enterprises are not only mastering technology but are also gradually creating platforms, solutions, and products capable of solving major national and regional challenges... On May 27, the Vietnam Software and IT Services Association (VINASA) organized the Vietnam – Asia DX Summit 2026.

In her opening remarks, Ms. Nguyen Thi Thu Giang, Vice Chairwoman and Secretary General of VINASA, stated that the world is entering a period of profound transformation unprecedented in scope, driven by artificial intelligence, big data, automation, semiconductor technology, new energy, and next-generation digital platforms.

These changes are not only creating new industries but also restructuring entire growth models, competitiveness, and the position of every nation within the global value chain.

For Vietnam, the demand for fast and sustainable development poses unprecedented major challenges, especially regarding how the nation can realize its goal of double-digit growth in the new development phase.

"We all see that traditional growth drivers are gradually hitting a ceiling. In that context, digital technology is no longer just a trend-based option but has become the infrastructure for growth, productivity, and innovation," Ms. Giang said.

Over many years, Vietnam has achieved notable progress in this field. In 2025, Vietnam's digital economy reached approximately 39 billion USD in scale, growing by about 17%, placing it among the fastest in Southeast Asia. The digital economy now accounts for over 14% of GDP. The digital technology industry revenue in 2025 reached approximately 198 billion USD, with over 75,000 digital technology enterprises in operation.

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Discussion session on digital infrastructure and energy for AI at the Vietnam – Asia DX Summit 2026.

Vietnam is currently one of the countries with the highest levels of AI access and application in the region, with a daily AI user interaction rate among the leaders in Southeast Asia.

A VINASA representative remarked that Vietnam's digital technology enterprise ecosystem is maturing rapidly. Vietnamese enterprises are not only mastering technology but are also gradually creating platforms, solutions, and products capable of solving major national and regional challenges.

"The Vietnamese digital technology business community will play an especially important role, not just as a solution provider but as a force creating new competitiveness for the economy," Ms. Giang affirmed.

In the national development strategy to 2030, Vietnam aims to simultaneously promote three pillars: digital government, digital economy, and digital society. Regarding digital government, the goal is to build a smart public administration model, centering on data in management and operation while improving the quality of service provided by state agencies. By 2030, Vietnam aims to digitize 100% of end-to-end public services.

In 2025, Vietnam's digital economy reached approximately 39 billion USD in scale, growing by about 17%, placing it among the fastest in Southeast Asia. The digital economy currently accounts for over 14% of GDP. The digital technology industry revenue in 2025 reached approximately 198 billion USD, with over 75,000 digital technology enterprises in operation.

On the digital economy pillar, Vietnam expects that by 2030, the digital economy will contribute about 30% of GDP, whereas this figure is currently only at 17-19%. Meanwhile, the digital society aims to develop skills for digital citizens and form a culture of online behavior, creating a foundation for comprehensive digital transformation.

Assessing these goals, Mr. Ngo Thanh Hien, Chief Technology Officer of IBM Vietnam, opined: "These are both challenges and drivers that open up significant opportunities for digital businesses to accompany the national development goals".

Previously, information technology was primarily viewed as a tool to support operations. However, in the new context, digital infrastructure and the digital economy are increasingly recognized as new growth drivers for the economy.

"To achieve double-digit growth, old models relying on public investment or cheap labor are no longer suitable. Vietnam must create new economic and business models based on knowledge and digital infrastructure," Mr. Hien expressed.

The IBM representative noted that the role of digital enterprises will become increasingly important in the coming period. However, one of the major current challenges is that data remains fragmented, scattered, and not effectively utilized for management or decision-making activities.

Therefore, Vietnam needs to build an interoperable architecture between ministries and sectors, while simplifying processes to improve operational efficiency. Furthermore, it is necessary to promote large-scale digitization and integrate AI into restructuring the public service system.

"Previously, digital transformation mainly involved putting documents online. But that is no longer sufficient. We need to build smarter systems that understand people's needs better and operate more effectively thanks to AI," Mr. Hien said.

From vneconomy : https://vneconomy.vn/doanh-nghiep-cong-nghe-kien-tao-nang-luc-canh-tranh-moi-cho-nen-kinh-te.htm

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