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Vietnam sets sights on 100,000 digital tech firms by 2030
Bạch Dương | 06/02/2026
Growing the number of firms will scale up the digital ecosystem, while increasing revenue will facilitate market expansion and deeper integration into global value chains.
Through initiatives ranging from R&D support and regulatory sandboxes to initial market creation, Vietnam’s digital technology development program aims to build a comprehensive ecosystem where domestic enterprises can grow and master core technologies.
Under the Prime Minister's recently-issued Decision No. 840/QD-TTg, which approves the "Digital Technology Industry Development Program through 2030, with a Vision to 2045," the government has set a target for the digital technology sector to reach a minimum revenue of $300 billion by 2030. Export turnover for digital products and services is projected to hit at least $55 billion annually, supported by a workforce of 100,000 digital technology enterprises.
Speaking at a press conference of the Ministry of Science and Technology on June 1, Mr. Tran Anh Tu, Deputy Director of the Information Technology Industry Department (under the ministry), emphasized that the program is built on the "Make in Vietnam" spirit. This philosophy extends beyond mere local assembly to prioritize domestic creation, design, and technological mastery.
The ultimate objective is to enable Vietnamese companies to gradually take control of technology and develop branded products and services capable of competing in both regional and international markets.
According to Mr. Tu, the program’s three pillars—expanding the number of enterprises, increasing industry revenue, and fostering technology-mastering firms—are deeply interconnected.
Growing the number of firms will scale up the digital ecosystem, while increasing revenue will facilitate market expansion and deeper integration into global value chains. Meanwhile, mastering technology will enhance R&D capabilities for key products, allowing firms to utilize shared infrastructure effectively and meet the rigorous standards of major international markets.
To realize these ambitious goals, the program outlines several core missions.
First, the program establishes support mechanisms for key digital products and services. It encourages research and "regulatory sandboxes"—controlled testing environments for new products and business models—allowing enterprises the space to innovate and perfect technologies within a safe legal framework.
Second, creating initial markets and solving practical problems. Mr. Tu noted that for businesses to invest long-term in core technology, they require a sufficiently large market to validate their products. This involves identifying real-world challenges that digital solutions can address.
The third group of solutions focuses on strengthening the internal capabilities of digital firms to ensure sustainable growth.
Additionally, the program emphasizes the development of shared infrastructure to serve research and testing, including concentrated digital technology zones, laboratories, and centers for quality assessment of digital products and services.
Source: Vneconomy
