Vietnam Targets 30% Digital Economy by 2030

Vietnam is betting big on technology to build a brighter economic future for its 100 million citizens.

The government recently approved a sweeping National Digital Economy and Digital Society Development Programme that sets a bold target: digital technologies contributing 30% of the country's GDP by 2030. Deputy Prime Minister Ho Quoc Dung signed the initiative, which places artificial intelligence, data infrastructure, and digital skills at the heart of Vietnam's next chapter of growth.

The transformation starts with connectivity. By 2030, every Vietnamese household will have access to fiber-optic internet reaching speeds up to 1 gigabit per second, while 5G networks will cover 99% of the population with minimum speeds of 100 megabits per second.

Vietnam plans to build modern data centers, cloud computing facilities, and AI infrastructure services across the country. Authorities will even explore satellite internet systems to reach remote and underserved communities, ensuring no one gets left behind in the digital revolution.

Small businesses stand to gain tremendously from this shift. The government aims to help at least 500,000 small and medium-sized enterprises adopt digital technologies and AI applications over the next five years, giving them tools to compete and thrive in a modern economy.

The program emphasizes putting people first. By decade's end, all Vietnamese citizens aged 14 and above will possess digital identity accounts, while 95% of people aged 15 and older will have access to bank or financial transaction accounts. More than 70% of adults are expected to use personal digital signatures for everyday transactions.

The Ripple Effect

This digital transformation reaches far beyond economic statistics. Vietnam plans to train 10 million workers in digital skills, with science and technology fields accounting for 40% of university enrollment by 2030.

The country is building expertise in AI, data science, and cybersecurity through partnerships between government, businesses, and schools. These investments in human potential will create opportunities for millions of Vietnamese families to access better-paying jobs and improved quality of life.

Vietnam also recognizes that technology comes with responsibilities. The program includes strong cybersecurity measures and frameworks to ensure AI, blockchain, and cloud computing remain safe and trustworthy for citizens and businesses alike.

As Vietnam builds this digital future, it's keeping sustainability in focus, aligning technological growth with broader green development goals.

A nation of 100 million people is proving that emerging economies can leapfrog traditional development paths and build prosperity through innovation, inclusion, and smart investment in their greatest resource: their people.