Digital economy continues as growth driver

Digital economy continues as growth driver

The office also noted that in several provinces and centrally run cities where the digital economy accounts for more than 20 per cent of gross regional domestic product.

Shoppers at a sales promotion event in HCM City. VNA/VNS Photo

Việt Nam’s digital economy continued to underpin economic growth in 2025, with its value-added share estimated at 14.02 per cent of GDP, or about US$72.1 billion, highlighting the sector’s rising weight in the national economy. The figure is 1.64 times higher than in 2020, when the digital economy was valued at $43.8 billion, and 1.5 times higher than in 2021, when it reached $53 billion.

By industry, core digital economy sectors, covering seven level-2 industries, contributed 8.42 per cent, equivalent to $43.3 billion, accounting for more than 60 per cent of total digital economic value in 2025. These sectors include the manufacture of electronic products, computers and optical products; wholesale of computers, peripheral equipment and software; wholesale of electronic and telecommunications equipment and components; software publishing; telecommunications; computer programming, consultancy and related activities; data processing, hosting and related services and web portals; and the repair of computers and communication equipment.

Digitised industries, defined as sectors that use core digital economy products as production and business inputs, accounted for 5.6 per cent, equivalent to $28.8 billion.

Within this group, several sectors recorded relatively high digital value added. Wholesale and retail trade applying digital technology, notably e-commerce, accounted for about 11.8 per cent of total digital economic value added. Electricity, gas, steam and air conditioning supply contributed around 4 per cent, while financial service activities made up approximately 2.6 per cent.

Notably, service sectors applying information technology in production, business operations and management expanded rapidly, lifting the services sector’s digital economy contribution to GDP from 6.5 per cent in 2020 to 7.2 per cent in 2025.

This trend reflects sustained efforts by the Government, ministries, sectors and localities to promote information and communications technology, with digital transformation increasingly embedded across economic activities. The office also noted that in several provinces and centrally run cities where the digital economy accounts for more than 20 per cent of gross regional domestic product, it has become a key driver of differentiated growth.

Among the country’s 34 centrally administered provinces and cities, four recorded a digital economy value-added share exceeding 20 per cent of GRDP: Bắc Ninh at 46.30 per cent, Thái Nguyên at 29.53 per cent, Hải Phòng at 22.28 per cent and Phú Thọ at 22.71 per cent.

Four localities posted shares of between 10 and 20 per cent, while 26 provinces and cities fell within the 6–10 per cent range. Việt Nam’s two main growth hubs reported digital economy shares of 17.34 per cent in Hà Nội and 13.43 per cent in Hồ Chí Minh City. 

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