Page 4 - JT1-SalaryReport-2024
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VIETNAM
IT MARKET
LANDSCAPE
1. Summarize IT Market 2023
Despite the modest growth of Vietnam’s GDP at 4.24% in the first three
quarters of 2023, the country’s IT sector remains resilient and dynamic.
The GDP growth was influenced by the global economic challenges of
2023, including geopolitical conflicts, rising inflation, and cautious
monetary policies. These factors affected the economic performance,
investments, and consumption patterns of Vietnam’s key trading partners.
Vietnam ICT Revenue 2016 - 2023
2016 $60.9B
2017 $78.9B
2018 $102.9B
2019 $112.5B
2020 $124.7B
2021 $136.1B
2022 $148.0B
2023 $153.0B
$114.0B
Whole year [unit: bil USD] First 10 months [unit: bil USD]
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