Vietnam’s digital technology industry generated an estimated $254.6 billion in revenue during the first 10 months of 2026, marking a 53% increase compared with the same period last year. The figures were reported by the Ministry of Science and Technology and highlight the growing role of technology-related businesses in the country’s economy. Exports from the industry also rose strongly, reaching an estimated $212 billion, up 46.2% year on year.
Hardware and electronics remained an important part of the sector’s performance. Exports in this category reached an estimated $30.681 billion in October alone, representing a 108% increase compared with October last year. Businesses operating in the sector contributed around 12.45 trillion Vietnamese dong in taxes to the state budget, a rise of 102%.
The latest figures build on strong growth recorded in 2025, when the industry generated $215 billion in revenue and exports reached $172 billion. The government has been working to expand digital infrastructure, encourage innovation and strengthen the legal framework supporting technology development. These efforts are linked to a national policy aimed at accelerating science, technology and digital transformation.
Digital services are also expanding across government agencies. By the end of September, 37 of Vietnam’s 79 national shared digital platforms were operational, while another 12 were being tested. The National Public Service Portal offered 3,745 online administrative procedures, including 2,361 services that could be completed fully online.
The country has also increased the use of digital signatures and begun testing artificial intelligence tools in public administration. Two Vietnamese-language AI platforms were being piloted across ministries and local authorities to help officials search legal documents, draft and summarise information, and review regulations.
The figures show that Vietnam’s technology sector is becoming an increasingly important source of exports, public revenue and digital services. The challenge will be maintaining this growth while developing domestic innovation and ensuring that technology investment produces long-term economic value.
