This article aims to analyze the current situation of Vietnam's digital economy development through five key pillars: Digital infrastructure; digital platforms; digital financial services; digital entrepreneurship, and digital skills. Based on these assessments, the paper gives some recommendations for Vietnam in developing a digital economy. | VNU Journal of Science Economics and Business Vol. 36 No. 5E 2020 50-59 Review Article The Development of the Digital Economy in Vietnam Nguyen Thi Vu Ha VNU University of Economics and Business 144 Xuan Thuy Cau Giay Hanoi Vietnan Received 14 December 2020 Revised 19 December 2020 Accepted 29 December 2020 Abstract By 2020 the global economy is in decline in every sector except for the digital economy. The core of the digital economy is the digital sector IT ICT . However the scope of the digital economy is even broader than that encompassing a set of emerging digital business models such as digital services the platform economy the sharing economy and more. Recently the digital economy has had a high growth rate and is widely applied to other economic fields especially in the period of COVID-19. This article aims to analyze the current situation of Vietnam s digital economy development through five key pillars i digital infrastructure ii digital platforms iii digital financial services iv digital entrepreneurship and v digital skills. Based on these assessments the paper gives some recommendations for Vietnam in developing a digital economy. Keywords Digital economy digital infrastructure digital financial services digital platforms digital entrepreneurship and digital skills. 1. Overview of a Digital Economy productivity growth and economic structural optimisation 2 . The digital economy is the There is no widely accepted definition of entirety of sectors that operate using Internet the digital economy but the most common Protocol IP - enabled communications though narrow understanding is the share of systems - such as mobile networks e-payment GDP occupied by the Information amp systems and public service networks 3 . Communication Technologies ICT sector 1 . According to Rumana Bukht amp Richard The digital economy refers to a broad range of Heeks in 2017 there is a three-scope model of economic activities that include using digitised the digital economy see
