2401. Cybersecurity in Vietnam: Challenges and Opportunities in an Era of Digital Transformation
- Author:
- Hung Tran
- Publication Date:
- 03-2025
- Content Type:
- Working Paper
- Institution:
- East-West Center
- Abstract:
- Vietnam has experienced remarkable digital transformation over the past two decades with Internet penetration surging from zero percent in 2000 to 78 percent in 2023. This rapid digital growth, however, has brought increasing cybersecurity challenges. This article examines the current state of Vietnam's cybersecurity landscape, identifies key challenges, and explores opportunities for international cooperation to strengthen the nation's cyber resilience. Online fraud represents one of the most prevalent cybercrimes targeting Vietnamese internet users. A survey conducted by the National Cybersecurity Association (NCA) in 2024 involving 59,000 respondents identified fake investment schemes, institutional identity impersonation, and fraudulent lottery announcements as predominant forms of fraud. The Vietnam Information Security Warning Portal received nearly 16,000 reports of online frauds in 2023, resulting in estimated losses of USD 16.6 billion, equivalent to 3.6 percent of the country's GDP. These figures likely underrepresent the true scope of the problem, as many incidents go unreported.
- Topic:
- International Cooperation, Cybersecurity, Internet, and Digital Transformation
- Political Geography:
- Vietnam and Southeast Asia