Vietnam AI Governance Market

Vietnam AI Governance Market Overview:

The Vietnam AI governance market size reached USD 1.29 Million in 2024. Looking forward, the market is projected to reach USD 24.47 Million by 2033, exhibiting a growth rate (CAGR) of 34.20% during 2025-2033. The market is evolving as businesses and public institutions prioritize ethical frameworks, transparency, and accountability in artificial intelligence adoption. Growing digital transformation, coupled with increasing AI integration in finance, healthcare, and public services, is driving the demand for governance mechanisms that ensure compliance, fairness, and risk management. Policies supporting responsible AI usage further strengthen market growth, shaping a structured ecosystem, thereby contributing to the overall Vietnam AI governance market share.

Vietnam AI Governance Market Trends:

Focus on Ethical AI

The increasing dependence on artificial intelligence for essential decision-making is prompting a significant emphasis on ethical AI practices in Vietnam. In December 2024, Vietnam launched an AI Ethics Committee to ensure responsible innovation in artificial intelligence. Announced at a seminar in Hanoi, the committee aims to promote ethical standards, transparency, and social benefits while guiding AI development and facilitating international cooperation, showcasing Vietnam's commitment to effective AI governance and leadership. Organizations and policymakers are focusing on fairness, transparency, and accountability to ensure AI systems function without bias and gain user trust. Ethical frameworks are being integrated into the design and deployment of AI models, addressing aspects like explainability, inclusivity, and responsible data usage. This emphasis is enhancing public confidence in AI-driven solutions and establishing a strong foundation for sustainable adoption across various sectors, including healthcare, finance, and public administration. By tackling bias issues and promoting accountability, Vietnam is aligning with global standards while adapting its frameworks to meet local needs. This commitment to ethics is expected to drive the Vietnam AI governance market growth.

Regulatory Alignment

As artificial intelligence usage grows across various sectors in Vietnam, the alignment of regulations has become a prominent trend in governance. Policymakers are focused on developing policies and frameworks that ensure AI applications follow local laws while also meeting international best practices. In September 2025, the Vietnamese Government announced plans to update its National Artificial Intelligence Strategy and introduce an AI Law by the end of the year 2025, aiming to enhance AI as a pillar of socioeconomic development. The strategy focuses on data infrastructure, ethical safeguards, and a strong domestic AI market to boost innovation and competitiveness. This includes regulations concerning data privacy, cybersecurity, accountability, and the ethical use of AI. By adhering to global standards, Vietnam is creating a trustworthy environment that attracts both local and foreign investment in AI. Sectors like finance, healthcare, and manufacturing gain significant advantages from clear regulatory guidelines that mitigate compliance risks and foster innovation. In addition, these frameworks facilitate cross-border partnerships and the responsible expansion of AI technologies. This organized approach to regulation enhances trust and positions Vietnam as a competitive center for AI adoption in the region.

Vietnam AI Governance Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels from 2025-2033. Our report has categorized the market based on component, deployment mode, enterprise size, and industry vertical.

Component Insights:

• Solution
• Services

The report has provided a detailed breakup and analysis of the market based on the component. This includes solution and services.

Deployment Mode Insights:

• On-premises
• Cloud-based

A detailed breakup and analysis of the market based on the deployment mode have also been provided in the report. This includes on-premises and cloud-based deployments.

Enterprise Size Insights:

• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)

The report has provided a comprehensive analysis of the market based on enterprise size. This includes large enterprises and small and medium-sized enterprises (SMEs).

Industry Vertical Insights:

• BFSI
• Government and Defense
• Healthcare and Life Sciences
• Media and Entertainment
• Retail
• IT and Telecom
• Automotive
• Others

A detailed breakup and analysis of the market based on the industry vertical have also been provided in the report. This includes BFSI, government and defense, healthcare and life sciences, media and entertainment, retail, IT and telecom, automotive, and others.

Regional Insights:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam AI Governance Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam AI governance market performed so far and how will it perform in the coming years?
• What is the breakup of the Vietnam AI governance market on the basis of component?
• What is the breakup of the Vietnam AI governance market on the basis of deployment mode?
• What is the breakup of the Vietnam AI governance market on the basis of enterprise size?
• What is the breakup of the Vietnam AI governance market on the basis of industry vertical?
• What is the breakup of the Vietnam AI governance market on the basis of region?
• What are the various stages in the value chain of the Vietnam AI governance market? 
• What are the key driving factors and challenges in the Vietnam AI governance market?
• What is the structure of the Vietnam AI governance market and who are the key players?
• What is the degree of competition in the Vietnam AI governance market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam AI governance market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam AI governance market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam AI governance industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.