Vietnam reaches over 3,400 new digital technology enterprises in H1/2022
Vietnam reaches over 3,400 new digital technology enterprises in H1/2022
Vietnam expects to have 70,000 digital technology firms in 2022.
Around 3,400 digital technology enterprises were established in Vietnam in the first half (H1) of this year, according to the Ministry of Information and Communications.
VinSmart factory in Hanoi's Hoa Lac Industrial Park. Photo: Vingroup |
The figure helps make the ministry's target of having 70,000 firms working in this sector in 2022 possible following a sharp rise over the years, from 64,000 in 2021, 58,000 in 2020, and 45,600 in 2019.
According to the ministry's report reviewing the performance of the sector in the first half of 2022 and setting out the tasks for the last six months of the year, the number of digital technology companies in Vietnam is estimated at 67,300 as of the end of June, an increase of3,422 companies compared to last December.
According to the national strategy for the development of the digital technology industry by 2025, with a vision of 2030, Vietnam would have 80,000 digital technology enterprises by 2025.
Revenues from the information technology industry in the first six months of 2022 were estimated at US$72.5 billion, up 17.8% on year, those of hardware and electronics exports were estimated at $57 billion (up 16.4% on year) Meanwhile, revenues of computer shipments amounted to $29.1 billion (up 21.8%), while electronic export earnings reached $27.9 billion (up 11.2%).
In particular, revenue from Make-in-Vietnam products accounted for nearly 27% of the total, hitting $19.4 billion.
Total revenues of the information and communications technology industry (ICT) were estimated at VND1.8 quadrillion ($77 billion), up 17% over the same period in 2021. Profit was estimated at VND137.3 trillion ($5.9 billion), up 13%.
This year, the ministry set a revenue target of around $140 billion for the ICT sector, a year-on-year increase of 14%.
