Viet Nam is home to 75,000 digital technology enterprises

At a meeting held in Ha Noi on July 14, the ministry announced that Viet Nam ranked 44th out of 133 countries in the Global Innovation Index (GII) 2024, moving up two places from the previous year and continuing to lead the group of middle-income countries.

The Viet Nam Science and Technology Exchange Platform was launched earlier this month, bringing the total number of active technology exchanges nationwide to 24.

The nation is home to 4,000 innovation startups, and a growing innovation ecosystem comprising 208 investment funds, 84 incubators and 40 business accelerators.

As many as 42 national science and technology programs are being implemented, linking research with production and practical application.

In the field of digital transformation, there have been 630 million transactions on the national data integration and sharing platform, achieving 73 percent of the annual target.

Additionally, the rate of fully online administrative procedures has reached nearly 40 percent.

The post and telecommunications sector has witnessed strong growth, with revenue increasing by 12.8 percent.

The nation now leads the region in Internet speed, and its Internet Protocol version 6 (IPv6) adoption rate has reached 65 percent, placing it among the top 10 countries globally.

The digital economy accounts for 18.72 percent of Viet Nam's GDP, up 10 percent year-on-year, with the core digital economy making up 8.63 percent.

Advancing digital transformation efforts will help achieve the goal of placing Viet Nam among the world's top 50 countries and 3rd in ASEAN for e-government and digital economy by 2030./.