Vietnam ICT Industry Outlook:
Current status and orientations
ICT Industry Agency
Ministry of Information and Communications
Ha Noi - 2022
1
CONTENT
 Overview of Vietnam ICT Industry
 Strategy
for development of Vietnam's
digital technology industry to 2025, vision
to 2030
ICT Industry
Hardwareelectronics
Digital
Content
ICT
Industry
IT services
3
Software
ICT Industry 2009-2020
Million USD
Revenue of ICT Industry
140,000
124,678
120,000
112,566
102,973
100,000
91,592
80,000
67,693
60,716
60,000
39,530
40,000
43,500
25,458
20,000
6,167
-
13,663
7,629
12.426%
23.707% 79.093% 86.328% 55.275% 10.043% 39.577% 11.491% 35.305%
9.316%
Revenue
10,7%
Growth
(Source: MIC)
4
Vietnam ICT Industry in 2021
Total ICT revenue
$124.7B
H/W revenue
S/W Revenue
Digital Content Revenue
IT Service revenue
$110B
$5.4B
$888M
$7.3B
H/W Import
$80.6B
H/W Export
$95.8B
Digital technology companies
63,878
VIET NAM ICT INDUSTRY RANKINGS
in 2020
Vietnam in Top 10 Computer and Electronic Exports by Country
Global Top Exporters of ICT
#7 of video game (2020)
#6 of software outsourcing (2021)
Top 2 Mobile phones Exports: $35.3B - 14.2%) (+14,1%)
Top 8 Computer Accessories: $3.1B - 2.4% (+186,3%)
Top 12 Computer Device: $5.5 – 1.5%
Top 10 Electronic Circuit Component: $14B – 1.8% (+21%)
Top 8 Printing Machinery: $3,4B – 4.4%
Top 8 Toys: $2B - 2.7%
https://www.worldstopexports.com/cellphone-exports-by-country/
HARDWARE AND ELECTRONICS INDUSTRY
Leading hardware enterprises
Hardware, electronics export by item
Hardware, electronics revenue
7
(Source: General Directorate of Vietnam Customs)
SOFTWARE AND IT SERVICES
2020’s revenue $12.4B
Software revenue
> 32,000 soft. & IT service enterprises
Major export markets: Japan, North America, Europe.
Leading enterprises in KPO, BPO, ITO
8
Pegatron
Hoalac
HTP
Hue IT
Park
Caugiay
IT Park
8 Provinces
with ICT
revenue over
$1B
Hà Nội, TP HCM,
Đà Nẵng, Bắc
Ninh, Bắc
Giang, Thái
Nguyên, Vĩnh
Phú c and Hải
Phò ng
Danang
IT Park
Danang
SWP
CanTho
IT park
DaNang
HTP
QTSP
ICT in
Provinces
ICT WORKFORCE
- 158 universities and 442 vocational schools providing training courses/
programs on ICT with 70,000 ICT graduates annually.
- 20 leading universities provide ICT training courses in English.
- More than 1 million professionals in ICT enterprises where hardware
labourers take up 75% of the total with 800,000 people and over 200,000
professionals work in the sectors of software, digital content and IT services.
- Anually average income: 4,000- 9000 USD
10
CONTENT
 Overview of Vietnam ICT Industry

Strategy for development of Vietnam's
digital technology industryto 2025, vision
to 2030
VIETNAM ICT DEVELOPMENT STRATEGY
By 2025
By 2030
• Growth rate as twice bigger than
national GDP growth rate
• Growth rate as twice bigger than
national GDP growth rate
• 80,000 ICT enterprises
• 100,000 ICT enterprises
• 6-6,5% GDP contribution
• 7-8% GDP contribution
• Top 5 countries in terms of revenue from
software services, production and
distribution of mobile games.
• 07 provinces with revenue $1B+
• 07 provinces with revenue $1B+
• 15 IT enterprises with revenue $1B+
• 1,5M persons working in ICT Industry
• 10 IT enterprises with revenue $1B+
• 1,8M persons working in ICT Industry
VIETNAM ICT DEVELOPMENT STRATEGY
Digital
product
ecosystem
development
Investment
Mastering
digital
technology,
R&D
Infrastructure
development
HR
Market
development
Mastering digital technology, R&D
 Completing the legal framework, giving priority to the
regulatory sandboxes.
 Building national standards and technical regulations for
prioritized digital technologies such as 5G and the next
generation, big data, artificial intelligence, blockchain
technology, IoT.
 Developing and implementing the national key science and
technology program on the digital technology industry.
 Researching, building institutions for ordering, assigning
tasks to research core technologies.
 Invest in building national laboratories (LABs), highperformance computing centers for R&D, testing and quality
assessment of digital technology products and services.
Digital product ecosystem development
 Building, operating and maintaining a database on the
quality of digital technology products and services.
 Implementing policies to encourage, promote and create
conditions for development of enterprises in supporting
industries.
 Developing and implementing the program to develop the
brand name of Vietnam's digital technology industry at
home and abroad.
 Promote the training, dissemination and use of technical
measures to protect copyright in the digital environment.
 Promote the application of international and national
standards and standards on production processes, quality
management, and information security assurance.
Infrastructure development
 Support for large-scale R&D and commercialization of 5G
and next-generation network equipment, terminals.
 Developing gigabit fiber optic broadband infrastructure to
connect localities and regions throughout the country.
 Implement the program of one smartphone per person, one
fiber optic cable for each household.
 Developing a management system in order to promote the
development of the national digital technology industry
Market development
 Support and orientation for ICT corporations to lead the
national digital transformation; development of open
platforms; building platforms to lead startups, lead the
business ecosystem.
 Develop and implement mechanisms and policies to
encourage enterprises to master design, system integration,
mastering core technology and open technology.
 Completing mechanisms and policies for digital technology
products and services serving socio-economic fields,
products provided in the form of “as services”.
 Support for the modernization of smart manufacturing
enterprises.
HR development
 Researching and promulgating a skill framework for digital
human resources;
 Promote educational institutions to strengthen of providing
MOOC (Massive Open Online Course).
 Encourage digital technology enterprises to increase
investment in research and development, establish
innovation centers in the digital technology industry.
 Coordinate with relevant agencies to research and form a
network of key higher education institutions and colleges
that provide high-quality digital technology training, reaching
international standards, meeting the demand in terms of
quantity and quality.
Investment
 Research and finalize policies on taxes, fees and funds.
 Promulgate policies to attract foreign investment with
orientations associated with improving the capacity and
skills of participating in the production chain of Vietnamese
digital technology enterprises.
 Priority will be given to the State's investment credit loans to
support investment in infrastructure of the centralized
information technology zone, development of digital
technology enterprises, and domestically designed and
manufactured digital technology products and services.
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