The Sao Khue Awards 2025, held under the patronage of the Ministry of Science and Technology, celebrated  198 outstanding digital products, services, and solutions on April 19, highlighting the relentless innovation and breakthrough creativity of Vietnamese technology enterprises.

This year’s program set a new record with over 500 applications submitted by digital technology companies, demonstrating the strong momentum of Vietnam’s business community as the digital economy emerges as a pillar of the national development.

Following three evaluation rounds, 198 nominations were selected for awards, including 25 products earning the prestigious 5-star Sao Khue rating—the highest number ever recorded.

Mr. Nguyen Van Khoa, President of the Vietnam Software and IT Services Association (VINASA), emphasized that Vietnamese technology companies are not confined to the domestic market but are showcasing their ingenuity on a global scale. Solutions in AI, blockchain, and cloud computing honored at the event have secured major contracts in demanding markets such as Japan, Europe, and North America.

According to statistics, technology companies significantly contributed to the economy, with the digital economy accounting for 18.3% of GDP in 2024, achieving a growth rate of 20% year-on-year. Data from this year’s Sao Khue Awards revealed that the 2024 revenue of the 198 award-winning nominations reached nearly VND48 trillion (over $1.85 billion), representing nearly 20% of the total revenue of Vietnam’s software and IT services industry in 2024.

Mr. Khoa affirmed: "These achievements not only contribute to economic growth but also solidify Vietnam’s position as a regional and global hub for digital services and innovation."