The prime minister on 4/6 approved a scheme to support and develop digital technology enterprises for global expansion by 2030, with a vision to 2045.
By 2030, the scheme targets 5,000 Vietnamese digital technology enterprises generating revenue from international markets. Annual export revenue for Vietnamese digital technology products and services is projected to reach $55 billion, with an average growth rate of 30% each year. Specific targets include 60 digital technology enterprises achieving $20 million in foreign market revenue, and five enterprises reaching one billion USD in revenue.
Furthermore, the scheme aims to successfully complete 25 mergers and acquisitions (M&A), joint ventures, or strategic cooperation deals between Vietnamese digital technology enterprises and international partners, with each transaction valued at one million USD or more.
By 2045, Vietnam envisions becoming a leading digital technology industry hub in the region and globally. The plan includes developing 10 enterprises comparable to those in advanced countries within this sector, and establishing the Make in Vietnam brand as a reputable digital technology brand recognized internationally.
Vietnamese digital technology enterprises are expected to not only master technology and markets but also guide global digital technology development trends, contributing to establishing worldwide digital norms, standards, and ecosystems.
 |
Semiconductor chips and electronic components from Vietnamese enterprises and universities, displayed at the SEMIEXPO Vietnam 2025 semiconductor exhibition, 11/2025. Photo: Luu Quy. |
To achieve these goals, the government will prioritize investment in research and development programs and projects for "Make in Vietnam" digital technology products and services with export potential. These initiatives will focus on strategic and core technologies, aiming to acquire and progressively master new technologies.
Vietnam will encourage domestic and foreign investment funds, along with the Strategic Industry Development Investment Fund, to prioritize investment in research and development of digital technology products and services for international markets.
The "three-house" cooperation model, involving the state, academic institutions, and businesses, will be promoted for research, development, and technology transfer in the digital technology sector. This collaboration will provide a foundation for Vietnamese enterprises to compete in international markets.
The government will support the research, testing, localization, and standardization of digital technology products and services. This support aims to ensure compliance with the technical, legal, linguistic, and cultural requirements of specific international markets. Additionally, the government will facilitate certification, independent testing, and assist reputable domestic enterprises in expanding their operations globally.
A brand identity kit and a multilingual communication handbook for Vietnam's digital technology industry will be developed. These resources will help position and promote the image of Vietnamese industry and enterprises in international markets.
The government will select five key digital technology enterprises to lead small and medium-sized enterprises (SMEs) in deeper participation within regional and global supply chains.
Mechanisms for tax incentives and capital support for key enterprises will be explored. These measures aim to encourage cooperation, subcontracting, and technology transfer to small and medium-sized enterprises (SMEs) within the supply chain.
A policy for financial support vouchers from various funds will be developed. This initiative aims to help startups and small and medium-sized enterprises (SMEs) access and utilize digital technology products and services offered by key enterprises.
Vu Tuan
