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Measuring the digital economy in Vietnam

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  • 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
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    References listed on IDEAS

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    Citations

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    Cited by:

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    3. Dang, Hai-Anh H. & Do, Minh N.N. & Nguyen, Cuong Viet, 2025. "The impacts of climate change and air pollution on children’s education outcomes: Evidence from Vietnam," Economics of Education Review, Elsevier, vol. 106(C).
    4. Li, Chengyou & Zheng, Chunji & Liu, Mengxun & Wang, Zeru, 2024. "Digital economy spillover on energy saving and emission reduction: Evidence from China," Energy, Elsevier, vol. 308(C).
    5. Vu Ngoc Xuan, 2025. "Economic Growth, FDI, and Energy Transition in India’s Revolution 6.0," SAGE Open, , vol. 15(4), pages 21582440251, October.
    6. Luo, Qiong & Chen, Yan, 2026. "Assessing the systemic risk and resilience of digital industrial clusters: A financial network perspective," International Review of Financial Analysis, Elsevier, vol. 109(C).
    7. Yu Chen & Yijie Wang & Dawei Mei & Liang Wang, 2025. "Coupling Coordination and Influencing Factors Between Digital Economy and Urban–Rural Integration in China," Sustainability, MDPI, vol. 17(17), pages 1-25, August.
    8. Liuxin Chen & Fan Fu & Hao Xu, 2025. "Unveiling How the Digital Economy Empowers Green Productivity: Machine Learning and FsQCA Methods," Sustainability, MDPI, vol. 17(17), pages 1-23, September.
    9. Jinxin Bian & Decai Tang & Yan Fang, 2025. "The Dual Impact and Spatial Spillover Effects of the Digital Economy on Urban–Rural Integration," Sustainability, MDPI, vol. 17(2), pages 1-39, January.

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