16 September 2024, Ho Chi Minh City – Acclime Vietnam, the premier corporate services provider in Vietnam, is delighted to announce the release of the comprehensive industry report: Breaking the Digital Frontier: Innovations Shaping Vietnam’s Transformation 2024 – 2025, supported by UOB Vietnam and investor community partner AVV.

Our comprehensive report delineates the intricacies of Vietnam’s digital economy and its transformational journey towards sustainable development, offering investors a systematic and in-depth understanding of the digital ecosystem in Vietnam.

Within nearly four decades, Vietnam has experienced rapid digitalisation across industries, notably finance services, retail, education, media & entertainment and much more. According to the Vietnam Chamber of Commerce and Industry (VCCI), Vietnam’s digital economy is forecasted to account for 30% of GDP by 2030.

The digital growth in Vietnam is forecast to accelerate dramatically as the National strategy for the digital economy and society development by 2025, adopted in 2022, and Decree 13/2023/ND-CP on Personal Data Protection, comes into effect since 1 July 2023.

Vlad Savin, Partner at Acclime Vietnam, said, “As Vietnam is progressing its industry 4.0 advancement, digitalization is an imperative mandate for the private and public sector alike. Looking at the entire value chain from a sustainable, interconnected perspective, instead of a silo viewpoint, will enable investors that are part of the digital economy to thrive and reap the benefits that Vietnam’s economy brings. Digitalization and sustainability are not a zero-sum game, but are deeply interconnected, leveraging each other to drive long term growth.”

It is essential to understand the untapped opportunities and challenges that investors may face when investing and doing digital business in Vietnam. This industry report delineates perspectives from leading industry leaders, including Venture Capital, Edtech, Fintech, AgTech, Banking, Corporate Services, ICT, Sustainability, and more, offering a practical guide into the Vietnamese digital economy and the fundamentals driving change in specific sectors.

Key highlights of the report:

  1. Digital Transformation landscape in Asia & SEA
  2. Eagle-eye view on the digital economy
  3. Digital Transformation in Vietnam Snapshot
  4. Digital Transformation the way to sustainable development
  5. Exclusive market insights and analysis on digital sectors in Vietnam
  6. Regulatory compliance and the path toward sustainable growth

We hope our market analysis presented in “Breaking the Digital Frontier: Innovations Shaping Vietnam’s Transformation in 2024 – 2025” will enable investors gain valuable insights into Vietnam’s rapidly evolving digital landscape and position your investments for success in 2024 and beyond.

The report is available for immediate download on Acclime’s website here.
About Acclime Vietnam
Acclime Vietnam is a leading provider of market entry, professional accounting, tax, payroll, compliance, and advisory services in Vietnam, with a focus on providing exceptional services to international clients.
With offices in Ho Chi Minh City, Hanoi and Danang, we assist foreign-invested and locally owned companies to maintain the highest level of professional standards in Vietnam through proactive advice, compliance, and reporting assistance.
About Acclime
Acclime, the premier corporate services provider in Asia, helps corporate and private clients to advance their businesses and interests in difficult-to-navigate markets in emerging Asia. The company’s vision is to reinvent the corporate services sector with innovative solutions that are seamlessly delivered to the highest global standards
About UOB Vietnam
UOB is a leading bank in Asia with a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe and North America.
UOB has been in Vietnam for 30 years, started from a representative office in 1993 and became the first Singapore bank to launch a branch in the country in 1995. Today, UOB Vietnam offers a range of personal and institutional financial services to both Vietnamese and overseas customers across the country backed by the seamless connectivity offered through UOB’s regional network.
About AVV
AVV is an early-stage venture capital firm that aims to empower tech entrepreneurs in Vietnam and beyond to positively transform the lives of people everywhere.
The firm seeks to invest in companies operating in various sectors including technology, software as a service, b2b, ed-tech, gaming, fintech, consumer, blockchain, b2c, artificial intelligence, wellness, and hardware sectors in Vietnam.