Vietnam
Vietnam is a sovereign Southeast Asian state pursuing economic modernization through digital infrastructure expansion, AI ecosystem partnerships, nuclear and renewable energy development, and Comprehensive Strategic Partnerships with India, Japan, South Korea, and the EU.
- Company typePrivate
- Founded2006
- HeadquartersHanoi, Vietnam
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Vietnam does
Vietnam is a sovereign state in Southeast Asia whose government manages national governance, economic development, energy and resource policy, and digital transformation initiatives. The Government's primary digital platform is the Vietnam Government Portal (Cổng Thông tin điện tử Chính phủ), launched on January 10, 2006, which operates as a content management and publication system providing official government news, legal documents, administrative procedures, and policy information to citizens and businesses. The portal operates 24/7/365 under the Government Office (Văn phòng Chính phủ) and is organized as a Grade-A administrative unit with four departments: Office, Gazette/Data/Technology, Planning/Finance, and the Government Electronic Newspaper. It is self-financed through state budget allocations and does not generate commercial revenue.
Vietnam's underlying economic activity spans a digital technology sector that generated approximately USD 23.6 billion in revenue (38% year-on-year growth) across 80,000 active digital enterprises, a tourism sector generating approximately USD 41 billion in revenue, and major bilateral trade relationships with India (USD 16 billion, targeting USD 25 billion by 2030) and Japan (USD 13.7 billion). The country pursues energy diversification through a Russia-backed 2,400 MW nuclear power agreement and an accelerated E10 biofuel mandate, while expanding its digital infrastructure to 110.5 million mobile broadband subscribers with 85.8% fiber optic coverage.
Vietnam's go-to-market operates through diplomatic channels and strategic partnership frameworks rather than commercial sales. Recent engagement includes Enhanced Comprehensive Strategic Partnerships with India (May 2026) and the EU (February 2026), a Comprehensive Strategic Partnership with Japan (May 2026), a presidential-level partnership with South Korea (April 2026), and AI infrastructure cooperation with SK Group (April 2026). The FTSE Russell upgrade to Secondary Emerging Market status effective September 2026 is expected to attract USD 5-6 billion in institutional capital, and Moody's maintained a Ba2 rating with the only positive outlook in Asia-Pacific. Vietnam plans to secure USD 5.5 billion in foreign loans in 2026 to accelerate 234 infrastructure projects.
Vietnam firmographics
Firmographics- Name
- Vietnam
- Legal name
- Cổng Thông tin điện tử Chính phủ
- Website
- https://chinhphu.vn
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Vietnam is a sovereign Southeast Asian state pursuing economic modernization through digital infrastructure expansion, AI ecosystem partnerships, nuclear and renewable energy development, and Comprehensive Strategic Partnerships with India, Japan, South Korea, and the EU.
- Ownership category
- akta.pro rank
Vietnam industry classification
Industry- Product category
- Government Administration / Sovereign Public Services
- NAICS
- Executive, Legislative, and Other General Government Support (9211), Administration of Economic Programs (9261), National Security and International Affairs (928)
- SIC
- International Affairs (9721)
- akta.pro primary industry
- Central Government Policy, Strategy & Performance (incl. OMB-style functions) (BPAIAAAB)
- akta.pro secondary industries
- Government Digital Service & eGovernment (Service Delivery, IDs, Portals) (BPAIAAAE), Trade, Industry & Economic Development Administration (BPAIAAAL), Democratic Governance & Public Administration Reform (BPADAGAJ)
Keywords
Where Vietnam is headquartered
LocationHeadquarters
- HQ city
- Hanoi
- HQ country
- Vietnam
- HQ region
- Asia
Offices1 record
Markets served
Vietnam business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Others
Revenue model
- Foreign Investment & Infrastructure Development: Vietnam plans to secure US$5.5 billion in foreign loans in 2026 to accelerate infrastructure development and address bottlenecks in disbursement, with 234 projects underway including a mix of funding sources such as official development assistance, concessional loans, and private investments.
- Digital Technology Revenue: Vietnam's digital technology sector reported approximately $23.6 billion in revenue for April 2026, representing roughly 38% year-on-year growth, with 80,000 active digital enterprises and export activity rising nearly 39.6%.
- Fiscal Policy & Capital Markets: The government faces the challenge of mobilising over VND38 quadrillion ($1.52 trillion) in total resources while managing constraints in monetary policy capacity, with fiscal policy and capital markets expected to play a larger role in the 2026-2030 period.
Distribution channels3 records
Marketing channels3 records
Vietnam product offering
Product offeringCore offering
Vietnam is a sovereign state whose government provides public administration, economic development, and policy services through the Vietnam Government Portal (Cổng Thông tin điện tử Chính phủ / chinhphu.vn). The portal aggregates official government news, legal documents, administrative procedures, and policy directives for citizens, enterprises, and overseas Vietnamese, operating 24/7 under the Government Office (Văn phòng Chính phủ). Beyond the portal, the government delivers sovereign governance including digital transformation strategy, AI ecosystem development, renewable and nuclear energy programs, and strategic trade partnerships.
Product overview
The Government Portal (chinhphu.vn) is Vietnam's central e-government information platform operated by the Government Office. It functions as a content management and publication system that aggregates official government news, legal documents, administrative procedures, and policy information for citizens and businesses. The portal does not offer commercial products or services.
Differentiator
Problem solved
Functional benefit
Products and services
- Vietnam Government Portal (Cổng Thông tin điện tử Chính phủ) Official e-government information platform of the Government of the Socialist Republic of Vietnam. Aggregates official government news, legal documents, administrative procedures, and policy information for citizens, enterprises, and overseas Vietnamese (Kiều bào), with separate dedicated sections for citizens (Công dân) and enterprises (Doanh nghiệp). Operates as a Grade-A administrative unit under the Government Office (Văn phòng Chính phủ).
- Government Electronic Newspaper (Báo điện tử Chính phủ) Official electronic newspaper of the Vietnamese Government for news and information dissemination, operating under the Government Office (Văn phòng Chính phủ). Provides authoritative coverage of government activities, policies, and directives.
- Official Government Mail (mail.chinhphu.vn) Official government email service for inter-agency and government official communications, accessible to government staff and officials.
Quantifiable outcome
- 8% GDP growth in 2025 with 32% increase in FDI inflows in early 2026
- +3 more outcomes
Companies that use Vietnam
Customer profileSegments4 records
Ideal customer profiles4 records
Vietnam technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Vietnam partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor and core.
- IndonesiaminorVietnam and Indonesia launched new regulations for forest carbon projects. Vietnam passed Decree No. 180/2026/ND-CP establishing rules for forest carbon sequestration and storage services, effective July 2026. Both countries aim to improve readiness to participate in global carbon markets and support net-zero emissions commitments by 2050.
- IndiacoreIndia and Vietnam elevated bilateral ties to Enhanced Comprehensive Strategic Partnership during President To Lam's state visit. Set trade target of $25 billion by 2030 (from current $16 billion). Signed 13 MoUs covering defense (BrahMos missiles), digital payments (UPI integration), rare earth minerals, pharmaceuticals, and agricultural trade. India accepted Vietnam's invitation to participate in nuclear power sector.
- Russia (BrahMos)coreRussia, joint developer of BrahMos missiles, assured India during December 2024 defense ministerial meeting that it has no objection to sales to Vietnam and Indonesia. Vietnam exploring potential deal for BrahMos supersonic cruise missile system estimated at $625-700 million for coastal defense capabilities.
- JapancoreJapanese PM Sanae Takaichi met with Vietnamese PM Le Minh Hung in Hanoi to deepen Comprehensive Strategic Partnership established in 2023. Signed six agreements covering infrastructure, climate action, agriculture, technology, digitalisation, and space cooperation. Japan committed under its $10 billion Power Asia Initiative to arrange crude oil supplies for Vietnam's Nghi Son Refinery. Bilateral trade rose 12.3% to $13.7 billion.
- SK Group (South Korea)coreSK Group, through SK Innovation and SK Telecom, signed MoUs with Vietnam's Nghe An Province and National Innovation Center to establish AI data centers, develop energy infrastructure, and support Vietnam's AI industry growth strategy. Marked first overseas expansion of SK Group's full-stack AI model. Chairman Chey Tae-won stated company will leverage capabilities across energy, semiconductors, AI models, and application services.
- South Korea (Presidential Level)coreSouth Korean President Lee Jae Myung met with Vietnamese President To Lam in Hanoi. Lam expressed support for Seoul's efforts to resume inter-Korean dialogue. Both leaders agreed to broaden bilateral strategic cooperation across diplomacy, defense, and security, and elevate their comprehensive strategic partnership. Lee pledged South Korea's support for Vietnam's hosting of APEC summit in Phu Quoc in 2027.
- European UnioncoreEU and Vietnam agreed to establish a Comprehensive Strategic Partnership during European Council President Antonio Costa's visit to Hanoi. Vietnam is the EU's largest trading partner in Southeast Asia, making the agreement economically and strategically significant for both parties.
- RussiacoreVietnam signed agreement with Russia to construct a 2,400-megawatt nuclear power plant. Japan withdrew from Vietnam's Ninh Thuan 2 nuclear project citing timeline concerns, though France, South Korea, and United States have expressed interest.
- Malaysia and SingaporeminorMalaysia, Singapore, and Vietnam signed agreement on cross-border renewable energy exports at 46th ASEAN Summit, including joint feasibility study on utilizing Vietnam's offshore wind capacity to supply Malaysia and Singapore. Initiative aims to support regional decarbonization and enhance energy security.
Scale indicators12 records
Recent moves6 records
Expansion highlights7 records
Vietnam competitors and assessment
Company assessmentBroad incumbents
- China: The largest manufacturing economy in the region and the principal player whose supply-chain diversification ('China+1') is driving FDI into Vietnam. Comparable as the dominant regional economic force and counterparty in trade, AI, and infrastructure deals.
- India: Larger South Asian emerging market and strategic Comprehensive Partner. Comparable as a destination for supply-chain diversification from China, but materially larger and more developed in capital markets, defense exports, and digital public infrastructure.
- Singapore: Developed ASEAN economy and regional financial center. Relevant as a peer for cross-border wind-energy cooperation and as the upper-bound benchmark for what a successful ASEAN reform and capital-market development path looks like.
- South Korea: Developed Asian technology and export powerhouse with a Comprehensive Strategic Partnership with Vietnam and active AI/infrastructure investments (SK Group). Useful as a benchmark for Vietnam's technology-upgrade and industrial-policy trajectory.
Direct peers
- Thailand: Established ASEAN manufacturing hub and long-standing emerging market that has been losing share to Vietnam in lower-end manufacturing. Comparable on supply-chain diversification plays, tourism economics, and the political-stability premium priced by foreign investors.
- Malaysia: Middle-income ASEAN economy with a more developed capital market, palm-oil export base, and active renewable-energy cooperation with Vietnam (cross-border wind study). Malaysia is a benchmark for what Vietnam's next stage of capital-market development could resemble.
- Philippines: ASEAN emerging market heavily reliant on remittances, FDI, and digital services growth. The Philippines is a key Vietnamese export destination (85.3% of rice imports) and shares a similar investment-grade-junk credit profile, making it a direct comparable on trade, remittance, and capital-market positioning.
- Indonesia: ASEAN's largest economy and fellow G20 emerging market with comparable manufacturing-led growth, FDI attraction, and commodity export profile. Indonesia's recent forest-carbon partnership with Vietnam and similar middle-income trajectory make it a natural regional comparable for evaluating Vietnam's reform and capital-market upgrade path.
- Bangladesh: South Asian low-cost manufacturing competitor and emerging-market FDI recipient. Bangladesh is a primary alternative for textile and light-manufacturing relocations, making it a structural comparable for Vietnam's labor-cost and supply-chain positioning.
Regional players
- Cambodia: Smaller ASEAN frontier economy with a manufacturing and FDI-driven growth model. Useful as a sub-scale comparable for assessing Vietnam's competitive position in low-cost assembly within the same regional bloc.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Vietnam social profiles
Digital presenceVietnam financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vietnam leadership team
Management profileNumber of profiles
Profiles6 records
Vietnam subsidiaries and ownership
Company hierarchySubsidiaries4 records
Vietnam funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vietnam M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vietnam
What does Vietnam do?
Vietnam is a sovereign state whose government provides public administration, economic development, and policy services through the Vietnam Government Portal (Cổng Thông tin điện tử Chính phủ / chinhphu.vn). The portal aggregates official government news, legal documents, administrative procedures, and policy directives for citizens, enterprises, and overseas Vietnamese, operating 24/7 under the Government Office (Văn phòng Chính phủ). Beyond the portal, the government delivers sovereign governance including digital transformation strategy, AI ecosystem development, renewable and nuclear energy programs, and strategic trade partnerships.
Is Vietnam a public or private company?
Vietnam is a private company. It is classified as state government owned and is currently operating.
When was Vietnam founded?
Vietnam was founded in 2006. It employs 501 to 1,000 people.
Where is Vietnam based?
Vietnam is headquartered in Hanoi, Vietnam, in the Asia region.
How does Vietnam make money?
Three revenue lines are on record. Foreign Investment & Infrastructure Development is the primary driver. The others are digital Technology Revenue and fiscal Policy & Capital Markets.
Who are Vietnam's main competitors?
Broad incumbents on record are China, India, Singapore and South Korea. Direct peers are Thailand, Malaysia, Philippines, Indonesia and Bangladesh. Cambodia is listed as a regional player.
Does Vietnam have an API?
No public API is recorded for Vietnam.
What industry is Vietnam in?
Vietnam's product category is Government Administration / Sovereign Public Services. Its primary akta.pro industry code is BPAIAAAB, Central Government Policy, Strategy & Performance (incl. OMB-style functions), with a secondary code of BPAIAAAE, Government Digital Service & eGovernment (Service Delivery, IDs, Portals). Its NAICS code is 9211 and its SIC code is 9721.