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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