The next wave of digital technologies – AI, blockchain, the Internet of Things, and platforms and cloud-based services – has the potential to transform Vietnam into Asia’s next high-performing economy, and to bring up the living standards of all of Vietnam’s citizens over the coming decades.
This report aims to serve as a strategic decision-making tool for leaders in government and business negotiating the new wave digital innovation and the next phase of economic development.
Vietnam’s Future Digital Economy: Towards 2045 provides economic modelling for up to the years 2030 and 2045 for four potential scenarios of growth for Vietnam’s digital economy. With a young and vibrant population, high investment and a location in the heart of high-growth Asian economies, Vietnam has a good chance of surging forward with the new digital tools available, if the transition is managed well.
This transformation will not come without risk, but the larger risk in these times of rapid change, is not transforming at all.
Publication Date: May 2019