By the end of 2024, Vietnam had nearly 74,000 active digital technology enterprises, up 10.1% year-on-year. Total revenue of the information and communications sector was estimated at 166.7 billion USD, an increase of 13.2% compared to 2023.
Delegates cut the ribbon to open the Week of Trade Networking and Product Exhibition for Supporting Industries, Electronics and ICT 2025. (Photo: VNA)
HCM City (VNA) –🍷 The Week of Trade Networking and Product Exhibition for Supporting Industries, Electronics and ICT 2025 opened in Ho Chi Minh City on August 13, welcoming visitors to explore a wide range of innovative products.
According to Ho Thi Quyen, Deputy Director of the Investment and Trade Promotion Centre of HCM City (ITPC), the event aims to assist enterprises in showcasing outstanding specialised products, while facilitating trade connections with major domestic corporations, foreign-invested enterprises, local investors, and international buyers.
Nguyen Anh Duc, Vice President of the HCM City Computer Association (HCA), said the event has brought together 30 enterprises presenting technology solutions across multiple fields, from digital transformation, artificial intelligence (AI), and big data to cybersecurity, e-commerce, smart management platforms, as well as blockchain and Internet of Things (IoT) applications. All showcased products are selected for their technological excellence, high applicability in production and business, and compliance with international standards for digital transformation.
The exhibition booths are designed for direct interaction, allowing visitors to experience technologies on-site, from smart manufacturing process simulations to hands-on operations with management software and e-commerce solutions. More than a product showcase, the event serves as a networking hub where businesses can seek suitable solutions, engage directly with experts, and explore opportunities for cooperation.
Visitors explore technology solutions at the event. (Photo: VNA)
Throughout the week from August 13–19, the organisers will also hold a thematic seminar on emerging technology trends and four in-depth workshops, offering hands-on guidance tailored to specific groups, including agricultural exporters, industrial exporters, small and medium-sized enterprises (SMEs), household businesses, and market traders. These activities provide enterprises with opportunities to promote products, gain practical knowledge and skills for technology deployment, and build a solid foundation for sustainable digital transformation.
According to the Ministry of Science and Technology, by the end of 2024, Vietnam had nearly 74,000 active digital technology enterprises, up 10.1% year-on-year. Total revenue of the information and communications sector was estimated at 166.7 billion USD, an increase of 13.2% compared to 2023. Of this, the digital technology industry accounted for 151.86 billion USD, more than 91% of total sector revenue and equivalent to 11% of GDP.
The rapid advancement of foundational technologies such as AI, big data, cloud computing, and IoT is reshaping production methods, distribution channels, consumer behaviour, and management systems. These technologies are also key drivers of innovation, labour restructuring, and the creation of a high-quality workforce equipped with new knowledge and skills to meet the requirements of the new era./.
Vietnam was represented by nine students from five universities, grouped into three teams. All teams delivered strong performances, with one team claiming first prize in the Cloud Computing category, another securing second place in the Computing Track, and the third team winning third prize in the Network Track.
Currently, around 1,700 FDI enterprises are operating in Vietnam’s supporting industries, accounting for 40% of the firms in this field, demonstrating foreign investors' increasing interest and Vietnam's standing in regional and global supply chains.
Under the Government’s new decree on the development of the supporting industries, various favourable policies and incentives regarding technology, human resources, land and administrative procedures were outlined, expected to lure stronger investments in the sector, especially in the context that enterprises are restructuring the global supply chain and shift to domestic production.
This collaboration allows VinFast customers to access a network of over 1 million public charging points across 24 countries through the VinFast app, offering a seamless and convenient charging experience throughout Europe.
Participants agreed that Resolution 68-NQ/TW offers opportunities for the private economic sector. Yet challenges remain in institutional frameworks, capital access, technology, and competitiveness.
This marks the third consecutive month the company has sold more than 11,000 units, reinforcing its position as Vietnam’s top-selling automaker for 10 months in a row.
CT Group stands as one of Vietnam's largest technology and innovation conglomerates, persistently pursuing a self-reliance strategy to master advanced technologies across nine high-tech sectors.
Party General Secretary To Lam emphasised that as Vietnam deepens international integration, the RoK’s success – with Busan Port as a vivid example – offers valuable lessons.
Speaking at a conference in Ho Chi Minh City on August 12 to seek ways to promote the products’ exports in 2025, Deputy Minister of Agriculture and Environment Tran Thanh Nam noted that despite global political instability and a slowdown in economic growth, Vietnam’s agro-forestry-fishery export has shown notable resilience.
The Ministry of Industry and Trade has proposed six types of commodity exchanges to be operated at the international financial centre (IFC), which would cover both traditional goods markets and emerging financial and commercial products.
Leaders of Khanh Hoa province met with executives of HD Hyundai and SK Innovation to explore opportunities to partnerships in shipbuilding and energy industries.
The Prime Minister urged the promotion of industrial production in tandem with market restructuring, product diversification, and the development of supply and production chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,509 VND/USD and the floor rate 23,985 VND/USD.
All service vessels and out-of-province fishing boats docking at fishing ports in Lam Dong province will undergo 100% inspection to ensure compliance with paperwork, port entry/exit procedures, and fishing log requirements. Their positions and voyages will be tracked around the clock from departure to return via the VMS.
The roadmap to restrict the use of petrol-powered vehicles and encourage green ones in such major cities as Hanoi and Ho Chi Minh City is creating a strong boost to the EV market.
The Ministry of Industry and Trade is drafting a scheme on diversifying imported raw material sources for domestic production, with feedback from industry associations and businesses being incorporated into concrete proposals and support policies.
Notably, the hybrid segment recorded the strongest growth, with 7,112 units sold, a 72% year-on-year increase. The figures reflect a shift in consumer preference towards more environmentally friendly vehicles.
The project rolled out 21 pilot models, from goat and pig farming to coffee cultivation and the adoption of agricultural technology, helping farmers beef up production, spruce up livestock facilities, and improve market linkages.
Vietnam is ready to serve as an important gateway for Korean enterprises to enter the Southeast Asian market. Korean firms with experience and advanced technology to engage in energy transition and national infrastructure modernisation, said Party leader To Lam.
Two-way trade between Vietnam and Cambodia topped 7 billion USD in the first seven months of the year, up 16.3% against the same time last year. Vietnam’s exports to Cambodia hit 3.2 billion USD, rising 5.1%, while imports rose 28.1% to 3.8 billion USD.