Digital Economy Development in the Era of Global Digitalization: International Experiences and Policy Recommendations for Vietnam
Abstract
The digital economy has become a new driver of growth for nations in the context of globalization and a decisive factor in shaping national competitiveness amid deep digital transformation. This paper analyzes the theoretical foundations of the digital economy, assesses the current state of digital economy development worldwide and in Vietnam, and proposes policy implications to promote rapid, sustainable, and globally integrated digital economic growth in Vietnam. The findings indicate that Vietnam possesses significant potential to emerge as a dynamic digital economy; however, it also faces challenges such as fragmented data infrastructure, limited digital capabilities among enterprises, and regulatory frameworks that have not kept pace with development requirements. Policy recommendations focus on improving institutional frameworks, developing digital infrastructure, fostering innovation, enhancing the quality of digital human resources, and creating an enabling environment for enterprise-level digital transformation.
How to Cite This Article
Hoang Thanh Tuyen (2025). Digital Economy Development in the Era of Global Digitalization: International Experiences and Policy Recommendations for Vietnam . International Journal of Foreign Trade and International Business Upgradation (IJFTIBU), 6(2), 45-50.