According to Standing Deputy Minister of Science and Technology Vũ Hải Quân, the national digital transformation foundation has now taken shape across infrastructure, services, and institutional frameworks. Broadband coverage has reached 99.3% of villages, mobile Internet speeds have climbed to 146.64 Mbps (Top 20 globally), and 5G coverage has reached 26%—figures that affirm Vietnam’s readiness for a digital services boom.
E-Government and online public services have also made significant progress:
Nearly 40% of administrative procedures are now processed fully online, a nine-fold increase from 2019.
Vietnam has risen 15 places in the UN’s E-Government Development Index.
The digital economy continues to expand, with ICT industry revenue reaching USD 118 billion, up 24% year-on-year.
At the same time, the Government is expediting the completion of the Digital Transformation Law—a strategic step to establish a solid legal framework that encourages innovation and the development of “Make in Vietnam” digital products.
Deputy Minister Vũ Hải Quân emphasized that digital transformation must be “faster to keep pace with the era, more efficient to optimize resources, and more people-centric so every Vietnamese can benefit from development.” Being more people-centric also means narrowing the digital divide and ensuring that no one is left behind—whether in rural areas, mountainous regions, or urban centers.
Deputy Prime Minister Nguyễn Chí Dũng asserted: “It is time to move from thinking to action, from digitization to creating digital value, and to measure outcomes not by the number of projects, but by the extent to which citizens and businesses benefit.”
With a strong foundation, improving legal framework, and the collective will of society, Vietnam is poised to enter a new phase of digital transformation—faster, more effective, and more inclusive—toward a resilient, independent, and prosperous nation in the digital era.
In the broader national digital transformation landscape, fintech enterprises play a pioneering role in accelerating progress, particularly in digital payments.
Fintech solutions such as payment gateways, e-wallets, digital identity accounts, and automated collection/disbursement systems are gradually integrating technology into everyday life, enabling citizens and businesses to access digital transactions conveniently, safely, and transparently.
Among the active contributors to Vietnam’s digital payment development is Pay2Pay, a platform providing solutions that help businesses automate financial processes, simplify payment operations, and enhance transaction efficiency.
With flexible integration capabilities and internationally certified security standards, Pay2Pay is contributing to the enhancement of Vietnam’s digital payment infrastructure—supporting businesses in advancing digital transformation in a practical, secure, and sustainable manner.
