Uncover groundbreaking initiatives shaping Vietnam's digital economy

As a trusted partner in your business journey, we're excited to share a valuable resource that can help you navigate the dynamic digital landscape of Vietnam: "Breaking the Digital Frontier - Innovations Shaping Vietnam’s Transformation (2024-2025)”.

This comprehensive industry report, developed by Acclime Vietnam with the support of UOB, provides a deep dive into the country's digital economy, offering invaluable insights for investors and businesses alike.

Within nearly four decades, Vietnam has experienced rapid digitalisation across industries, notably finance services, retail, education, media & entertainment and much more. According to the Vietnam Chamber of Commerce and Industry (VCCI), Vietnam’s digital economy is forecasted to account for 30% of GDP by 2030.

The digital growth in Vietnam is forecast to accelerate dramatically as the National strategy for the digital economy and society development by 2025, adopted in 2022, and Decree 13/2023/ND-CP on Personal Data Protection, comes into effect since 1 July 2023.

According to UOB Business Outlook Study 2024, nearly 90% of businesses in Vietnam have adopted digitalization in at least one part of their operations. Of these, approximately 41% have fully digitized their business operations, the highest proportion in the region. Moreover, over 80% of Vietnamese businesses plan to increase their spending on digitalization in 2024. The survey also revealed that businesses will be increasing their digital transformation budgets by 10% to 25% in 2024.

It is essential to understand the untapped opportunities and challenges that investors may face when investing and doing digital business in Vietnam. This industry report delineates perspectives from leading industry leaders, including Venture Capital, Edtech, Fintech, AgTech, Banking, Corporate Services, ICT, Sustainability, and more, offering a practical guide into the Vietnamese digital economy and the fundamentals driving change in specific sectors.

Key highlights of the report:

• Digital Transformation landscape in Asia & SEA
• Eagle-eye view on the digital economy
• Digital Transformation in Vietnam Snapshot
• Exclusive market insights and analysis on digital sectors in Vietnam
• Regulatory compliance and the path toward sustainable growth

Vietnam is still expected to be the fastest-growing digital economy in ASEAN until 2025. With this report, we hope to provide you with valuable insights to support your business expansion.

Download UOB Business Outlook Study 2024

Download Acclime Vietnam's industry report, “Breaking the Digital Frontier - Innovations Shaping Vietnam’s Transformation (2024-2025)”

About Acclime

Acclime Vietnam is a leading provider of market entry, professional accounting, tax, payroll, compliance, and advisory services in Vietnam, with a focus on providing exceptional services to international and domestic clients.

With offices in Ho Chi Minh City, Hanoi and Danang, Acclime assists foreign-invested and locally owned companies to maintain the highest level of professional standards in Vietnam through proactive advice, compliance, and reporting assistance.