digital economy

Update news digital economy

Huge potential for digital economic development in Vietnam: report

Bain & Company, in association with Tech for Good Institute – TFGI, has released a report on the platform economy in Southeast Asia, focusing on the Vietnamese market.

Strategy on developing digital economy & digital society submitted to gov’t

The Ministry of Information and Communications has submitted to the Government a draft Strategy for developing Vietnam’s digital economy and digital society, which may be approved this December. 

E-commerce promotes Vietnam's digital economy

While tourism has been hit hard by Covid-19, e-commerce has become the driving force for the digital economy in Vietnam this year.

Vietnam’s digital economy projected to hit US$220 billion by 2030: Report

Vietnam’s digital economy this year is expected to grow by 31% to US$21 billion - bolstered by a 53% year on year growth in e-commerce despite the shrinking online travel market - and hit US$57 billion by 2025.

Global list includes name of Vietnamese “unicorns”

Startup Sky Mavis with the game Axie Infinity has surprised the Vietnamese startup community when it reached a huge total market capitalization - US$2.4 billion - after three years since its release, a record time in the Asian technology world.

E-sports and the billion USD opportunities for Vietnam's digital economy

With a young population and the popularity of the Internet, Vietnam has great opportunities and potential to develop the industry of e-sports and video games. This will become a “smokeless industry” in Vietnam in the near future.

 

The digital economy in the new normal

Vietnam’s e-commerce has been growing rapidly, and when the pandemic is over, the e-commerce market is expected to be even more robust.

 

Vietnam develops indicators for digital economy statistics

The Ministry of Planning and Investment is working on the draft Circular on the Set of Statistical Indicators for the Digital Economy. 

Covid-19 pandemic and the golden season of digital transformation

On September 5, when the Covid-19 outbreak was still rampant, the new school year started online for millions of students. 

Indicators to measure Vietnam's digital economy needed

The set of indicators will fully reflect every aspect of the digital economy, including digital infrastructure, the popularity of digital means, online services, and human resources.

Vietnam among 10 countries with largest cross-border data transfer

Vietnam has been among the top 10 countries in terms of cross-border data transfer in the past decade.

 

Agriculture Ministry to open new path for farm produce sales

“We have to figure out a new ‘farm produce path’ that allows us to connect fields and markets,” said Minister of Agriculture and Rural Development Le Minh Hoan.

 

Developing a digital economy for the 21st century

Green growth and digital development are likely the most anticipated trends in the first half of the 21st century, helping a country develop fast and sustainably.

Infrastructure ready for digital economy, society: Minister

Green and digital development is the main development trend in the first half of the 21st century.

Gov't needs to improve legal framework for digital economy: experts

Experts have called on Vietnam to enhance its legal framework to promote the development of the digital economy to attract investment and improve its competitiveness.

 

GDP growth rate high in H1, but many people, businesses still struggling

Vietnam had a positive GDP growth in the first half of the year, and budget collections were beyond expectations. But there is still a dark side to Vietnam’s economy.

Information and Communications Ministry cooperates with ADB to promote Vietnam's digital transformation

The Ministry of Information and Communications (MIC) and the Asian Development Bank (ADB) have signed a Memorandum of Understanding on cooperation in developing digital government, digital economy and digital society.

Online ads earn big amid COVID-19 pandemic

Online advertising, as the first choice of firms and brands amid the pandemic, is thriving in Vietnam and could reach the milestone of 1 billion USD in revenue this year.

Ministry urged to submit National strategy on digital economy and society in August

Prime Minister Pham Minh Chinh has recently tasked the Ministry of Information and Communications (MIC) to finalize and submit a national strategy on developing digital economy and digital society this August.

59% of Vietnamese firms switch to digital platforms

In Vietnam, over half of businesses have turned to digital platforms to adapt to the new context amid the Covid-19 pandemic.