Vietnam’s Twin Tech Challenge: Spearheading While Catching Up

“Vietnam is becoming a new digital powerhouse in Southeast Asia. The Google, Temasek, and Bain e-Conomy SEA 2021 report dubbed the 2020s the “Trillion Twenties” for Southeast Asia, as the region’s digital economy will pass the trillion-dollar valuation mark. Within the region, Vietnam has emerged as a center for dynamic growth. Although the gross merchandise value of Vietnam’s internet economy currently lags behind a number of its neighbors at an estimated $21 billion in 2021, that figure is expected to reach $150–$220 billion by 2030.”

Huong Le Thu writes for the Center for Strategic & International Relations

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