Where is Vietnam in the global digital race?
To assess where Vietnam is in the digital race, the World Bank uses the assessment framework on the digital economy, with four pillars: Connect, Harness, Innovate, Protect (CHIP).
Accordingly, Vietnam performed well compared to countries in the first group and even those in the second group in some areas, but showed important weaknesses in others. Vietnam seems to have good results in Connect (Pillar 1), with high rankings in terms of mobile phone usage and internet connectivity, although Internet connection speeds were still not as fast as their predecessors.
Vietnam also made progress in the use of new digital tools by businesses and governments, although mainly for basic functions (Pillar 3).
Vietnam ranked relatively low in terms of technology mastery and user protection, with a low ranking in Pillars 2 and 4.