Regional broadcaster Channel News Asia said despite global uncertainties and shifting trade dynamics, the country has maintained its stability and robust growth. In the first half of 2024, Vietnam’s economy grew by 6.42%, making it among the 20 fastest-growing in the world.
A strong focus on technology and innovation is helping position Vietnam as a rising force in the information and communications technology (ICT) and semiconductor industries.
CNA stressed that supported by over 70,000 tech firms, Vietnam’s ICT sector has seen significant growth, with revenues surging from 60.9 billion USD in 2016 to 154 billion USD in 2023.
The country’s strides in artificial intelligence readiness, ranking 39th globally last year, and its ambitions to become a major contributor to the global semiconductor value chain by 2045, highlight its growing technological momentum./.
