Executive Summary.
Vietnam’s economic progress is undeniable, yet it lags behind regional peers in technological maturity and productivity. To close this gap and secure the next phase of growth, Vietnam must leverage Artificial Intelligence (AI). AI presents a critical opportunity to accelerate development across every industry, building on the nation’s high internet penetration and digitally-eager workforce. This is Vietnam’s moment to leapfrog, not just catch up.
The AI Opportunity.
Harnessing AI is the single most significant driver for the next stage of Vietnam’s growth. Our research shows AI can:
Enhance Vietnam’s attractiveness to foreign investment
AI in Action:
Key Industries & Workforce Upskilling.
AI will be a major boost for Vietnam’s key sectors, and a boon to address top economic priorities.
Modernise manufacturing.
By optimising supply chains and production, AI can unlock VND 400 trillion (USD 16 billion) in productivity gains for Vietnam’s most productive sector, manufacturing.
Upskill the workforce.
While not a direct replacement for teachers or human tutors, AI tutors can complement existing digital learning platforms. By making learning more accessible for all, this could enable 11 million people in Vietnam, who do not currently have access to an adequate formal education, to boost their skills.
Revolutionise agriculture.
Using AI for precision farming and smarter resource management can boost the sector’s productivity gains by VND 34 trillion (USD 1.3 billion).
Boost worker productivity.
These new skills can increase an average worker’s productivity by VND 40 million (USD 1,600) annually, driving higher wages and national prosperity.
Maximising the AI Opportunity.
To help Vietnam fully leverage the AI opportunity, there are three key critical actions for success:
Strengthen national cybersecurity.
As a foundation for a secure digital economy, AI can serve as a powerful national security defense. Widespread deployment can prevent 52% of the costs from cyber fraud and threats.
Advance AI readiness.
Invest in workforce upskilling, modern IT infrastructure, and robust data privacy regulations to accelerate AI adoption.
Bridge the digital divide.
Closing the AI adoption gap between urban and rural areas is essential. Failing to do so puts 8.6% of the total economic benefit at risk, or VND 46 trillion (USD 1.8 billion).