Vietnam’s science and technology sector generated total revenue of more than VND5.4 quadrillion (US$206 billion) in 2025, marking a year-on-year increase of 25% and exceeding the annual target by 22%, according to the Ministry of Science and Technology.
The sector contributed approximately VND1.44 quadrillion ($54.7 billion) to the national GDP, up 35% compared to 2024, the ministry reported at a conference on December 26 reviewing the sector’s performance and outlining tasks for 2026.
Vietnam ranked 44th out of 139 economies in the Global Innovation Index and 55th among 100 countries in the Startup Ecosystem Index in 2025. The country is now home to around 4,000 startups, including two unicorns and dozens of firms approaching unicorn status.
Digital infrastructure and postal services continued to serve as vital pillars of the economy. Revenue from postal services was estimated at VND87 trillion (more than $3.3 billion), up 20% year-on-year and equivalent to 106.6% of the annual target.
Telecommunications revenue reached VND176.56 trillion (more than $6.7 billion), representing an 8% increase from the previous year. Vietnam’s internet speed also saw significant improvements, ranking among the leading countries in the region and within the global top 10–15, according to international assessments.
Meanwhile, more than 80,000 enterprises have operated in the digital technology industry. More than 2,100 of which have expanded their operations globally.
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