IDEAS home Printed from https://ideas.repec.org/a/eee/telpol/v48y2024i3s0308596123001945.html
   My bibliography  Save this article

Measuring the digital economy in Vietnam

Author

Listed:
  • Duc, Dang Thi Viet
  • Dat, Tran Tho
  • Linh, Dang Huyen
  • Phong, Bui Xuan

Abstract

This study uses the concept of digital spillover and a panel model to measure the GDP contribution of Vietnam's core digital economy and digitalized economy. The proposed model is suitable for the case of countries, especially developing countries, with limited data. The calculations and analysis give three main results. Firstly, the scale of Vietnam's core economy has increased rapidly over the past 14 years. In 2007, the share of the core economy in GDP was only 1.45%. In 2019, this number increased to 7.08%. Second, the scale of Vietnam's digitalized economy grew significantly from 2007 to 2019. In 2007–2011, the digitalized economy accounted for 4.90% of GDP. This number increased to 11.56% for the period 2016–2019. Third, the growth of the digitalized economy is mainly based on the growth of the core digital economy. Therefore, the digital spillover effect in Vietnam's digitalized economy during the 13 years has only slightly changed. This study implies that Vietnam needs policies to develop the core digital economy and especially promote digital transformation to achieve the national digitalized economy goal of 20% of GDP by 2025 and 30% by 2030, respectively.

Suggested Citation

  • Duc, Dang Thi Viet & Dat, Tran Tho & Linh, Dang Huyen & Phong, Bui Xuan, 2024. "Measuring the digital economy in Vietnam," Telecommunications Policy, Elsevier, vol. 48(3).
    • Handle: RePEc:eee:telpol:v:48:y:2024:i:3:s0308596123001945
    DOI: 10.1016/j.telpol.2023.102683
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0308596123001945
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.telpol.2023.102683?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:telpol:v:48:y:2024:i:3:s0308596123001945. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/30471/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.