Companies
Sci-tech and innovation can spearhead development
Published
4 weeks agoon
Five years ago, the application of IT was popular, while digital transformation was very new. The government’s National Digital Transformation Programme issued in 2020 was a pioneering decision. The past five years have been a journey of both working and exploring.
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Nguyen Manh Hung, minister of Information and Communications |
It is this spirit of daring to explore new things that has put Vietnam in the group of countries with the fastest growth rate in digital economy, e-commerce, e-government, online public services, and digital transformation.
Vietnam aims to become an upper middle-income country by 2030, when the country’s per capita income ranking will be in the top 100 globally. Digital infrastructure, technology, and industry must be accelerated, and international rankings in 2030 must be in the top 50 globally, twice as high as the economic ranking. This is the goal set out in Resolution No.57-NQ/TW on science, technology, innovation, and digital transformation.
Regarding postal services, Vietnam is ranked 31st internationally, and we aim to enter the top 20. For telecommunications, we are ranked 72nd and the progress has been quick. In 2018, Vietnam was ranked 108th. By 2030, Vietnam’s telecommunications will be in the top 50 globally, and if we are more proactive, the top 40.
In terms of data infrastructure, Vietnam has reached 2MW per one million people, although there is no foreign investment in data centres. The country is currently in the top 60 globally. If it can pull in big tech giants to invest in data centres and Vietnamese enterprises continue to invest heavily in data centres, by 2030, Vietnam can be in the top 30 globally.
For cybersecurity, Vietnam is ranked high, at 17th globally, but our goal is to be in the top 10.
Vietnam is ranked high for digital technology exports worldwide: second in smartphones; fifth in computer components; sixth in computer equipment; eighth in electronic equipment and components; and seventh in software outsourcing.
We will continue to maintain our high ranking, strive to enter the global top 15, and increase the ratio of Vietnam’s value from 32 to 50 per cent by 2030.
In 2024, Vietnam ranked 71st in e-government, up 15 places after two years. We are also experiencing rapid changes in rankings. If we achieve the goal of 80 per cent of public services for individuals and businesses being fully online in 2025, Vietnam will not need to wait until 2030, but 2028, to enter the global top 50.
We often compare ourselves with ourselves, but we need to compare ourselves with other countries around us, even developed ones, to change the national ranking. We have the strength to rise, and our per capita income has reached the average level.
The Ministry of Information and Communications (MIC) and the Ministry of Science and Technology (MoST) is in the process of a merger. The two merged ministries must find common synergies to become stronger. The MoST manages technology development in general, while the MIC manages IT and digital technology as core technologies, and the foundation for all other sectors and industries.
Over 50,000 digital technology enterprises under the management of the MIC will now have faster access to research results of the MoST, making science and technology closer to enterprises, faster turning research results into useful products.
The two ministries will become one new, essential, and large ministry. Party General Secretary To Lam signed and issued Resolution 57 in December, which contains many revolutionary viewpoints, tasks, and solutions, similar to one for agriculture 40 years ago. We will move towards sufficient export of science, technology, innovation, and digital transformation, just like we did with agriculture. Four decades ago it was to escape poverty, and now it is to escape the middle-income trap.
The common spirit of both resolutions is to manage objectives, giving autonomy and responsibility to people to benefit from the fruits of their labour and creativity. The newly merged ministry will be the core force to realise this particularly important resolution.
Resolution 57 identifies sci-tech, innovation, and digital transformation as the main pillars for national development in the new era. In which, sci-tech is the foundation, creating knowledge and tools. Innovation is the driving force to ensure new knowledge and new tools into ideas and solutions. Digital transformation is the realisation of knowledge, tools, ideas, and solutions into products and service to create real value.
It also emphasises mastering sci-tech in the digital transition process in Vietnam. Assigning core enterprises to undertake major projects and to master strategic technologies is key. This is a two-pronged approach: mastering the process and forming large technology enterprises nationwide
From now on, digital transformation has become the cause of the Party and the people. It will enter a development phase, and we expect the transformation to make a particularly important contribution to Vietnam’s rise to become a developed socialist country with high income by 2045, when Vietnam will celebrate 100 years of existence.
Pavel Poskakukhin and Bruno Sivanandan Co-chairs, Digital Sector Committee European Chamber of Commerce in Vietnam Vietnam’s digital landscape is poised for significant growth in 2025 and beyond, underpinned by a young, tech-savvy population and government initiatives supporting the transformation.
This will take place across industries. E-commerce sector continues to expand rapidly, driven by increasing urbanisation, smartphone adoption, and the rise of cashless payments. Businesses are investing in advanced logistics, AI-powered personalisation, and seamless integration between online and offline channels to enhance customer experiences. The fintech industry is also flourishing, with innovations in mobile payments, digital banking, and peer-to-peer lending attracting substantial investment. Regulatory support for open banking frameworks and digital currencies is expected to drive further development in this space. Enterprise digitalisation is accelerating as businesses seek to enhance efficiency and competitiveness. Investments in cloud computing, extended producer responsibility systems, and cybersecurity are becoming critical. In parallel, AI and automation are gaining traction in sectors such as health, manufacturing, and retail. Edtech is another key area of growth, driven by the need to upskill Vietnam’s workforce. Emerging platforms are adopting AI and hybrid learning models to offer effective solutions for lifelong learning and vocational training. These developments underscore the vibrant and rapidly evolving nature of Vietnam’s digital ecosystem. Businesses and investors who strategically align with these trends will be well-positioned to capitalise on the immense opportunities in this dynamic market. In 2024, we have successfully engaged various public and private stakeholders to promote best business practices with respect to data protection regulation, cybersecurity laws, and various digital transformation initiatives. We also saw progress in digital transformation. This has been underpinned by a series of new laws, decrees, and circulars that establish a robust framework for businesses in Vietnam’s digital landscape, particularly those managing various forms of data. These regulations aim to level the playing field for local and foreign companies, fostering fair competition and benefiting Vietnamese consumers. This year also marks the first year of implementing Resolution No.57-NQ/TW on groundbreaking advancements in science, technology, innovation, and national digital transformation. Within this context, the Digital Sector Committee (DSC) identifies several critical areas for further development and collaboration. Firstly, Prime Minister Pham Minh Chinh last year launched Vietnam’s semiconductor industry development strategy. This strategy represents a significant milestone in Vietnam’s ambition to become a global hub for semiconductors, a cornerstone of the modern economy. In 2025, the strategy enters its first phase, focusing on selective foreign direct investment attraction and establishing Vietnam as a global hub for semiconductor talent. Secondly, the draft Digital Technology Industry Law recognises semiconductors as a strategic technology, setting the goal of gradually mastering it by 2030. It also prioritises managing and developing emerging fields, such as digital assets and AI. Additionally, the draft Personal Data Protection Law is essential to safeguarding personal data rights, preventing infringements, and enhancing accountability across entities handling such data. These upcoming frameworks are critical for strengthening Vietnam’s digital ecosystem and solidifying its position as a regional leader in digital transformation. Building on the momentum of these upcoming initiatives, we do believe that a clear and stable regulatory environment, effective implementation of policies, and alignment with international standards are essential to ensure Vietnam’s digital ecosystem continues to thrive. The DSC also advocates for aligning Vietnamese laws with EU standards, which would reduce compliance burdens, facilitate legal navigation, and encourage further investment from European businesses. By harmonising regulations, Vietnam can create a more competitive and innovative digital sector, bolstering investor confidence and driving long-term capital, expertise, and innovation into its economy. |
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Companies
Hanoi to renovate Hoan Kiem Lake area for park development
Published
12 hours agoon
March 12, 2025The renovation project will involve extensive surveys to assess key architectural landmarks, historical sites, and cultural icons that warrant preservation.
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The commercial centre building, commonly known as the ‘Shark Jaw’ (Ham Ca Map) building, at Dong Kinh Nghia Thuc Square by Hoan Kiem Lake. (Photo: VNA) |
Hanoi – Vice Chairman of the Hanoi People’s Committee Duong Duc Tuan has requested a renovation plan for the eastern side of Hoan Kiem Lake, envisioning it as a special square and park zone.
The renovation project will involve extensive surveys to assess key architectural landmarks, historical sites, and cultural icons that warrant preservation. The aim is to propose new functions for the facilities to ensure they blend harmoniously with the area’s scenic landscape and historical significance.
On March 11, Tuan instructed the Department of Finance to swiftly establish a working group responsible for planning and revamping the Hoan Kiem Lake area, including the iconic Dong Kinh Nghia Thuc Square. It must draft a document on the investment policy for the special square and park zone and submit to the permanent members and the Standing Board of the municipal Party Committee by March 13, 2025.
To support the plan, the Department of Agriculture and Environment has been assigned to provide a detailed 1:500 scale topographic map of the area for the Hoan Kiem district People’s Committee and the Hanoi Urban Planning Institute. Additionally, the department will compile cadastral data to facilitate site clearance, compensation, and support mechanisms. Adjustments to land use plans should also be proposed to ensure seamless project implementation.
The project will also include a three-level underground space beneath the eastern side of Hoan Kiem Lake. This underground development will connect to the C9 station of the Nam Thang Long – Tran Hung Dao metro line. Measures will be taken to safeguard nearby heritage structures during the construction process, while functions for underground spaces will be proposed to optimise land use and meet public demand.
Tuan urged all departments to accelerate their proposals to execute the project. The development will unfold in two phases: the initial phase will involve the construction of the above-ground park and square using public investment, while the second phase will introduce underground facilities integrated with the C9 metro station following the Transit-Oriented Development (TOD) model.
To address the needs of displaced residents, the Department of Agriculture and Environment has been tasked with proposing maximum compensation policies. Eligible households will be offered resettlement land in the outlying district of Dong Anh. Meanwhile, resettlement housing will be sold to those not qualifying for land compensation.
In anticipation of resettlement demand, the city is fast-tracking a review of approximately 100ha of land in Dong Anh district to ensure sufficient space for resettlement efforts linked to this and other major development projects in Hanoi.
Companies
Zebra Technologies announces new strategy for 2025 in Vietnam
Published
15 hours agoon
March 12, 2025Zebra Technologies Corporation, a global leader in digitising and automating frontline workers, is looking to expand in Vietnam by anchoring on an extensive network of partners, continued investment, and a comprehensive portfolio of solutions.
The company announced its 2025 strategy for Vietnam with the three pillars at its Regional Partner Summit 2025 held in Danang on March 5, underscoring its commitment to empowering partners and customers in Southeast Asia.
Talking to VIR at the event, Christanto Suryadarma, sales vice president for Southeast Asia, South Korea, and Channel APJeC at Zebra Technologies, said, “We are seeing significant interest and opportunities for Vietnam to leapfrog in technology adoption. We are continuing to invest in enabling our customers in Vietnam to access the right solutions. That is our primary investment.”
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Christanto Suryadarma, sales vice president for Southeast Asia, South Korea, and Channel APJeC. Photo: PV |
“We are continuously investing in training local Vietnamese partners on how to help customers digitise and automate. This is an ongoing investment. We conduct training sessions, provide demo units, and run proof-of-concept projects,” he added.
With a comprehensive portfolio of solutions, including everything from simple scanning devices to mobile computers, tablets, RFID, and machine vision, Zebra offers tailored solutions to meet the diverse needs of businesses in Vietnam to excel in a digital era.
Suryadarma noted, “Overall, our investments focus on strengthening our presence, expanding our capabilities, and enabling knowledge transfer. We equip our team and partners with the expertise they need so that when they engage with customers, they can offer well-prepared solutions.”
Zebra now has strong partners across Vietnam, as well as Vietnamese companies operating internationally. The company also has a repair and maintenance depot in Vietnam, where it has invested in training local workers.
Zebra opened its first service centre in Ho Chi Minh City in 2021. In 2022, Zebra expanded the centre to meet rising demand for printers, adding support for desktop, mobile, label, and industrial printers. Collaborating with distributors like SMC and Elite Technology, Zebra has developed a diverse partner ecosystem in Vietnam.
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Christanto Suryadarma, sales vice president for Southeast Asia, South Korea, and Channel APJeC at Zebra Technologies. Photo: PV |
“Vietnam is a crucial market for Zebra. Our strong team and extensive certified partner network are dedicated to delivering industry-specific solutions to our customers,” said Suryadarma. “Leveraging our global expertise and innovative solutions, we aim to support all companies operating in Vietnam, across sectors like manufacturing, retail, transportation, logistics, and healthcare, to overcome challenges and achieve digital transformation.”
The 2025 strategy shows Zebra’s long-term commitments in Vietnam. According to Zebra Technologies, its strategy is deeply linked to megatrends – external factors that shape the tech industry. These include mobility and cloud, AI, digitalisation and the Internet of Things, e-commerce, and automation.
To continue offering a comprehensive portfolio of advanced solutions, innovation is at the heart of Zebra Technologies where it invests heavily in business development and research and development. Last year, the company’s revenue was approximately $5 billion, of which it allocated about 10 per cent towards innovation.
“Innovation allows us to continuously develop new technologies and solutions that address real-world challenges. By leveraging mobility, cloud computing, scanning, RFID, and other technologies, we can provide real-time tracking and insights to meet the growing business demands of optimising workflows, improving efficiency, and enhancing decision-making,” the Zebra representative noted. “Our goal is to seamlessly connect all these elements – assets, people, and activities – through enterprise mobile computing. The more we can connect frontline workers, the better we can enhance business operations.”
Commitment to innovation has positioned Zebra Technologies as the leader in rugged mobile computing. While consumer mobile computing – laptops and smartphones – is widely used, Zebra dominates the enterprise mobile computing space, particularly in rugged devices designed for business-critical operations.
Another area where the company is very strong is data capture. Today is the era of AI. But for AI to work effectively, it needs data—clean, accurate data. As the company specialises in data capture, it is in a strong position to align with AI-driven market trends.
Along with data capture, the company is also the leader in barcode printing. Many businesses need barcode labels. These labels are used in countless industries. In Vietnam, for example, it’s becoming common in restaurants where instead of taking orders manually, customers simply scan a barcode on the table to access the menu.
Another area where Zebra holds the number one position is mobile RFID. RFID stands for radio frequency identification. This is a fast-growing business, and today, the world consumes approximately 30 billion RFID tags annually.
Key industry trends for 2025
Manufacturing, transport and logistics, and retail are the areas where Zebra is deeply involved.
Suryadarma said that manufacturing is a major industry in Vietnam. Zebra’s machine vision and AI solutions can significantly enhance manufacturing operations. He sees a lot of potential in helping businesses improve efficiency and productivity through automation and smart technology.
“We recognise the trends in this sector. Now, we are seeing many economic uncertainties, trade discussions, and shifting policies that are prompting manufacturers to focus on incremental, scalable improvements rather than sweeping transformations. Manufacturers want to automate their processes, but they are looking for cost-effective modernisation strategies. This requires new approaches and scalable automation tools for success,” he admitted.
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Zebra Technologies’ 2025 Regional Partner Summit in Danang. Photo: PV |
In transport and logistics, companies are now balancing onshore and offshore solutions while also ensuring sustainability. They would rather not generate excessive waste; instead, they want to reduce carbon footprints and implement greener supply chain practices. This shift requires greater visibility and real-time insights.
In logistics, the market sees a growing interest in AI, RFID, real-time tracking, and new visibility technologies. These are becoming increasingly important. For example, Vietnamese company Nhat Tin Logistics has implemented Zebra’s scanning solutions, improving speed, efficiency, and productivity in scanning and delivery operations.
Moving on to retail, customer expectations and labour shortages are two major challenges in this industry. This is where technology is making an impact.
“With Vietnam’s large population, retail is booming. We’re seeing a lot of automation in retail. For example, many cafés now use digital solutions – customers scan a QR code, place orders, and receive their items seamlessly. Many retailers have already adopted RFID to enhance customer experience. While we cannot disclose specific names due to customer confidentiality, we can confirm that RFID adoption is happening in Vietnam,” he added.
An example is in warehouses. When people walk into a warehouse, they do not just see shelves of products, they see workers constantly moving, picking, sorting, and delivering items. These workers are the backbone of warehouse operations. Similarly, in hospitals, nurses and doctors are on the front line, caring for patients and ensuring smooth medical operations.
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Many regional partners joined the summit. Photo: PV |
Healthcare is another key area of growth. Similar to other countries, people in Vietnam increasingly expect better healthcare services, both from government and private hospitals. Digitalisation plays a crucial role in improving healthcare efficiency.
“With nearly 8 per cent GDP growth last year, the challenge now is how to push Vietnam’s growth even further. Maybe one day, Vietnam can reach 10 per cent or even higher. It is not impossible, but it comes down to the people, the partnerships, and strong leadership across all organisations,” he noted.
Vietnam is to work with the United States on ways to reach a trade balance and circumvent the latter’s heavy tariff imposition.
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Vietnam is improving local products and origin of goods information, photo Le Toan |
Later this week, Minister of Industry and Trade Nguyen Hong Dien will fly to the US to work with its Department of Commerce on further materialising the comprehensive strategic partnership forged in 2023.
“The main reason for the trade imbalance between the two countries comes from the complementary nature of the two economies, which is due to the export and foreign trade structure of the two countries,” said Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan at last week’s governmental press conference in Hanoi.
“Vietnamese exports to the US compete with those from third nations, not directly with US enterprises in the US market. Meanwhile, they even also create conditions for American consumers to use Vietnamese goods at cheap prices,” Tan added.
According to the Ministry of Industry and Trade (MoIT), Vietnam is an open economy which pursues a free trade policy. The tariff difference on US goods is not high and may decrease in the future because Vietnam will reduce most favoured nation tariffs on many types of goods.
“Therefore, a number of US products with high competitive advantages such as automobiles, agricultural products, liquefied natural gas, and ethanol will benefit from this policy,” Tan said. “At the same time, it will create positive import flows from the US, contributing to improving the trade balance between the two.”
In addition, there is an ongoing policy dialogue on trade and investment between the two countries under the Vietnam-US Trade and Investment Framework Agreement founded in 2007. Therefore, existing problems in bilateral trade and economy, if any, will be proactively discussed through the US-Vietnam Council on Trade and Investment.
This is a mechanism that has created a common vision, contributed to the long-term direction, and stabilised the development of bilateral economic and trade relations, the MoIT said.
In addition, the Vietnamese government has taken the initiative in assigning ministries and sectors to review obstacles to the US “on the basis of fair trade, reciprocity, in accordance with the law, harmoniously and satisfactorily meeting the interests of all parties”, the ministry added.
“Vietnam will also create better conditions for US investors to participate in the process of forming and developing key industries in Vietnam, especially key energy projects involving new energy, hydrogen, and nuclear power,” Tan explained. “This will create a premise to increase imports of liquefied natural gas, fuel, machinery and equipment, and technology from the US, thereby contributing to improving the trade balance between the two countries.”
Via the US Embassy to Vietnam and the country’s counterpart in the US, the MoIT has sent a message that Vietnam wishes to maintain and develop a harmonious and sustainable economic and trade relationship of mutual benefits with the US. At the same time, Vietnam reaffirmed that it has and will never create any policy that hurts labourers or the national security of the US.
Since returning to office in January, US President Donald Trump has launched a sweeping series of tariffs, marking a return to the aggressive trade policies of his first term. The measures reflect the administration’s broader effort to protect domestic industries and address what the president views as unfair trade practices.
According to Asia Briefing, a subsidiary of Dezan Shira & Associates, as a major supplier of goods to the US, the tariffs could significantly impact Vietnamese exporters.
“It is also possible that Vietnam will become the target of country-specific tariffs, as the country has a large trade surplus with the US and has previously been accused by the US administration of engaging in unfair trade practices,” Asia Briefing said. “However, Vietnam may be able to mitigate the impact by striking a deal with the US, especially if it agrees to increase imports of American goods or ease market access for businesses from the US.”
However, Adam Sitkoff, executive director of the American Chamber of Commerce in Hanoi, told VIR that it was too early to gauge the impact of tariffs. In the past month, Vietnamese officials have repeatedly said they would seek compromises with the US on trade.
“This is likely to include promises of additional aeroplane purchases, boosting Vietnam’s imports from the US of liquefied natural gas, better market access for American agricultural products, and an adjustment of some regulations to make it easier for US companies to access the Vietnamese market,” Sitkoff said.
He suggested that Vietnam should take some necessary actions, including creation of more transparency in the origin of goods and increasing local content, and doing more to solve burdens and barriers faced by American companies and investors here.
Vietnam’s exports to the US reached $119.6 billion last year and $19 billion in the first two months of 2025.
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