Vietnam’s economy has been a standout in Southeast Asia, maintaining robust growth even amid global headwinds. In the current geo-political climate – shaped by supply chain shifts, trade tensions, and post-pandemic recovery – Vietnam is shifting gears to invest in strategic sectors that bolster its resilience. The government is pursuing initiatives in advanced manufacturing, digital transformation, green energy, and healthcare to manage future risks and uncertainties. These sectors not only diversify Vietnam’s economic base but also align with national development goals.
Key Sectors Vietnam Is Investing In
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Digital Transformation & Technology
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Vietnam is pushing to be an ASEAN leader in AI and the wider digital economy by 2030, under a national strategy that emphasizes digital government, digital economy and digital society—plus hard infrastructure like cloud, big data, and 5G. Recent government-backed analyses reaffirm the 2030 ambition to become a regional AI innovation hub, with agencies piloting AI for virtual assistants, public security, and intelligent traffic systems. The digital economy is on track toward ~US$45B by 2025 and potentially US$90–200B by 2030, after double-digit GMV growth in 2024. These priorities reduce supply-chain dependence, lift productivity, and attract FDI into IT services, data centers and fintech.
Renewable Energy & Infrastructure
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Vietnam has sharply upgraded its power plan (Revised PDP8, Apr–Aug 2025), targeting total capacity of ~183–236 GW by 2030 (from ~80 GW in 2023) with a much bigger slice from renewables and new options like offshore wind—and even a nuclear comeback from 2030–35 to enhance energy security. The revisions boost on/nearshore wind to ~26–38 GW by 2030 and raise offshore wind ambitions (to ~17 GW), alongside LNG-to-power and grid build-out. A national hydrogen strategy aims for 100k–500k tons per year by 2030, supporting decarbonization of power and industry. The mix lowers coal’s share, curbs blackout risks, and underpins industrial growth.