🚀 Vietnam’s Digital Tech Revolution: Nearly $200 Billion in 2025 Revenue and Counting
Vietnam’s digital technology industry has exploded onto the global stage, surging well past expectations and marking a major milestone in the country’s economic transformation. Latest figures show that in 2025, Vietnam’s digital tech sector is projected to reach approximately **💰US$198 billion** in total revenue — a robust 26 % growth year-on-year and 16 % above official targets set by government planners. (Tech in Asia)
This performance underscores the sector’s evolving role as a key engine of national growth, with strong contributions from hardware exports, e-commerce expansion, and an increasingly vibrant enterprise ecosystem. (vietnamnews.vn)
📈 A Sector on the Upswing: Growth Drivers and Trends
🔹 Record-Setting Revenue
2025’s estimated US$198 billion total revenue marks one of the most significant leaps in Vietnam’s digital tech history. Hardware and electronics exports alone are expected to make up around US$178 billion of that total — signaling that traditional manufacturing remains a backbone even as digital integration deepens. (Tech in Asia)
🔹 Enterprise Expansion
Vietnam’s digital tech landscape is not just growing in revenue but in scale. The number of active technology firms has climbed to around 80,000, a roughly 10 % increase from 2024, reflecting broad confidence among entrepreneurs and investors alike. (VnEconomy)
🔹 Booming E-commerce and Export Markets
E-commerce continues its breakout performance, with revenue estimated at US$36 billion, about three times the level of 2020. This solidifies Vietnam’s position as one of Southeast Asia’s fastest-growing digital commerce markets. (vietnamnews.vn)
🌍 Beyond the Numbers: Strategic Implications
Vietnam’s digital transformation is reshaping its economic footprint:
- Exports: Digital tech and hardware exports have become cornerstone foreign currency earners, underpinning national trade performance. (vietnamnews.vn)
- Workforce & Innovation: With tens of thousands of firms operating nationwide, job creation and innovation ecosystems are expanding rapidly. (VnEconomy)
- Policy & Infrastructure: Ongoing government efforts — including regulatory frameworks for digital assets, data standardization, and supply chain upgrades — aim to deepen domestic value creation and global competitiveness. (SGGP English Edition)
While local value capture and SME digital integration remain long-term challenges, Vietnam’s technological momentum positions it as a standout growth story in Asia’s digital economy. (vietnamnews.vn)
🧠 Glossary
Digital tech sector — The industry encompassing digital products, services, hardware, software, digital commerce, and information and communications technology (ICT). (Tech in Asia) E-commerce — Online commercial transactions, including marketplaces, retail sites, and digital payment systems. (vietnamnews.vn) Hardware exports — Physical technology goods (e.g., electronics components) sold to international markets; a major revenue driver. (Tech in Asia)
➡️ Read the original article: https://www.techinasia.com/news/vietnams-digital-tech-sector-hits-198b-revenue