Deputy Minister of Information and Communications Pham Duc Long (Photo: VOV)

This is an annual activity held by the Vietnam Internet Association (VIA) and sponsored by the Ministry of Information and Communications (MIC) to boost internet development in Vietnam, strengthen cooperation, and share opportunities for the internet economy. 

Deputy Minister of Information and Communications Pham Duc Long said that Vietnam is one of the countries where the percentage of Internet users who shop online for goods weekly is high, at over 60%, higher than the global average of 57.6%. The size of Vietnam's Internet economy in 2022 reached 23 billion USD and is forecast to reach 49 billion USD in 2025. Vietnam's online retail revenue hit 14 billion USD last year, and is predicted to increase to 32 billion USD in 2025.

Speakers at the event (Photo: Ngoc Anh/VOV)

This is a huge opportunity that the internet has been bringing to Vietnam's development, Long said, adding that this development prospect has attracted the attention of many investors from developed countries such as the US, Germany, China, Japan, the Republic of Korea and Singapore.

Booths at the Internet Day Exhibition (Photo: Ngoc Anh/VOV)

On the sidelines of the event, an exhibition was organized to introduce new technologies from domestic and foreign information technology and telecommunications infrastructure firms.

Delegates, guests, and visitors at the event (Photo: Ngoc Anh/VOV)