Hanoi (VNS/VNA) – Total revenue of the digital technology industry in 2025 is estimated at 198 billion USD, up 26% compared to 2024 and 16% higher than the annual plan, heard participants at a recent conference organised by the Ministry of Science and Technology to review the industry's milestones this year and set objectives for 2026.
The sector has contributed more than 1.075 trillion VND (41 billion USD) to GDP, an increase of 10% year-on-year, with estimated profits of over 371 billion VND, reflecting strong operational efficiency.
Addressing the conference, Minister Nguyen Manh Hung said 2025 is a pivotal year, marking the merger of the Ministry of Information and Communications and the Ministry of Science and Technology to form the Ministry of Science and Technology, with expanded responsibilities and higher development demands.
He stressed that the merger is not simply an organisational consolidation, but an effort to generate synergy, positioning science and technology, innovation and digital transformation as three core drivers of national development.
Emphasising the need for fundamental renewal in advisory work, the minister said units must move away from managing procedures towards managing tasks and results, and shift from “doing on behalf” to supporting and enabling the system to operate more effectively. Advisory work, he added, should be closely aligned with reality, avoid formalism, and focus on practical impact in support of national development.
At the conference, the ministry presented the allocation of an additional 25 trillion VND package, proposing 16.716 trillion VND for ministries, sectors and localities. It also prepared the 2026 state budget plan and estimates, with a total outlay of 95 trillion VND, which were approved by the National Assembly.
Through its task monitoring system, the ministry tracked 3,382 tasks assigned by the Government, the Prime Minister and the ministry’s leadership, up 40% compared to 2024. It coordinated preparations for the minister’s participation in National Assembly sessions, resolved all voters’ petitions, and responded to 355 recommendations from localities and businesses.
In the information technology sector, semiconductor development was identified as a key national priority. The systematic rollout of the Strategy for Vietnam’s Semiconductor Industry Development to 2030, with a vision to 2050, together with the issuance of organisational regulations and the establishment of the National Centre for Semiconductor Chip Prototyping Support, was highlighted as an important step in strengthening domestic technological capacity and supporting local enterprises.
At the same time, efforts to develop the market and digital technology enterprises have been intensified through the publication of the “List of Major Problems in Science, Technology, Innovation and Digital Transformation”, aimed at promoting localisation and increasing Vietnamese value content in technology products.
Export turnover of hardware and electronics in 2025 is estimated at 178 billion USD, an increase of 35% compared to 2024 and equivalent to 112% of the annual plan, maintaining its position as a major national export category. The number of operating digital technology enterprises is estimated at 80,052, up 10% year-on-year.
Deputy Minister Bui Hoang Phuong said 2025 is a year of particular significance, involving heavy workloads, high requirements and many unprecedented tasks. Following the merger, the ministry prioritised organisational stability, staff welfare and the rapid completion of the legal framework.
In the first ten months of the year, the ministry reviewed, drafted, amended and revised ten laws, along with numerous decrees and circulars, and served as the focal point for implementing Resolution No. 57-NQ/TW, which involved new tasks under tight timelines and demanding requirements./.
VNA
