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GenAI to contribute 14 trillion VND to Vietnam’s digital economy by 2030

GenAI to contribute 14 trillion VND to Vietnam’s digital economy by 2030: Official

Generative AI is expected to contribute 14 trillion VND (574.83 million USD) to the Vietnamese digital economy by 2030, Dang Huu Son, co-founder of LovinBot AI and Vice Chairman of the local digital human resources development alliance AIID, has said.
GenAI to contribute 14 trillion VND to Vietnam’s digital economy by 2030: Official ảnh 1The year 2023 witnesses the launch of various AI products developed by Vietnamese experts.(Photo: tapchitaichinh.vn)

Hanoi (VNA) - Generative AI is expected to contribute 14 trillion VND (574.83 million USD) to the Vietnamese digital economy by 2030, Dang Huu Son, co-founder of LovinBot AI and Vice Chairman of the local digital human resources development alliance AIID, has said.

Son said the development of AI will impact the efficiency and enhance personal skills of multiple generations on a national scale. Vietnam has taken the lead in an AI survey, with 91% of Vietnamese respondents expressing enthusiasm for this technology – the highest rate compared to other markets researched, according to Finastra Financial Services.

The year 2023 witnessed the launch of various AI products developed by Vietnamese experts. FPT introduced FPT AI Mentor - the first in-enterprise training advisor in the Southeast Asian nation, while LovinBot launched AI content writing assistants for individuals and businesses. VinAI announced an open-source research project on a large language model specifically for the Vietnamese language, known as "PhoGPT", and VinBigdata officially unveiled a version of ChatGPT named ViGPT for end-users in Vietnam.

Nguyen Kim Anh, a product director at VinBigdata, noted that the community version of ViGPT will focus on cultural and historical features, preserving and developing aspects important to future generations of Vietnamese. Furthermore, VinBigdata has collaborated with the Ministry of Information and Communications to apply the ViGPT version for information involving the body’s legal regulations and policies.

Recently, the AIID was launched based on the collaboration of 17 technology-related universities and enterprises, aiming to help students access practical digital knowledge and skills./. 

VNA

After four editions of the Top Industry 4.0, this year, the programme was officially renamed “Vietnam I4 Impact Awards”, which is not just a change in name but a shift in development thinking and core values.

Experts said close coordination among State management agencies, research institutes, universities, and businesses will improve training quality and serve the dual goals of quality education and practical research application.

To promote copyright protection, Vietnam is accelerating efforts to master core technologies and build integrated platforms capable of receiving, processing, distributing and protecting digital content on a unified system.

OVs hope the two countries can establish an interconnected cooperation mechanism in the technology supply chain, from sharing research, testing, and development infrastructure to training human resources, thereby forming a technology alliance able to compete with others in the ASEAN region and the world.

Part of the Vietnam Innovation Challenge 2026, the programme goes beyond conventional coding competitions by requiring participants to develop AI-driven solutions to business challenges in real time.

Many experts in Singapore expressed their hope that the General Secretary and President’s visit will pave the way for more substantive cooperation mechanisms between Vietnam and Singapore in high technology, innovation and human resources development.

Ho Chi Minh City currently hosts 143 science and technology enterprises, accounting for around 20% of the national total. Total factor productivity (TFP) contributes 59% to the city’s GRDP growth, with science and technology responsible for 74% of TFP growth.

Over recent years, NSTDA has built strong partnerships with Vietnamese research institutes and organisations in agriculture, biotechnology, energy and sustainable development. Notable examples include joint projects on cassava value chains, salt-tolerant rice, biotechnology products and an initiative on green energy cooperation and development in the Mekong basin.

Vietnam now needs more effective digital transformation to create higher productivity, new growth models and stronger competitiveness in the AI era, said participants at the plenary session of the Vietnam-Asia DX Summit 2026.

The project aims to transform VNeID into a modern, secure and highly scalable national digital platform capable of effectively serving citizens, businesses, agencies and organisations in handling administrative procedures, accessing online public services, conducting electronic transactions and using digital utilities.

More than just a major technology competition for engineering students, this year’s event provides a platform for innovation, artificial intelligence (AI) and practical industrial applications to converge.

Regional Representative of the UNODC for Southeast Asia and the Pacific, Delphine Schantz, recommended that countries should treat the UN Convention against Cybercrime (Hanoi Convention) as a ‘starting point,’ instead of an ‘end goal.’

The inclusion of Vietnamese researchers in the 2026 Asian Scientist 100 list alongside Nobel laureates highlights Vietnam’s increasing integration into the global scientific community and its expanding research capabilities.

For Ho Chi Minh City, science, technology and innovation have been identified as key drivers of growth in the new development period. Biotechnology, therefore, is considered one of the sectors capable of generating high added value and promoting the transition towards a greener growth model.

Addressing the forum, Vietnamese Ambassador Tran Phuoc Anh expressed appreciation for the initiative to connect Vietnamese intellectuals in Singapore and make the most of the city-state’s strengths in science, technology and innovation.

Experiences from localities nationwide show that Resolution 57 is fostering a marked transformation in development mindset. Science and technology, innovation and digital transformation are increasingly becoming foundational drivers of economic growth and opening new development space for localities in the years ahead.

Vietnamese authorities handled more than 30 cases involving the illegal sale and theft of personal data between 2023 and 2025, affecting over 160 million data records across sectors including health, education, finance, banking and telecommunications.

Participants highlighted the importance of building a proactive, synchronised and sustainable national cybersecurity ecosystem through closer cooperation among regulators, technology firms, research institutions and cybersecurity experts.

Research by the Ministry of Justice (MoJ) shows that AI adoption in the legal sector remains constrained by fragmented, unstandardised and weakly connected legal databases. A unified national legal data ecosystem has yet to be established, while big data and AI applications are still largely confined to pilot programmes and have not been integrated across the full legislative process, including drafting, appraisal, review and inspection of legal documents.

The scheme aims to build a workforce with sufficient quantity, balanced structure and high-quality expertise to meet the country’s growing demand for atomic energy development and applications, while ensuring radiation safety, nuclear safety and nuclear security.