Vietnam sets US$300 billion digital technology revenue goal for 2030

VOV.VN - Deputy Prime Minister Ho Quoc Dung has signed Decision No. 840 dated May 13, 2026 approving the Digital Technology Industry Development Program for 2026-2030, with a vision to 2045, aimed at developing the digital technology industry into a foundational economic and technological sector that contributes to double-digit economic growth and national digital transformation.

The program places businesses at the center of development, with the private sector identified as the most important driver of the digital technology industry. The Government encourages enterprises, particularly large private corporations, to invest in and develop the sector under the “Make in Viet Nam” vision, with a focus on mastering core and strategic technologies, improving competitiveness and participating more deeply in global value chains.

The program targets at least US$300 billion in digital technology industry revenue by 2030, with average annual growth of 12% or more. Export revenue from digital technology products and services is expected to reach at least US$55 billion per year.

Vietnam also aims to develop 100,000 digital technology enterprises and build a workforce of more than three million people for the sector.

The nation also seeks to master core and strategic technologies while developing 16-20 dedicated digital technology zones, including at least one large-scale zone, as well as at least one shared high-performance computing center to support research and the development of key digital technology products and services.

By 2045, the country is expected to become a leading digital technology industry hub in the region and gradually emerge among the world’s leading countries in the field.

The program also sets out key measures including institutional reform, infrastructure development, stronger support for research and innovation, efforts to bring Vietnamese digital technology products and services to international markets, and the development of the semiconductor industry.

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