Vietnam

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.

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

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

• Government administration services
• E-government portal
• Public sector governance
• Digital transformation strategy
• Economic development policy

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Others

Revenue model

1. 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.
2. 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%.
3. 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

Core 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

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• IndonesiaminorStrategic or Co-development Partner · 3 June 2026Vietnam 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.
• IndiacoreStrategic or Co-development Partner · 6 May 2026India 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)coreStrategic or Co-development Partner · 6 May 2026Russia, 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.
• JapancoreStrategic or Co-development Partner · 2 May 2026Japanese 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)coreTechnology or Integration · 24 April 2026SK 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)coreStrategic or Co-development Partner · 22 April 2026South 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 UnioncoreStrategic or Co-development Partner · 18 February 2026EU 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.
• RussiacoreStrategic or Co-development Partner · 8 December 2025Vietnam 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 SingaporeminorStrategic or Co-development Partner · 26 June 2025Malaysia, 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

Broad 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

• LinkedInlinkedin.com/company/vietnamgovoffice

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vietnam