Minister of Information and Communications Nguyen Manh Hung has called on Vietnamese enterprises to foster self-reliance and mastery of digital technology, emphasizing the transformative potential of the "Make in Vietnam" initiative for national prosperity and long-term peace.

Confidence to tackle ambitious goals

During the Ministry’s annual New Year meeting on January 22, Minister Nguyen Manh Hung and senior officials engaged with leaders from over 20 prominent organizations and businesses in the ICT sector.

The Minister expressed pride in Vietnam's achievements in technology and communications, highlighting key milestones:

Vietnam ranks 17th globally in cybersecurity.

It is one of five countries with a domestically developed social media platform rivaling Facebook in user numbers.

Vietnamese enterprises have successfully developed 5G equipment and exported it internationally.

Domestic companies hold 70% of the port management software market.

Minister Hung encouraged businesses to take on larger responsibilities, contribute more significantly to national development, and confidently pursue ambitious goals.

Inspiring success stories

Executives from notable companies such as Viettel, FPT, VNG, MBBank, MK Group, and VNPT shared their success stories, providing valuable insights for participants.

For instance, One Mount’s CEO Nguyen Thi Dieu recounted her journey of overcoming personal limitations to lead significant projects like VinFast and One Mount, underscoring the importance of stepping into the unknown.

Similarly, MBBank’s Vice Chairwoman Vu Thi Hai Phuong shared how applying strategies from telecommunications and software industries helped the bank multiply its customer base fivefold within five years.

MK Group’s Chairman Nguyen Trong Khang highlighted the potential for Vietnamese digital technology firms to export their solutions globally, sharing experiences of expanding operations to Ethiopia and Brazil.

Minister Hung emphasized that these successes demonstrate the potential of Vietnamese enterprises to create world-class products, leveraging their domestic achievements to enter international markets.

"Make in Vietnam" and the path to global growth

Vietnamese digital technology firms achieved $11.5 billion in overseas revenue in 2024, with an annual growth rate exceeding 30%. The Ministry of Information and Communications aims to increase this figure to $100 billion by 2035, surpassing agricultural exports.

Minister Hung stressed the importance of exporting technology, calling it the best test of Vietnam's capabilities.

“Vietnam offers a rich environment for companies to develop cutting-edge solutions domestically before scaling globally. The ‘Make in Vietnam’ approach can help us achieve not only prosperity but also peace, as it supports the development of a robust defense and security industry,” he stated.

He further encouraged businesses to think of creating a metaphorical “Vietnamese magic crossbow” to safeguard the country’s future.

Resolution 57: A game-changer for innovation

Minister Hung highlighted the importance of Resolution 57, which promotes breakthroughs in science, technology, innovation, and digital transformation.

He explained that all goals under Resolution 57 must be quantified into specific indicators, measured automatically, and publicly reported to ensure transparency and accountability.

Leaders, including FPT’s CEO Nguyen Van Khoa, praised the resolution as a pivotal support mechanism for the industry. Khoa emphasized FPT’s commitment to including other businesses in its ecosystem to foster collective growth, both domestically and internationally.

With the implementation of Resolution 57, Minister Hung is optimistic about the transformative impact of science, technology, and digital innovation.

“This revolution in innovation and digital transformation will play a crucial role in elevating Vietnam to a developed socialist nation by 2045,” he declared.

Van Anh