Vietnam Digital Transformation and the Way Forward

Nguyen Hoa Cuong and Dinh Khanh Le ()
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Nguyen Hoa Cuong: The Central Institute for Economic Management
Dinh Khanh Le: The Central Institute for Economic Management

A chapter in Knowledge Transformation and Innovation in Global Society, 2024, pp 141-164 from Springer

Abstract: Abstract Vietnam is one of the countries that acknowledged the importance of the Industrial Revolution 4.0 and the digital transformation process by having issued strategies and programs to support businesses and citizens, having invested in digital infrastructure, and has achieved success in some aspects. In Vietnam, the digital transformation process is taking active steps at a rapid pace under three pillars: digital government, digital economy and digital society. The Vietnamese government has set a target that by 2025, the digital economy will account for about 20% of GDP and over 30% of GDP by 2030. In 2045, Vietnam aims to become one of the leading Asia’s center for smart manufacturing and service, start-ups and innovation. This article focuses on digital transformation of government, enterprises and the involvement of citizens. The countries’ benchmark and time series of data provide a snapshot of what Vietnam has achieved and imply what needs to be done in the coming time to digitalize the economy.

Keywords: Digital transformation; Digital economy; Digital society; Vietnam innovation (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-7301-9_7

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DOI: 10.1007/978-981-99-7301-9_7

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